A study on personal financial planning in UK and India with the help of case studies

Abstract

Financial planning is becoming one of the most important parts of life in the world. In this study, we discuss
about personal financial planning, financial literacy, and software applications. We have done this by examining
two scenarios: India and the UK. For this study, we took cases of personal financial planning done in the UK and
India to gain clarity. We had joined an organization to understand this topic and prepare this research paper. We
tried to find out how financial planning is done in the UK and what type of software is used by UK people to
invest and plan their future. Similarly, we have studied which type of software and method was used to invest and
plan future by Indian people; we also found out how Indian and UK organizations provided financial services and
which method they used, as well as how the different government rules and regulation effected personal financial
planning in both countries. We have done this topic based on case study by using real-time case. We also try to
study the differences between Indian people and UK people toward future planning and investment.