In India, only 4% of the population is financially educated, leaving many vulnerable to unqualified advice and misselling. How can we change this?In this episode of ELI, we sit down with Krishan Mishra, CEO of FPSB India, the leading financial planning body that offers the globally recognized Certified Financial Planner (CFP) certification. Krishan breaks down the critical importance of professional financial planning, tracing its roots from Chanakya's Arthashastra to the modern era.We discuss everything from the problem of misselling in banks to how AI is shaping the future of financial advice. Krishan explains who the CFP certification is for, the career opportunities it unlocks, and why every Indian, regardless of their profession or income, needs a financial plan.Chapters(00:00) Intro(00:37) Krishan Mishra's Journey: From Army Brat to CEO(02:40) What is FPSB & the History of Financial Planning?(07:31) Who Can Pursue the CFP Certification?(09:28) The Evolution of Financial Advice in India(13:14) CFP Certification Recognition: From Regulators to Corporates(16:49) The "Advisor vs. Seller" Dilemma in Finance(20:02) Tackling Unqualified Advice & Misselling in Banks(24:02) Will AI Replace Financial Planners?(28:34) Career Paths & Use Cases for a CFP Professional(33:12) Final Message: Why Everyone Needs a Financial Plan(34:34) Outro