Money Management: Looking Back To Look Ahead

K S Rao, Head - Investor Education & Distribution Development, Aditya Birla Sun Life AMC Limited In 2021, there were lessons learnt, un-learned and re-learned. In 2022, these changes will continue to govern a greater part of our lives. Reflections pave the way for resolutions and that helps all of us make progress in maintaining and building financial health. Takeaways From 2021 Insurance is a must: In the event of a major health crisis, access to medical facilities can become a vicious demand and supply game. Insurance can be the much-needed support for you and your family to get appropriate medical attention in such circumstances. Plan for emergencies: Lockdown curbs meant many lost jobs or saw salaries being slashed. All of this coupled with mounting medical expenses brought about unspeakable misery. In such situations, a solid emergency reservoir can be a boon. Those who had...