As per the concept of the time value of money (TVM), the amount available at present is worth more than the same amount in the future because of its potential earning capacity.
‘Compound Interest is the 8th wonder of the world. He, who understands it, earns it; he, who doesn’t pays it!’ – Albert Einstein
Many times people think that financial planning is only for a very rich person and not for them, but in today’s scenario, it must for every class of society.
Recent Comments