A self guide towards financial planning. We ourselves can manage our finances, so here comes phase-1 describing about few topics. Stay tuned for the remaining topics in phase-2.
3. 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’s
sentiments, financial policies or any other term/field of
financial sector. Unconditional apologies.
Financial Planning
4. Sorry, but initially i want you to
think a little…..
Things will be easier later on,
Financial Planning
15. If you take Financial Planning as:
• Centralized with money,
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
16. If you take Financial Planning as:
• Centralized with money,
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
17. If you take Financial Planning as:
• Centralized with money,
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
18. If you take Financial Planning as:
• Centralized with money,
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
19. If you take Financial Planning as:
• Centralized with money,
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
20. If you take Financial Planning as:
• Centralized with money,
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
21. If you take Financial Planning as:
• Centralized with money,
EXCEPT THIS
• Practical Decision System,
• Emotionless Decision Making Power and,
• Quick Money Making System
Financial Planning
22. Chapter – 1 of 5
Ease Yourself
Let’s Build a Thought Process Now…
Financial Planning
23. Few Terms First….. (Slide 1/2)
Surrender Value (term 1/3): It is the worth of Life Insurance Policy
at a given point of time. It is the amount you get
when 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 want
to give premiums, then make it a paid up policy. It can
be done only if you filled some previous premiums.
Financial Planning
24. Few Terms First….. (Slide 2/2)
Bonus (term 3/3): Many traditional policies announce yearly bonus
which keeps on accumulating and given to you at the
end of maturity.
Financial Planning
25. 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
26. 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
27. 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
28. 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
29. 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
30. 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
31. 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
32. 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
33. 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
34. 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
35. 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
36. 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
37. 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
38. 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
39. 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
40. 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
41. 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
42. 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
43. 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
44. 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
45. 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
46. 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
47. 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
48. Repeat With Me…..
Dump The Small Policies
+
Take Term Insurance Plans
+
Use Fixed Deposits
Financial Planning
49. Repeat With Me…..
Dump The Small Policies
+
Take Term Insurance Plans
+
Use Fixed Deposits
Financial Planning
50. Repeat With Me…..
Dump The Small Policies
+
Take Term Insurance Plans
+
Use Fixed Deposits
Financial Planning
52. Life Insurance + Term Policy
(What’s the Big Deal?)
Financial Planning
53. Life Insurance + Term Policy
(What’s the Big Deal?)
Let’s bring an example here:
Financial Planning
54. 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
55. 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
56. 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
57. 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
58. 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
59. 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
60. 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
61. 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
62. 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
63. 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
64. 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
66. 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
67. Chapter - 2 of 5
investments
Never Ever Gives QUICK MONEY !
Financial Planning
86. 2 Categories for People in here:
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
1. Serious investors searching wealth
2. Investors searching QUICK GAINS
Optimize Credit Cards
Optimize other investments
Financial Planning
87. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
88. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
89. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
90. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
91. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
92. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
93. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
94. Serious investors searching wealth
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
95. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
96. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
97. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
98. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
99. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
100. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
101. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
102. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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:
LUCK
As
TALENT
Financial Planning
103. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
• Brokers take advantage of such people
Optimize Bank Accounts
Optimize ULIPs
WHAT TO DO NOW ?
Optimize Credit Cards
Optimize other investments
Financial Planning
104. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
• Brokers take advantage of such people
Optimize Bank Accounts
Optimize ULIPs
WHAT TO DO NOW ?
Optimize Credit Cards
Optimize other investments
Financial Planning
105. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Get rid of STOCKS asap
Dying to play stocks?
Invest in mutual funds
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
Financial Planning
106. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Get rid of STOCKS asap
Dying to play stocks?
Invest in mutual funds
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
Financial Planning
107. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Get rid of STOCKS asap
Dying to play stocks?
Invest in mutual funds
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
Financial Planning
108. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Get rid of STOCKS asap
Dying to play stocks?
Invest in mutual funds
WHY GET RID ?
Optimize Credit Cards
Optimize other investments
Financial Planning
109. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Get rid of STOCKS asap
Dying to play stocks?
Invest in mutual funds
What’s the Problem ?
Optimize Credit Cards
Optimize other investments
Financial Planning
110. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
i don’t have any problem…..
You have 2:
Your money is locked in there
o Use it in other parts of life
Optimize Credit Cards
Optimize other investments
You think a lot about those stocks
o It consumes you precious time
Financial Planning
111. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
i don’t have any problem…..
You have 2:
Your money is locked in there
o Use it in other parts of life
Optimize Credit Cards
Optimize other investments
You think a lot about those stocks
o It consumes you precious time
Financial Planning
112. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
i don’t have any problem…..
You have 2:
Your money is locked in there
o Use it in other parts of life
Optimize Credit Cards
Optimize other investments
You think a lot about those stocks
o It consumes you precious time
Financial Planning
113. Investors searching QUICK GAINS
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
i don’t have any problem…..
You have 2:
Your money is locked in there
o Use it in other parts of life
Optimize Credit Cards
Optimize other investments
You think a lot about those stocks
o It consumes you precious time
Financial Planning
116. Optimize Stocks
Optimize Mutual Funds
a MYTH lives here also…..
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
Financial Planning
117. Many Investors Feel That:
Optimize Stocks
Optimize Mutual Funds
• More mutual funds they invest in,
• The better it is…..
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
What’s the TRUTH?
• Mutual funds aren’t like:
o Stamp collection, or
o Coin Collection
o More is not always better…..
Financial Planning
118. Many Investors Feel That:
Optimize Stocks
Optimize Mutual Funds
• More mutual funds they invest in,
• The better it is…..
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
What’s the TRUTH?
• Mutual funds aren’t like:
o Stamp collection, or
o Coin Collection
o More is not always better…..
Financial Planning
119. Many Investors Feel That:
Optimize Stocks
Optimize Mutual Funds
• More mutual funds they invest in,
• The better it is…..
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
What’s the TRUTH?
• Mutual funds aren’t like:
o Stamp collection, or
o Coin Collection
o More is not always better…..
Financial Planning
120. Many Investors Feel That:
Optimize Stocks
Optimize Mutual Funds
• More mutual funds they invest in,
• The better it is…..
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
What’s the TRUTH?
• Mutual funds aren’t like:
o Stamp collection, or
o Coin Collection
o More is not always better…..
Financial Planning
121. Many Investors Feel That:
Optimize Stocks
Optimize Mutual Funds
• More mutual funds they invest in,
• The better it is…..
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
What’s the TRUTH?
• Mutual funds aren’t like:
o Stamp collection, or
o Coin Collection
o More is not always better…..
Financial Planning
122. Optimize Stocks
Optimize Mutual Funds
What Matters in Mutual Funds ?
• The allocation in different stocks
• Their quality
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Already invested in same kinds of stocks?
WHAT TO DO NOW ?
Optimize other investments
Financial Planning
123. Optimize Stocks
Optimize Mutual Funds
What Matters in Mutual Funds ?
• The allocation in different stocks
• Their quality
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Already invested in same kinds of stocks?
WHAT TO DO NOW ?
Optimize other investments
Financial Planning
124. Optimize Stocks
Optimize Mutual Funds
What Matters in Mutual Funds ?
• The allocation in different stocks
• Their quality
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Already invested in same kinds of stocks?
WHAT TO DO NOW ?
Optimize other investments
Financial Planning
125. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Just 2 steps for now:
• SHUT all the current Mutual Funds
Optimize ULIPs
AND
Optimize Credit Cards
Optimize other investments
Financial Planning
126. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Just 2 steps for now:
• SHUT all the current Mutual Funds
Optimize ULIPs
AND
Optimize Credit Cards
Optimize other investments
Financial Planning
127. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Just 2 steps for now:
• SHUT all the current Mutual Funds
Optimize ULIPs
Optimize Credit Cards
AND
Optimize other investments
Financial Planning
128. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Just 2 steps for now:
• SHUT all the current Mutual Funds
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
AND
Financial Planning
129. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Just 2 steps for now:
• SHUT all the current Mutual Funds
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
AND
Financial Planning
130. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Restart
Optimize Credit Cards
Optimize other investments
Financial Planning
132. Optimize Stocks
Again comes the COUNT…..
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
Financial Planning
133. Optimize Stocks
Optimize Mutual Funds
• Lesser the bank accounts,
Optimize Bank Accounts
• Lesser the number of fixed deposits,
Optimize ULIPs
Optimize Credit Cards
• THE BETTER
Optimize other investments
Financial Planning
134. Optimize Stocks
Optimize Mutual Funds
• Lesser the bank accounts,
Optimize Bank Accounts
• Lesser the number of fixed deposits,
Optimize ULIPs
Optimize Credit Cards
• THE BETTER
Optimize other investments
Financial Planning
135. Optimize Stocks
Optimize Mutual Funds
• Lesser the bank accounts,
Optimize Bank Accounts
• Lesser the number of fixed deposits,
Optimize ULIPs
Optimize Credit Cards
• THE BETTER
Optimize other investments
Financial Planning
137. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
HOW BETTER ?
Optimize Credit Cards
Optimize other investments
Financial Planning
138. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
139. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
140. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
141. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
142. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
143. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
144. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
145. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
146. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
147. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• One Joint account
o For family
• One Personal Account
o For salary transfers from company
AND
Financial Planning
148. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• One Joint account
o For family
• One Personal Account
o For salary transfers from company
AND
Financial Planning
149. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• One Joint account
o For family
• One Personal Account
o For salary transfers from company
AND
Financial Planning
150. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• One Joint account
o For family
• One Personal Account
o For salary transfers from company
AND
Financial Planning
151. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• One Joint account
o For family
• One Personal Account
o For salary transfers from company
AND
Financial Planning
152. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• One Joint account
o For family
• One Personal Account
o For salary transfers from company
AND
Financial Planning
153. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
THAT’s ALL !
All your money can fit into this…..
Optimize Credit Cards
Optimize other investments
Financial Planning
155. Optimize Stocks
WHAT ARE ULIPs?
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
ULIPs are Unit Linked Plans.
Optimize Credit Cards
Optimize other investments
Financial Planning
156. Optimize Stocks
WHAT ARE ULIPs?
Optimize Mutual Funds
Optimize Bank Accounts
ULIPs are Unit Linked Plans.
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
Financial Planning
157. Optimize Stocks
WHAT ARE ULIPs?
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
WHAT ?
Optimize Credit Cards
Optimize other investments
Financial Planning
158. Optimize Stocks
WHAT ARE ULIPs?
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
That’s It?
Optimize Credit Cards
Optimize other investments
Financial Planning
159. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 in
STOCK MARKETS
Financial Planning
160. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 in
STOCK MARKETS
Financial Planning
161. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 in
STOCK MARKETS
Financial Planning
162. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 in
STOCK MARKETS
Financial Planning
163. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 in
STOCK MARKETS
Financial Planning
164. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
165. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
166. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
167. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
168. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
169. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
170. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
171. Optimize Stocks
WHAT ARE ULIPs?
In short,
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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…..
Financial Planning
172. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
173. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
174. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
175. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
176. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
177. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
178. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
179. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
180. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
181. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
182. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Top Selling Points of ULIPs:
Selling Point -2/3:
• Additional benefit of Life Insurance
• It is FREE!
• Mortality charges are reduced each
year
Optimize other investments
Financial Planning
183. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Top Selling Points of ULIPs:
Selling Point -2/3:
• Additional benefit of Life Insurance
• It is FREE!
• Mortality charges are reduced each
year
Optimize other investments
Financial Planning
184. Years 2004-2007
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Top Selling Points of ULIPs:
Selling Point -2/3:
• Additional benefit of Life Insurance
• It is FREE!
• Mortality charges are reduced each
year
Optimize other investments
Financial Planning
185. Years 2004-2007
Optimize Stocks
Top Selling Points of ULIPs:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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.
Financial Planning
186. Years 2004-2007
Optimize Stocks
Top Selling Points of ULIPs:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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.
Financial Planning
187. Years 2004-2007
Optimize Stocks
Top Selling Points of ULIPs:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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.
Financial Planning
188. Years 2004-2007
Optimize Stocks
Top Selling Points of ULIPs:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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.
Financial Planning
189. Years 2004-2007
Optimize Stocks
Top Selling Points of ULIPs:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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.
Financial Planning
190. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
191. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
192. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
193. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
194. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
195. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
196. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
197. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
198. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
199. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
• 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
Financial Planning
200. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
201. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
202. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
203. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
204. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
207. Optimize Stocks
Let’s Deal with CHARMS first…..
Optimize ULIPs
• 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
Optimize Credit Cards
•BEST CHARM IS:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize other investments
DOUBLE EDGED SWORDS !!!
Financial Planning
208. Optimize Stocks
Let’s Deal with CHARMS first…..
Optimize ULIPs
• 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
Optimize Credit Cards
•BEST CHARM IS:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize other investments
DOUBLE EDGED SWORDS !!!
Financial Planning
209. Optimize Stocks
Let’s Deal with CHARMS first…..
Optimize ULIPs
• 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
Optimize Credit Cards
•BEST CHARM IS:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize other investments
DOUBLE EDGED SWORDS !!!
Financial Planning
210. Optimize Stocks
Let’s Deal with CHARMS first…..
Optimize ULIPs
• 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
Optimize Credit Cards
•BEST CHARM IS:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize other investments
DOUBLE EDGED SWORDS !!!
Financial Planning
211. Optimize Stocks
Let’s Deal with CHARMS first…..
Optimize ULIPs
• 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
Optimize Credit Cards
•BEST CHARM IS:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize other investments
DOUBLE EDGED SWORDS !!!
Financial Planning
212. Optimize Stocks
Let’s Deal with CHARMS first…..
Optimize ULIPs
• 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
Optimize Credit Cards
•BEST CHARM IS:
Optimize Mutual Funds
Optimize Bank Accounts
Optimize other investments
DOUBLE EDGED SWORDS !!!
Financial Planning
213. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 !!!
Financial Planning
214. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 !!!
Financial Planning
215. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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 !!!
Financial Planning
216. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Credit Cards You Ask ?
Bad Habit!
Optimize Credit Cards
Optimize other investments
Financial Planning
217. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Credit Cards You Ask ?
Bad Habit!
Optimize Credit Cards
Optimize other investments
Financial Planning
218. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• 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 other investments
Financial Planning
219. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• 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 other investments
Financial Planning
220. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• 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 other investments
Financial Planning
221. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• 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 other investments
Financial Planning
222. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• 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 other investments
Financial Planning
223. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• 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 other investments
Financial Planning
224. Optimize Stocks
Myth of Minimum Payment
Optimize Mutual Funds
What most people understand it is:
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• A favor from Credit Card company
• Pay minimum balance per month
• And, keep increase the debt on credit card
Optimize other investments
Financial Planning
225. Optimize Stocks
Myth of Minimum Payment
Optimize Mutual Funds
What most people understand it is:
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• A favor from Credit Card company
• Pay minimum balance per month
• And, keep increase the debt on credit card
Optimize other investments
Financial Planning
226. Optimize Stocks
Myth of Minimum Payment
Optimize Mutual Funds
What most people understand it is:
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• A favor from Credit Card company
• Pay minimum balance per month
• And, keep increase the debt on credit card
Optimize other investments
Financial Planning
227. Optimize Stocks
Myth of Minimum Payment
Optimize Mutual Funds
What most people understand it is:
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• A favor from Credit Card company
• Pay minimum balance per month
• And, keep increase the debt on credit card
Optimize other investments
Financial Planning
228. Optimize Stocks
Myth of Minimum Payment
Optimize Mutual Funds
What most people understand it is:
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
• A favor from Credit Card company
• Pay minimum balance per month
• And, keep increase the debt on credit card
Optimize other investments
Financial Planning
229. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
230. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
231. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
232. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
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 other investments
Financial Planning
233. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
An Example ?
Okay.
Optimize Credit Cards
Optimize other investments
Financial Planning
234. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Credit Card Bill:
Rs. 20,000
Minimum Payment: Rs. 1,000
We can do 3 things in this case…..
Optimize Credit Cards
Optimize other investments
Financial Planning
235. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
236. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
237. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
238. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
239. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
240. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
241. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
242. 1. Make the full payment of Rs. 20,000
Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
Financial Planning
243. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
244. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
245. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
246. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
247. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
248. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
249. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
250. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
251. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
WHAT TO DO ?
• Keep very few credit cards
• Control the spending behavior
• Understand credit limits
• 6 cards Rs. 20,000 each = Limit of Rs. 1,20,000
Or say,
• 2 cards Rs. 60,000 each = Limit of Rs. 1,20,000
• Choice is yours, Always.
Financial Planning
254. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
255. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
256. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
257. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
258. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
259. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
260. Optimize Stocks
Optimize Mutual Funds
Optimize Bank Accounts
Optimize ULIPs
Optimize Credit Cards
Optimize other investments
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
261. Chapter – 3 of 5
Health Insurance
A Money Backup for Your Health Problems
Financial Planning
262. It provides medical money
You don’t need to break other investments
Your bank balance remains safe
Financial Planning
263. Repayment Based Policies & Lump Sum Benefits
• Return the actual money
• Upto a limit only
• Like,
o Room charges
o Surgeon
o Oxygen
o Blood
o Operation Theatre
• Return a certain amount only
• Actual spent money doesn’t matter
• Like,
o Per day amount of
hospitalization
o Heart attack
o Kidney failure
o Bypass surgery, etc.
Financial Planning
264. Repayment Based Policies & Lump Sum Benefits
• Return the actual money
• Upto a limit only
• Like,
o Room charges
o Surgeon
o Oxygen
o Blood
o Operation Theatre
• Return a certain amount only
• Actual spent money doesn’t matter
• Like,
o Per day amount of
hospitalization
o Heart attack
o Kidney failure
o Bypass surgery, etc.
Financial Planning
265. Repayment Based Policies & Lump Sum Benefits
• Return the actual money
• Upto a limit only
• Like,
o Room charges
o Surgeon
o Oxygen
o Blood
o Operation Theatre
• Return a certain amount only
• Actual spent money doesn’t matter
• Like,
o Per day amount of
hospitalization
o Heart attack
o Kidney failure
o Bypass surgery, etc.
Financial Planning
266. Repayment Based Policies & Lump Sum Benefits
• Return the actual money
• Upto a limit only
• Like,
o Room charges
o Surgeon
o Oxygen
o Blood
o Operation Theatre
• Return a certain amount only
• Actual spent money doesn’t matter
• Like,
o Per day amount of
hospitalization
o Heart attack
o Kidney failure
o Bypass surgery, etc.
Financial Planning
267. Repayment Based Policies & Lump Sum Benefits
• Return the actual money
• Upto a limit only
• Like,
o Room charges
o Surgeon
o Oxygen
o Blood
o Operation Theatre
• Return a certain amount only
• Actual spent money doesn’t matter
• Like,
o Per day amount of
hospitalization
o Heart attack
o Kidney failure
o Bypass surgery, etc.
Financial Planning
268. Repayment Based Policies & Lump Sum Benefits
• Return the actual money
• Upto a limit only
• Like,
o Room charges
o Surgeon
o Oxygen
o Blood
o Operation Theatre
• Return a certain amount only
• Actual spent money doesn’t matter
• Like,
o Per day amount of
hospitalization
o Heart attack
o Kidney failure
o Bypass surgery, etc.
Financial Planning
269. Individual & Family Floaters
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
Financial Planning
270. Still, take a cover of your own.
“My Employer provides me health insurance.”
Feel the difference later.
Financial Planning
271. Still, take a cover of your own.
“My Employer provides me health insurance.”
Feel the difference later.
Financial Planning
272. Still, take a cover of your own.
“My Employer provides me health insurance.”
Feel the difference later.
Financial Planning
273. Chapter – 4 of 5
Emergency Funds
Wait! It’s an emergency…..
Financial Planning
274. Chapter – 4 of 5
Emergency Funds
Wait! It’s an emergency…..
Financial Planning
275. Chapter – 4 of 5
Emergency Funds
Wait! It’s an emergency…..
Financial Planning
276. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
277. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
278. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
279. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
280. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
281. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
282. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
283. What Kinda Emergencies ?
Debt Crisis ? May be.
Job Loss ? May be.
Hair Loss? No.
Someone close in emergency like, illness?
Others…..
Financial Planning
284. Brush any suitable title here…..
• 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 ?
Financial Planning
285. Brush any suitable title here…..
• 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 ?
Financial Planning
286. Brush any suitable title here…..
• 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 ?
Financial Planning
287. Brush any suitable title here…..
• 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 ?
Financial Planning
288. Brush any suitable title here…..
• 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 ?
Financial Planning
289. 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
290. 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
291. 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
292. 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
293. 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
295. Chapter – 5 of 5
Goal Planning
It’s about fulfilling our Monetary Dreams
Financial Planning
296. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
297. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
298. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
299. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
300. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
301. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
302. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
303. Two Types of Goals Are Here
Short 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
Long Term Goals
• Range beyond 5 years
• Includes Tasks Like,
Buying a new Home
World Tours
Becoming entrepreneur
Education of children
Financial Planning
304. Steps Solve the Task
Calculate future value
of the financial goals
Find, how much to invest
per month/year to achieve
the future value
Where to invest ?
Financial Planning
305. Steps Solve the Task
1
Calculate future value
of the financial goals
Financial Planning
306. Steps Solve the Task
1
Calculate future value
of the financial goals
2
Find, how much to invest
per month/year to achieve
the future value
Financial Planning
307. Steps Solve the Task
1
Calculate future value
of the financial goals
2
Find, how much to invest
per month/year to achieve
the future value
3
Where to invest ?
Financial Planning
308. Where to Invest ?
Risk Avoiders
Risk Takers
Short Term Goal
Long Term Goal
• 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