Financial planning : Do it Yourself

332
Financial Planning Powered By: Ready Bytes Software Labs Pvt. Ltd. (INDIA) Do It Yourself… PHASE - 1 of 2

Transcript of Financial planning : Do it Yourself

Financial Planning

Powered By: Ready Bytes Software Labs Pvt. Ltd. (INDIA)

Do It Yourself…

PHASE - 1 of 2

Financial Planning

DISCLAIMER

With the prior permission of the author Mr. Manish Chauhan, contents of his book “How To Be Your Own Financial Planner

in 10 Steps” are included / used / referenced in this presentation. So, this presentation doesn’t violate rules of Copyrights Act as

mentioned in the book by the author himself.

Also, by any means this presentation isn’t meant to harm anyone’ssentiments, financial policies or any other term/field of

financial sector. Unconditional apologies.

Financial Planning

Sorry, but initially i want you to

think a little…..

Things will be easier later on,

Extreme Concentration NEEDED,

For Next

Points

Financial Planning

3

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

1. It is a TOUGH TASK

2. Difficult to Understand

3. NEVER Do It SELF

Financial Planning

Financial Planning

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

Financial Planning

If you take Financial Planning as:

• Centralized with money,• Practical Decision System,• Emotionless Decision Making Power and,• Quick Money Making System

EXCEPT THIS

Financial Planning

Let’s Build a Thought Process Now…

Ease YourselfChapter – 1 of 5

Few Terms First….. (Slide 1/2)

Surrender Value (term 1/3): It is the worth of Life Insurance Policyat a given point of time. It is the amount you getwhen you surrender the policy before maturity.

Paid up Policy (term 2/3): It means you to not fill premiums any more.If you don’t want to surrender policy and also don’t wantto give premiums, then make it a paid up policy. It canbe done only if you filled some previous premiums.

Financial Planning

Few Terms First….. (Slide 2/2)

Bonus (term 3/3): Many traditional policies announce yearly bonuswhich keeps on accumulating and given to you at theend of maturity.

Financial Planning

Financial Planning

Optimizing LIPs (Life Insurance Policies)

Preliminary Thought

Don’t fool others by saying:

i don’t take Life policies for investments it’s ONLY becoz I want my family security

Optimizing LIPs (Life Insurance Policies)

Preliminary Thought

Don’t fool others by saying:

i don’t take Life policies for investments it’s ONLY becoz I want my family security

Financial Planning

Optimizing LIPs (Life Insurance Policies)

Preliminary Thought

Don’t fool others by saying:

i don’t take Life policies for investments it’s ONLY becoz I want my family security

Financial Planning

Financial Planning

Optimizing LIPs (Life Insurance Policies)

1. Don’t go for many no. of Life Insurance Policies

ADVANTAGES YOU ASK ?• Manage less no. Of policies• Keep less documents• BIGGEST ADVANTAGE COMES NOW:

o If death kisses you someday (this is not advantage)….. Your family should not face hardships in claiming from all those many policies…..

Financial Planning

Optimizing LIPs (Life Insurance Policies)

1. Don’t go for many no. of Life Insurance Policies

ADVANTAGES YOU ASK ?• Manage less no. Of policies• Keep less documents• BIGGEST ADVANTAGE COMES NOW:

o If death kisses you someday (this is not advantage)….. Your family should not face hardships in claiming from all those many policies…..

Financial Planning

Optimizing LIPs (Life Insurance Policies)

1. Don’t go for many no. of Life Insurance Policies

ADVANTAGES YOU ASK ?• Manage less no. Of policies• Keep less documents• BIGGEST ADVANTAGE COMES NOW:

o If death kisses you someday (this is not advantage)….. Your family should not face hardships in claiming from all those many policies…..

Financial Planning

Optimizing LIPs (Life Insurance Policies)

1. Don’t go for many no. of Life Insurance Policies

ADVANTAGES YOU ASK ?• Manage less no. Of policies• Keep less documents• BIGGEST ADVANTAGE COMES NOW:

o If death kisses you someday (this is not advantage)….. Your family should not face hardships in claiming from all those many policies…..

Financial Planning

Optimizing LIPs (Life Insurance Policies)

1. Don’t go for many no. of Life Insurance Policies

ADVANTAGES YOU ASK ?• Manage less no. Of policies• Keep less documents• BIGGEST ADVANTAGE COMES NOW:

o If death kisses you someday (this is not advantage)….. Your family should not face hardships in claiming from all those many policies…..

Financial Planning

Optimizing LIPs (Life Insurance Policies)

1. Don’t go for many no. of Life Insurance Policies

ADVANTAGES YOU ASK ?• Manage less no. Of policies• Keep less documents• BIGGEST ADVANTAGE COMES NOW:

o If death kisses you someday (which is not an advantage)….. Your family should not face hardships in claiming from all those many policies…..

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

1-2 Life Insurance Policies equivalent to 10-20 Focus on life cover amount, not on number of policies

Clean Life Insurance Portfolio

Stop low maturity value policies Stop filling premiums for them Trust me, its not a loss It’s a step towards profit in Life cover

Take term plans and LIP. THAT’S IT. Divide the premium for term and LIP Trust me, its not a loss It’s a step towards profit

Financial Planning

Points to Ponder

• Surrender the policies which provide low life cover• Start a new one with high cover value• REMEMBER: Don’t bother much for biggest cover•REMEMBER: Amount 10,00,000 = 15,00,000•REMEMBER: Amount 20,00,000 = 25,00,000• One High Life Cover = Lots of Small-Small Covers• An example may lengthen the topic, Let me know if you want one…..

Financial Planning

Points to Ponder

• Surrender the policies which provide low life cover• Start a new one with high cover value• REMEMBER: Don’t bother much for biggest cover•REMEMBER: Amount 10,00,000 = 15,00,000•REMEMBER: Amount 20,00,000 = 25,00,000• One High Life Cover = Lots of Small-Small Covers• An example may lengthen the topic, Let me know if you want one…..

Financial Planning

Points to Ponder

• Surrender the policies which provide low life cover• Start a new one with high cover value• REMEMBER: Don’t bother much for biggest cover•REMEMBER: Amount 10,00,000 = 15,00,000•REMEMBER: Amount 20,00,000 = 25,00,000• One High Life Cover = Lots of Small-Small Covers• An example may lengthen the topic, Let me know if you want one…..

Financial Planning

Points to Ponder

• Surrender the policies which provide low life cover• Start a new one with high cover value• REMEMBER: Don’t bother much for biggest cover•REMEMBER: Amount 10,00,000 = 15,00,000•REMEMBER: Amount 20,00,000 = 25,00,000• One High Life Cover = Lots of Small-Small Covers• An example may lengthen the topic, Let me know if you want one…..

Financial Planning

Points to Ponder

• Surrender the policies which provide low life cover• Start a new one with high cover value• REMEMBER: Don’t bother much for biggest cover•REMEMBER: Amount 10,00,000 = 15,00,000•REMEMBER: Amount 20,00,000 = 25,00,000• One High Life Cover = Lots of Small-Small Covers• An example may lengthen the topic, Let me know if you want one…..

Financial Planning

Points to Ponder

• Surrender the policies which provide low life cover• Start a new one with high cover value• REMEMBER: Don’t bother much for biggest cover•REMEMBER: Amount 10,00,000 = 15,00,000•REMEMBER: Amount 20,00,000 = 25,00,000• One High Life Cover = Lots of Small-Small Covers

Financial Planning

Dump The Small Policies+

Take Term Insurance Plans+

Use Fixed Deposits

Repeat With Me…..

Dump The Small Policies+

Take Term Insurance Plans+

Use Fixed Deposits

Repeat With Me…..

Financial Planning

Financial Planning

Dump The Small Policies+

Take Term Insurance Plans+

Use Fixed Deposits

Repeat With Me…..

Financial Planning

Quick Fires ?

2

Financial Planning

Life Insurance + Term Policy(What’s the Big Deal?)

Financial Planning

Let’s bring an example here:

Life Insurance + Term Policy(What’s the Big Deal?)

Financial Planning

Let’s say you have Rs. 40,000/yr to invest.

JUST Rs. 40,000 per year

• Don’t worry,• It’s a normal, simple and low amount• You can afford it easily

Financial Planning

Let’s say you have Rs. 40,000/yr to invest.

JUST Rs. 40,000 per year

• Don’t worry,• It’s a normal, simple and low amount• You can afford it easily

Financial Planning

Let’s say you have Rs. 40,000/yr to invest.

JUST Rs. 40,000 per year

• Don’t worry,• It’s a normal, simple and low amount• You can afford it easily

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Rs. 40,000 per year• Rs. 5,000 per year• Take a Life Insurance • Expect cover near to Rs. 50 lakhs• For lets say, 23 years? Ok.• After 23 years?• Rs. 50 lakhs• If you die, your family is somewhat safe

• Rs. 35,000 per year• Do fixed deposits• Lets assume 8% PPF rate• Lets say 23 years? Ok.• With Compound Interest• Near to Rs. 23 lakhs

TOTAL: Rs. 50 lakhs + Rs. 23 lakhs

Financial Planning

Much better 50+23

THAN JUST

50 of Life Insurance

Financial Planning

SUMMARY (Chapter - 1)

Minimize no. of Life Insurance Policies Don’t treat life cover as Investment tool Take Terms plans and Life Insurance Divide appropriate premium b/w them Also go for Fixed deposits They are like savings

Financial Planning

Never Ever Gives QUICK MONEY !

investmentsChapter - 2 of 5

Financial Planning

DRAW Something your BEST

on next SHEET

Financial Planning

Financial Planning

Done?

Financial Planning

Done?Now, Draw same beauty on this….. ->

Financial Planning

Financial Planning

WANT CLEANUP ?

Financial Planning

WANT CLEANUP ?

That’s my next point…..

Financial Planning

• Our Financial Life is like sheet of paper• Every scribble OR Every dirt means…..

BAD DECISIONS !

Financial Planning

• Our Financial Life is like sheet of paper• Every scribble OR Every dirt means…..

BAD DECISIONS !

Financial Planning

This Diwali, Let’s clean few things here…..

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

Optimize Stocks Optimize Mutual Funds Optimize Bank Accounts

Optimize ULIPs Optimize Credit Cards Optimize other investments

What is There to Clean ?

Financial Planning

OPTIMIZE STOCKS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

2 Categories for People in here:

1. Serious investors searching wealth

2. Investors searching QUICK GAINS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Serious investors searching wealth

Not looking for quick gains Very clear about rules of stocks Deeply study tricks of this game Have deep vision on stocks Know exactly how to make money over long terms

On right path They don’t need any cleanup here

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• 99% of stock population• Looking quick money in weeks or months• Sell shares ASAP see profit• Look charts, stock prices, but FOCUS profits• Buy on tips of friends or other means• Subscribe SMSs, channels, etc.• Want to label:

LUCKAs

TALENT

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• Brokers take advantage of such people

WHAT TO DO NOW ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

• Brokers take advantage of such people

WHAT TO DO NOW ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

Get rid of STOCKS asap Dying to play stocks? Invest in mutual funds

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

Get rid of STOCKS asap Dying to play stocks? Invest in mutual funds

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

Get rid of STOCKS asap Dying to play stocks? Invest in mutual funds

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

Get rid of STOCKS asap Dying to play stocks? Invest in mutual funds

WHY GET RID ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

Get rid of STOCKS asap Dying to play stocks? Invest in mutual funds

What’s the Problem ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

i don’t have any problem….. You have 2:

Your money is locked in thereo Use it in other parts of life

You think a lot about those stockso It consumes you precious time

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

i don’t have any problem….. You have 2:

Your money is locked in thereo Use it in other parts of life

You think a lot about those stockso It consumes you precious time

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

i don’t have any problem….. You have 2:

Your money is locked in thereo Use it in other parts of life

You think a lot about those stockso It consumes you precious time

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Investors searching QUICK GAINS

i don’t have any problem….. You have 2:

Your money is locked in thereo Use it in other parts of life

You think a lot about those stockso It consumes you precious time

Financial Planning

Quick Fires ?

2

Financial Planning

OPTIMIZE MUTUAL FUNDS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

a MYTH lives here also…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Many Investors Feel That:

• More mutual funds they invest in,• The better it is…..

What’s the TRUTH?

• Mutual funds aren’t like:o Stamp collection, oro Coin CollectionoMore is not always better…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Many Investors Feel That:

• More mutual funds they invest in,• The better it is…..

What’s the TRUTH?

• Mutual funds aren’t like:o Stamp collection, oro Coin CollectionoMore is not always better…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Many Investors Feel That:

• More mutual funds they invest in,• The better it is…..

What’s the TRUTH?

• Mutual funds aren’t like:o Stamp collection, oro Coin CollectionoMore is not always better…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Many Investors Feel That:

• More mutual funds they invest in,• The better it is…..

What’s the TRUTH?

• Mutual funds aren’t like:o Stamp collection, oro Coin CollectionoMore is not always better…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Many Investors Feel That:

• More mutual funds they invest in,• The better it is…..

What’s the TRUTH?

• Mutual funds aren’t like:o Stamp collection, oro Coin CollectionoMore is not always better…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What Matters in Mutual Funds ?• The allocation in different stocks• Their quality

Already invested in same kinds of stocks?

WHAT TO DO NOW ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What Matters in Mutual Funds ?• The allocation in different stocks• Their quality

Already invested in same kinds of stocks?

WHAT TO DO NOW ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What Matters in Mutual Funds ?• The allocation in different stocks• Their quality

Already invested in same kinds of stocks?

WHAT TO DO NOW ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Just 2 steps for now:

• SHUT all the current Mutual Funds

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Just 2 steps for now:

• SHUT all the current Mutual Funds

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Just 2 steps for now:

• SHUT all the current Mutual Funds

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Just 2 steps for now:

• SHUT all the current Mutual Funds

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Just 2 steps for now:

• SHUT all the current Mutual Funds

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Restart

Financial Planning

OPTIMIZE BANK ACCOUNTS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Again comes the COUNT…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Lesser the bank accounts,

• Lesser the number of fixed deposits,

• THE BETTER

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Lesser the bank accounts,

• Lesser the number of fixed deposits,

• THE BETTER

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Lesser the bank accounts,

• Lesser the number of fixed deposits,

• THE BETTER

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHY BETTER ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

HOW BETTER ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Not much problem unless you are dead,o Afterwards, your family faces problems,o Claim each bank account,o Claim each fixed deposit,o A lengthy process…..

• Each bank has different cheque-books• Account Statements• Different penalty charges• And you keep track all of this…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• One Joint accounto For family

• One Personal Accounto For salary transfers from company

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• One Joint accounto For family

• One Personal Accounto For salary transfers from company

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• One Joint accounto For family

• One Personal Accounto For salary transfers from company

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• One Joint accounto For family

• One Personal Accounto For salary transfers from company

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• One Joint accounto For family

• One Personal Accounto For salary transfers from company

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• One Joint accounto For family

• One Personal Accounto For salary transfers from company

AND

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

THAT’s ALL !All your money can fit into this…..

Financial Planning

OPTIMIZE ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

ULIPs are Unit Linked Plans.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

ULIPs are Unit Linked Plans.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

WHAT ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

That’s It?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

• ULIPs are Unit Linked Plans.• They mix Life insurance, investments

and LINK with Stock Market.

• You get life insurance, tax advantage & superb returns….. HOW?

• Because the investments are done inSTOCK MARKETS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

• ULIPs are Unit Linked Plans.• They mix Life insurance, investments

and LINK with Stock Market.

• You get life insurance, tax advantage & superb returns….. HOW?

• Because the investments are done inSTOCK MARKETS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

• ULIPs are Unit Linked Plans.• They mix Life insurance, investments

and LINK with Stock Market.

• You get life insurance, tax advantage & superb returns….. HOW?

• Because the investments are done inSTOCK MARKETS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

• ULIPs are Unit Linked Plans.• They mix Life insurance, investments

and LINK with Stock Market.

• You get life insurance, tax advantage & superb returns….. HOW?

• Because the investments are done inSTOCK MARKETS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?

• ULIPs are Unit Linked Plans.• They mix Life insurance, investments

and LINK with Stock Market.

• You get life insurance, tax advantage & superb returns….. HOW?

• Because the investments are done inSTOCK MARKETS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• Like me,• ULIPs are not suitable for common man.• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT ARE ULIPs?In short,

• ULIPs are not suitable for common man.• Like me,• ULIPs are for market and stock tycoons,• Who can manipulate market very well…..• LOST INTEREST IN ULIPs?• Good ! Move to next topic • SKIP these ULIPs

Still INTERESTED in ULIPs ?Then let’s continue…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs had some fine rules• Buyers should have checked• Sellers should have told customers• Customers should have asked all things

• No one performed well and,Customers got trapped

• Such customers could not afford ULIPs

Years 2004-2007

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs had some fine rules• Buyers should have checked• Sellers should have told customers• Customers should have asked all things

• No one performed well and,Customers got trapped

• Such customers could not afford ULIPs

Years 2004-2007

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs had some fine rules• Buyers should have checked• Sellers should have told customers• Customers should have asked all things

• No one performed well and,Customers got trapped

• Such customers could not afford ULIPs

Years 2004-2007

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs had some fine rules• Buyers should have checked• Sellers should have told customers• Customers should have asked all things

• No one performed well and,Customers got trapped

• Such customers could not afford ULIPs

Years 2004-2007

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs had some fine rules• Buyers should have checked• Sellers should have told customers• Customers should have asked all things

• No one performed well and,Customers got trapped

• Such customers could not afford ULIPs

Years 2004-2007

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs had some fine rules• Buyers should have checked• Sellers should have told customers• Customers should have asked all things

• No one performed well and,Customers got trapped

• Such customers could not afford ULIPs

Years 2004-2007

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point – 1/3:• Short Term Product• Stop paying premium after 3 years• Huge Charges in initial years• People got shocked after many years

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point – 1/3:• Short Term Product• Stop paying premium after 3 years• Huge Charges in initial years• People got shocked after many years

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point – 1/3:• Short Term Product• Stop paying premium after 3 years• Huge Charges in initial years• People got shocked after many years

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point – 1/3:• Short Term Product• Stop paying premium after 3 years• Huge Charges in initial years• People got shocked after many years

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point -2/3:• Additional benefit of Life Insurance• It is FREE!• Mortality charges are reduced each

year

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point -2/3:• Additional benefit of Life Insurance• It is FREE!• Mortality charges are reduced each

year

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007

Top Selling Points of ULIPs:

Selling Point -2/3:• Additional benefit of Life Insurance• It is FREE!• Mortality charges are reduced each

year

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007Top Selling Points of ULIPs:

Selling Point -3/3:• It will give EXCELLENT returns!• Easy to switch b/w equity & debt funds• Growth in money• Anyone can do it• The actual complexity cursed many

people.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007Top Selling Points of ULIPs:

Selling Point -3/3:• It will give EXCELLENT returns!• Easy to switch b/w equity & debt funds• Growth in money• Anyone can do it• The actual complexity cursed many

people.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007Top Selling Points of ULIPs:

Selling Point -3/3:• It will give EXCELLENT returns!• Easy to switch b/w equity & debt funds• Growth in money• Anyone can do it• The actual complexity cursed many

people.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007Top Selling Points of ULIPs:

Selling Point -3/3:• It will give EXCELLENT returns!• Easy to switch b/w equity & debt funds• Growth in money• Anyone can do it• The actual complexity cursed many

people.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Years 2004-2007Top Selling Points of ULIPs:

Selling Point -3/3:• It will give EXCELLENT returns!• Easy to switch b/w equity & debt funds• Growth in money• Anyone can do it• The actual complexity cursed many

people.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• ULIPs are long term financial products• Investments are done in stocks• Not suitable for those who: Don’t know various features And, switching options in ULIPs And, when to switch

• It is widely said:• “Pay the premium and wait for years to perform”• Its not like this,• Various charges may bring down returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

How to Cleanup ULIPs ?

• Best way you ask?• STOP THEM !• Most policies return 100%

after 5th year.• Completed 5 years?• Take current worth and,

make suitable use

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

How to Cleanup ULIPs ?

• Best way you ask?• STOP THEM !• Most policies return 100%

after 5th year.• Completed 5 years?• Take current worth and,

make suitable use

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

How to Cleanup ULIPs ?

• Best way you ask?• STOP THEM !• Most policies return 100%

after 5th year.• Completed 5 years?• Take current worth and,

make suitable use

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

How to Cleanup ULIPs ?

• Best way you ask?• STOP THEM !• Most policies return 100%

after 5th year.• Completed 5 years?• Take current worth and,

make suitable use

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

How to Cleanup ULIPs ?

• Best way you ask?• STOP THEM !• Most policies return 100%

after 5th year.• Completed 5 years?• Take current worth and,

make suitable use

Financial Planning

OPTIMIZE CREDIT CARDS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

CHARMING ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points

•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points

•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points

•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points

•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points

•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points

•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points• Always, pay back later•BEST CHARM IS:

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points• Always, pay back later•BEST CHARM :

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Let’s Deal with CHARMS first…..

• Many people have lots of credit cards• The higher the number, the higher is credit limit• Different credit cards, various benefits• Offers in terms of cash back• Bonus Points• Always, pay back later•BEST CHARM :

DOUBLE EDGED SWORDS !!!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Bad Habit!Credit Cards You Ask ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Bad Habit!Credit Cards You Ask ?

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Spend on things you don’t really need• Can let you into debt trap• You overspend• Don’t pay on time• It takes lot of time to come out of debt• Credit cards can create HAVOC!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Spend on things you don’t really need• Can let you into debt trap• You overspend• Don’t pay on time• It takes lot of time to come out of debt• Credit cards can create HAVOC!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Spend on things you don’t really need• Can let you into debt trap• You overspend• Don’t pay on time• It takes lot of time to come out of debt• Credit cards can create HAVOC!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Spend on things you don’t really need• Can let you into debt trap• You overspend• Don’t pay on time• It takes lot of time to come out of debt• Credit cards can create HAVOC!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Spend on things you don’t really need• Can let you into debt trap• You overspend• Don’t pay on time• It takes lot of time to come out of debt• Credit cards can create HAVOC!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

• Spend on things you don’t really need• Can let you into debt trap• You overspend• Don’t pay on time• It takes lot of time to come out of debt• Credit cards can create HAVOC!

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Myth of Minimum Payment

What most people understand it is:

• A favor from Credit Card company• Pay minimum balance per month• And, keep increase the debt on credit card

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Myth of Minimum Payment

What most people understand it is:

• A favor from Credit Card company• Pay minimum balance per month• And, keep increase the debt on credit card

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Myth of Minimum Payment

What most people understand it is:

• A favor from Credit Card company• Pay minimum balance per month• And, keep increase the debt on credit card

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Myth of Minimum Payment

What most people understand it is:

• A favor from Credit Card company• Pay minimum balance per month• And, keep increase the debt on credit card

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Myth of Minimum Payment

What most people understand it is:

• A favor from Credit Card company• Pay minimum balance per month• And, keep increase the debt on credit card

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Minimum Payment in Credit Cards

• Amount to pay on credit card bill• It is to avoid penalty charges for

non-payment• But, interest is charged on dues

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Minimum Payment in Credit Cards

• Amount to pay on credit card bill• It is to avoid penalty charges for

non-payment• But, interest is charged on dues

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Minimum Payment in Credit Cards

• Amount to pay on credit card bill• It is to avoid penalty charges for

non-payment• But, interest is charged on dues

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Minimum Payment in Credit Cards

• Amount to pay on credit card bill• It is to avoid penalty charges for

non-payment• But, interest is charged on dues

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

An Example ? Okay.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

Credit Card Bill: Rs. 20,000Minimum Payment: Rs. 1,000

We can do 3 things in this case…..

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

1. Make the full payment of Rs. 20,000

2. Don’t pay anything• Penalty of Rs. 1,000 will be applied• Added to your dues• Interest will be charged on dues

3. Make min. payment of Rs. 1,000• No penalty will be charged• But, interest is charged on debt

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

WHAT TO DO ?

• Keep very few credit cards• Control the spending behavior• Understand credit limits

• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000Or say,

• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000• Choice is yours, Always.

Financial Planning

Quick Fires ?

3

Financial Planning

OPTIMIZE OTHER INVESTMENTS

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Optimize Stocks

Optimize Mutual Funds

Optimize Bank Accounts

Optimize ULIPs

Optimize Credit Cards

Optimize other investments

Financial Planning

What can be in there?

• PPF, NSC, Post Office Products,• Real Estate, Infrastructure bonds…..

CHECK:Why did you buy it ? Does it serve well ?Reduce the no. accordingly…..Without compromising the returns

Financial Planning

A Money Backup for Your Health Problems

Health InsuranceChapter – 3 of 5

Financial Planning

It provides medical money You don’t need to break other investments Your bank balance remains safe

Financial Planning

Repayment Based Policies & Lump Sum Benefits

• Return the actual money• Upto a limit only• Like,

o Room chargeso Surgeono Oxygeno Bloodo Operation Theatre

• Return a certain amount only• Actual spent money doesn’t matter• Like,

o Per day amount of hospitalization

o Heart attacko Kidney failureo Bypass surgery, etc.

Financial Planning

Repayment Based Policies & Lump Sum Benefits

• Return the actual money• Upto a limit only• Like,

o Room chargeso Surgeono Oxygeno Bloodo Operation Theatre

• Return a certain amount only• Actual spent money doesn’t matter• Like,

o Per day amount of hospitalization

o Heart attacko Kidney failureo Bypass surgery, etc.

Financial Planning

Repayment Based Policies & Lump Sum Benefits

• Return the actual money• Upto a limit only• Like,

o Room chargeso Surgeono Oxygeno Bloodo Operation Theatre

• Return a certain amount only• Actual spent money doesn’t matter• Like,

o Per day amount of hospitalization

o Heart attacko Kidney failureo Bypass surgery, etc.

Financial Planning

Repayment Based Policies & Lump Sum Benefits

• Return the actual money• Upto a limit only• Like,

o Room chargeso Surgeono Oxygeno Bloodo Operation Theatre

• Return a certain amount only• Actual spent money doesn’t matter• Like,

o Per day amount of hospitalization

o Heart attacko Kidney failureo Bypass surgery, etc.

Financial Planning

Repayment Based Policies & Lump Sum Benefits

• Return the actual money• Upto a limit only• Like,

o Room chargeso Surgeono Oxygeno Bloodo Operation Theatre

• Return a certain amount only• Actual spent money doesn’t matter• Like,

o Per day amount of hospitalization

o Heart attacko Kidney failureo Bypass surgery, etc.

Financial Planning

Repayment Based Policies & Lump Sum Benefits

• Return the actual money• Upto a limit only• Like,

o Room chargeso Surgeono Oxygeno Bloodo Operation Theatre

• Return a certain amount only• Actual spent money doesn’t matter• Like,

o Per day amount of hospitalization

o Heart attacko Kidney failureo Bypass surgery, etc.

Financial Planning

Features Cover for Individual Family Floater

Who’s Covered ? Only the insured person Self + Spouse + Kids

Eligibility Criteria Age 18+ years Primary insured should be 18+ years age

Insurance Cost Greater than Family Floater

Comparatively low

Individual & Family Floaters

Financial Planning

“My Employer provides me health insurance.”

Still, take a cover of your own.

Feel the difference later.

Financial Planning

“My Employer provides me health insurance.”

Still, take a cover of your own.

Feel the difference later.

Financial Planning

“My Employer provides me health insurance.”

Still, take a cover of your own.

Feel the difference later.

Financial Planning

Wait! It’s an emergency…..

Emergency FundsChapter – 4 of 5

Financial Planning

Wait! It’s an emergency…..

Emergency FundsChapter – 4 of 5

Financial Planning

Wait! It’s an emergency…..

Emergency FundsChapter – 4 of 5

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

What Kinda Emergencies ?

Debt Crisis ? May be. Job Loss ? May be. Hair Loss? No. Someone close in emergency like, illness? Others…..

Financial Planning

• It’s good to keep aside money for such emergencies.• Peace of mind you get.• Two questions can be asked to ourselves:

o How much to keep safe for such situations ?o How fast can we access it ?

Brush any suitable title here…..

Financial Planning

• It’s good to keep aside money for such emergencies.• Peace of mind you get.• Two questions can be asked to ourselves:

o How much to keep safe for such situations ?o How fast can we access it ?

Brush any suitable title here…..

Financial Planning

• It’s good to keep aside money for such emergencies.• Peace of mind you get.• Two questions can be asked to ourselves:

o How much to keep safe for such situations ?o How fast can we access it ?

Brush any suitable title here…..

Financial Planning

• It’s good to keep aside money for such emergencies.• Peace of mind you get.• Two questions can be asked to ourselves:

o How much to keep safe for such situations ?o How fast can we access it ?

Brush any suitable title here…..

Financial Planning

• It’s good to keep aside money for such emergencies.• Peace of mind you get.• Two questions can be asked to ourselves:

o How much to keep safe for such situations ?o How fast can we access it ?

Brush any suitable title here…..

Financial Planning

Where to Invest ?

• Savings bank account• Liquid Funds• Fixed deposits• Credit Cards (Not recommended at all) Unless the situation is of DO or DIE

Financial Planning

Where to Invest ?

• Savings bank account• Liquid Funds• Fixed deposits• Credit Cards (Not recommended at all) Unless the situation is of DO or DIE

Financial Planning

Where to Invest ?

• Savings bank account• Liquid Funds• Fixed deposits• Credit Cards (Not recommended at all) Unless the situation is of DO or DIE

Financial Planning

Where to Invest ?

• Savings bank account• Liquid Funds• Fixed deposits• Credit Cards (Not recommended at all) Unless the situation is of DO or DIE

Financial Planning

Where to Invest ?

• Savings bank account• Liquid Funds• Fixed deposits• Credit Cards (Not recommended at all) Unless the situation is of DO or DIE

Financial Planning

Quick Fires ?

2

Financial Planning

It’s about fulfilling our Monetary Dreams

Goal PlanningChapter – 5 of 5

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Two Types of Goals Are Here

Short Term Goals Long Term Goals• Range between 0-5 years• Includes Tasks Like, Buying a large LCD TV Higher Education Buying a car Attending a wedding in family

• Range beyond 5 years• Includes Tasks Like, Buying a new HomeWorld Tours Becoming entrepreneur Education of children

Financial Planning

Steps Solve the Task

Calculate future value of the financial goals

Find, how much to investper month/year to achieve the future value

Where to invest ?

Financial Planning

Steps Solve the Task

Calculate future value of the financial goals

1

Financial Planning

Steps Solve the Task

Calculate future value of the financial goals

Find, how much to investper month/year to achieve the future value

1 2

Financial Planning

Steps Solve the Task

Calculate future value of the financial goals

Find, how much to investper month/year to achieve the future value

Where to invest ?

1 32

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Where to Invest ?Short Term Goal Long Term Goal

Risk

Tak

ers

Risk

Avo

ider

s

• Debt Funds• Corporate fixed deposits• Recurring deposits• Fixed deposits• Fixed maturity plans

• Equity mutual funds• Real estate• Index funds• Stocks• Balanced Funds

• Fixed deposits• Recurring deposits• Saving bank account

• Balanced Funds• Fixed deposits• Gold• Index funds• PPF

Financial Planning

Quick Fires ?

Financial Planning

CREDITS

“How To Be Your Own Financial Planner In 10 Steps”.

Written by: Mr. Manish Chauhan

Purchase Now !

To Be Continued…..

Ready Bytes Software Labs Presentation

Financial Planning

Out of the total 10 steps available in the book, we have covered 5 steps in this Phase 1 of the presentation.

As, it may get difficult for many people to cover whole of the content in this Phase 1

so, we will cover rest of the steps in Phase 2.

Thank you so much for being with us. Stay in touch for Phase 2.