Your friends are all gearing up for a career in fashion industry, digital marketing and medicine and if they are still brave enough perhaps even they are looking at engineering (read Information Technology). But the ‘Old Man’ wants you to become a Financial Planner. Sounds boring right? Sounds more like an LIC Agent (with all respect to the profession) or someone trying to sell insurance products? You are worried that you will find no girl or guy to date and perhaps not even be able to talk technology with your gang. But perhaps you shouldn’t rebel against your father and take up a career in Financial Planning. Why do we say so? Read on…
Assured Career In The Market of Uncertainty
If you are lucky enough to get a Government Job you have an assured life ahead (even this may not hold true in the future as the Sarkari babus have been put on their toes) but for the rest, it’s living life on the edge. There are no secured career options anymore. Automation and AI have made engineering jobs vulnerable and there is lack of growth in traditional financial jobs. Your old man who reads newspapers every day is worried about your future and hence advising you to become a Financial Planner. This is one career profile that is on an upswing and offers you increased scope for employment or even the option to start your career as an individual professional. You must understand his concerns; after all, he has greyed his hair or completely lost them understanding the world better than you.
95% of The Indians Are Waiting for You!
Indians seek expert advice for everything from the education of their child to buying the next car. Where we tend to ignore it is when it comes to our investments. We want to keep it secret from others and at times even from our spouse and the family. Investing without the sound knowledge or professional help is akin to a teetotaller buying a wine for his friend. The odds of making a mistake are high. The fact is 95% of people in India invest without seeking professional help. But with returns from guaranteed investments dwindling and people turning towards stocks and MFs we are witnessing a shortfall of seasoned financial advisors and they are in demand. As a financial planner, you will be the coolest person to hang out with as your skills and experience would be in great demand in the future.
You Will Create People’s Future
For years medical practitioners have created an aura around their profession by the virtue of saving lives. Engineers always look at themselves as problem solvers who can dig tunnels into the mountains, generate power from water and ease life using Information Technology. As a Financial Planner, you will create people’s future and quite literally so. You will guide them into the right kind of investments based on their goals so that they can enjoy a life of peace and prosperity once they hang their boots. From planning their children’s education to celebrating daughter’s wedding in style you will help secure their future. Doesn’t that sound an exciting career option where you can count everyone from the good old Sarkari babu to your cardiologist friend as your clients?
Now that you understand the logic behind your dad’s suggestion it is time to prepare for a career in Financial Planning. While there is no big entry barrier as far entering into this profession is concerned if you want to aim for the top you need to be a CFP Certified Financial Planner. It involves years of hard work but all those efforts are as rewarding as sipping a glass of champagne at the tip of a mountain. So listen to your Old Man and a great career awaits you.