Your SlideShare is downloading. ×
Disha a financial wisdom
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Disha a financial wisdom

452

Published on

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
452
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Disha A way to Financial wisdom……..
  • 2. Disha
    • Tax Planning :
    • First comes in mind ………
    • Normally starts in November .
    • Confusion on selection of Instrument.
    • The situation is Panic.
    • Mission tax saving.
  • 3.
    • Tax Planning :
    • Can a tax saving tool also work as
    • a Strategic Financial planning tool ?
    • Answer : Yes.
    Disha
  • 4.
    • Tax Planning :
    • Can help you in Making your
    • Financial foundation strong.
    • There are two main Purpose of Financial
    • Planning
    • 1. Protection of existing Asset &
    • 2. Preparing for Future expenses.
    Disha
  • 5.
    • Tax Planning :
    • Protection of Existing asset :
    • Insurance : Financial liability can be covered by Life
    • insurance. tax saving u/s 80C.
    • Accidental & Disability insurance is must.
    • tax saving u/s 80C.
    • Medical insurance for your family & parents is must.
    • tax saving u/s 80D.
    • Insurance is only a protection tool not an investment tool .
    Disha
  • 6.
    • Tax Planning :
    • The Tax saving instrument can be aligned very
    • well for your long term goals like retirement.
    Disha
  • 7.
    • Tax Planning :
    • If you invest Rs. 8000 pm in Long term asset for 30 years & if the rate of interest is 14% pa How much you will have after 30 years ?
    • Total investment : 28,80,000. & Returns will be : sssss …….. 4,44,56,445.
    • This is power of compounding.
    • ELSS can do this for you with tax saving u/s 80C.
    Disha
  • 8.
    • Tax Saving :
    • How much I have to save this year ?
    • Salary – PF – Existing insurance premium –
    • Home loan Principle , Other tax savings u/s 80c =
    • Total investment for tax planning.
    Disha
  • 9.
    • Expenses :
    • This is the thing which can defeat you on
    • Financial management front.
    • Keep a closer track.
    • Don’t let only emotions to take your financial
    • decisions, involve Brain also in to it.
    Disha
  • 10.
    • Expenses :
    • How much should my expenses ?
    • It should not be more than your 30 % of salary.
    • What if it is more?
    • Track your expenses month by month find out
    • where the hole is & block it.
    Disha
  • 11.
    • Loans :
    • Take loan wisely :
    • Rate of interest & allied charges are the key decision making factor.
    • You can negotiate the rates.
    Disha
  • 12.
    • Loans :
    • Loan Rs. 30,00,000/- taken for 20 years.
    • Rate of int. 11% , EMI : 30966/-
    • Total int. paid : 44,31,765/-
    • If you can negotiate by 1% .
    • Then EMI : 28951/-
    • Total int. Paid :39,48,155/- & invested difference of Rs. 2015 will give you 26,21,850/- invested @ 14%
    Disha
  • 13.
    • Loans :
    • EMI of the loan should not be more than 45% of your salary.
    • What is your calculation says for you ?
    • If it is more by 10% - Salary increase may offset.
    • If it is more than that it may be alarming situation make a plan to bring it down.
    ` Disha
  • 14.
    • Credit Card :
    • IT is a “Fine” instrument in both ways
    • If you use it in efficient way is it good for you & if
    • not then you have to pay
    • “ Fine” for it.
    Disha
  • 15.
    • Taking investment decision
    • Which instrument is good for me ?
    • Should I invest where my friend had invested ?
    • Should I go for Higher returns or Safety ?
    • How much to invest ?
    • When to invest ?
    Disha
  • 16.
    • Taking investment decision
    • Let me ask you few questions !
    • Can you travel without destination in mind ?
    • Can you travel without knowing time when to reach ?
    • Can you travel without thinking of
    • your budget ?
    Disha
  • 17.
    • Taking investment decision
    • No ? Why ?
    • Why these three things are important ?
    Disha
  • 18.
    • Taking investment decision
    • Then why you let your money to travel without knowing destination, Time available & Budget ?
    • Why you select Vehicle first for your Money ?
    • & still expect that it should deliver what you want without knowing ?
    Disha
  • 19.
    • Taking investment decision
    • Your financial goal should be clear before selecting an investment vehicle .
    • Setting goal will increase probability to reach the goal .
    Disha
  • 20.
    • Taking investment decision
    • Your financial goal , The time available & your investment capacity will guide you to select right kind of investment Vehicle
    • Will help you in setting realistic
    • targets for you & immediate
    • corrective actions to be taken.
    Disha
  • 21.
    • Taking investment decision
    • Divide the goals on the basis of duration to goal
    • Short term. : < 3 years.
    • Mid term. : 3 to 5 years.
    • Long term. : > 5 years.
    • Eg. Retirtement .
    Disha
  • 22.
    • Taking investment decision
    • Duration of goal will tell you the asset class of choice.
    • This will guide you to set a proper allocation of your available funds & Future investment.
    • Asset allocation is important
    • in taking investment
    • decisions.
    Disha
  • 23.
    • Taking investment decision
    • The market is flooded with investment solutions no one is bad or good for YOU, It is good or bad for YOUR financial goals.
    Disha
  • 24.
    • Taking investment decision
    • Be aware of the people who gives you a Guarantee , in non guaranteed market.
    • Capital guarantee
    • NAV guarantee
    • Returns guarantee etc…..
    Disha
  • 25.
    • Stick to basic rules of investing
    • Set goal for investment.
    • Start early.
    • Increase investment in proportion to salary.
    • Invest regularly.
    • Select right kind of asset class.
    • Monitor your investment regularly.
    Disha
  • 26.
    • Financial Planning pyramid .
    Disha
  • 27.
    • If you feel
    • We can do this for you.
    Disha
  • 28.
    • Join the movement towards financial wisdom.
    • Ashish Ramesh Bhave
    • Cell : 08793107044
    • [email_address]
    Disha
  • 29.
    • Respect your hard earned Money & make it work for you.
    Disha

×