If you wish to keep your financial situation stable and under control you must review and update your financial plan regularly, according to the changing circumstances. The most important thing that you must review is your asset allocation. Asset allocation is important because most of the allocations are done in a random manner without any goal in mind. Some of us park their money in in provident fund, fixed deposit, mutual funds, and various others. You need to know the amounts to be parked in various investment avenues so that you could plan for things like your higher education, family, marriage, and retirement. However, before reviewing your assets, you must also comprehend your financial situation. A financial advisor would help you comprehend your financial situation on the basis of...