Disha a financial wisdom


Published on

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Disha a financial wisdom

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