How do I know that I am on track with my financial goals?
Having a financial goal and working towards achieving it with savings and investments is one thing while to actually know you are on track to achieve it calls for a review. An easy and basic tool that you can use to track your progress is to check if your investments are growing at a pace significantly faster than inflation. These days, there are plenty of online tools and calculators available which will help you ascertain the progress you are making towards your financial goals. As long as you are regularly saving towards it and your corpus is growing and reaching the desired levels, you are on track. If the shortfall is significant to what it should be, it is time for you to put your money to work better and realise your financial goals.