Friday, October 27, 2006

Planning tools

Money Control gives you a lot of tools to plan your personal finance decisions. Most of us spend more than half of our lives working and saving because money is important, in fact crucial. However, most of us spend almost no time planning to make that hard-earned money work more effectively for us.

Money Control brings you a host of calculators and tools to facilitate the planning process.

Risk Analyser is an interesting tool which tells you about your risk capacity and tolerance. After a list of 20 questions which you answer( and these questions are searching as well as eye openers!) the software tells you about your risk appetite.

Also , based on your risk profile, they will recommend an asset allocation structure best suited for you. The RiskAnalyser should take you about 10 minutes to complete.

An interesting and helpful exercise for all of us.
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