January to March every year is considered a tax saving season for many, who scramble from their bank account to reduce the tax liability.

Why not plan from the beginning of the financial year for saving which are targeted in helping you achieve your financial goals, rather than focus on tax savings.

If you are considering tax savings, why not plan at the beginning of every financial year through prudent tax planning after analysing the bonus and other payouts. This would create less strain on your finances at the end of the financial year and also help maintain a healthy budget throughout the year.

Investments should be targeted to achieve one’s financial goals are create financial independence. Tax savings should be a by-product of investing and not the reason for investing.