so I have come up with the most basic but yet VERY VERY EFFECTIVE FINANCIAL PLAN with least monitoring required.
1) Buy a good Health Insurance for the Family (Family Floater plan cheaper)
2) Buy simple pure TERM Insurance Plan for Head of family
3) Start an SIP in good BALANCED FUND (balanced Fund does automatic Portfolio Rebalancing)
Note : you can do an Dividend payout to a Gold Fund to get gold exposure.
Each and every Individual should do this three things religiously at the least.