SlideShare a Scribd company logo
1 of 47
Future Planning by maXpertz - Get the Money  Avenues Expertise
Agenda… Insights on Cost of Living. Financial planning. Seven habits of highly ineffective investors. Seven reasons why you need a financial planning coach.
Future planning: A perspective
[object Object]
Can I optimize it?Future planning fundamentals
Outside factors impacting our planning
Cost of Living will be key
Some insights on Cost of Living…
You start your day with a great break fast… Can you guess what a simple idly vada break fast will cost you after 20 years?
It’s going to cost Rs 990 after 20 years…!!!
Imagine you are currently spending Rs 25,000 every  month towards your monthly expenses on essentials….. Can you guess what could that be after 20 years?
It’s going to cost Rs 2.42 lacs after 20 years…!!!
Imagine you were to spend Rs. 7.5 lacs towards professional education now for your kid.. Can you guess what could that be after 15 years?
It’s going to cost Rs 61 lacs after 15 years…!!!
Imagine if you were to spend Rs. 15 lacs towards foreign education for your kid now.. Can you guess what could that be after 15 years?
It’s going to cost Rs 1.23 Crores after 15 years…!!!
Imagine if you were to retire now and have Rs. 25 lacs for your retirement life.. Can you guess what could that be after 20 years?
You would need Rs 4.10 Crores after 20 years…!!!
Rising cost of living* in our day to  day life… Rate of inflation for the essentials assumed at 12% PA. These prices provide an indicative view of the future. The future costs can be impacted by the demand/supply factor  which can potentially push up the prices of the essentials like the current onionomania.
Which way is the balance tilting?
maXpertz- Pyramid of Life priorities
How much cover is a good cover?
Taking cover: Earlier the better…
Financial planning process
Goals – Few examples
Objectives – Few examples
Product categories – Few examples
Seven habits of highly ineffective investors… 1. Keeping all your money in the bank account which earns very low interest…
Seven habits of highly ineffective investors… 2. Assuming one to be old or too young to plan the investments…
Seven habits of highly ineffective investors… 3. Great to be busy @ work.. But that being a reason to avoid personal financial planning.
Seven habits of highly ineffective investors… 4. Postponing the financial planning for tomorrow.
Seven habits of highly ineffective investors… 5. Treating personal financial planning as a boring exercise
Seven habits of highly ineffective investors… 6. Not saving a regular amount on your monthly earnings…
Seven habits of highly ineffective investors… 7. Not having adequate insurance cover for self and the family…
   How do you go forward?
You got to have a financial planning coach…
7 compelling reasons why you need a financial planning coach……
1. To put your financial house in order…
2. You are busy which leaves no time for financial planning…
3. In a dynamic world a financial planning coach is a must…
4. Your money should work  as hard as you work for that money…
5. For one stop investment solutions…
6. Assist you in setting financial goals…
7. Millionaire or not. A financial planning coach is a must for any one who has financial goals…
Self questionnaire… ,[object Object]
Am I saving enough?
Am I deploying the saved money in the best investment options?

More Related Content

What's hot

Systematic investment plan (plan for the future)
Systematic investment plan (plan for the future)Systematic investment plan (plan for the future)
Systematic investment plan (plan for the future)Ventura Securities Ltd.
 
Planning for retirement
Planning for retirementPlanning for retirement
Planning for retirementPolicyBoss
 
Id authentic materials-t-f-ns-qs_ll1
Id authentic materials-t-f-ns-qs_ll1Id authentic materials-t-f-ns-qs_ll1
Id authentic materials-t-f-ns-qs_ll1Lai Wah CHEONG
 
InvestmentYogi Retirement planning for different ages
InvestmentYogi Retirement planning for different agesInvestmentYogi Retirement planning for different ages
InvestmentYogi Retirement planning for different agesramanakvr3
 
Unit 1: Part A - Financial Planning
Unit 1: Part A - Financial PlanningUnit 1: Part A - Financial Planning
Unit 1: Part A - Financial Planningcelsesser
 
Zilele biz 2012 sachar shaine
Zilele biz 2012 sachar shaineZilele biz 2012 sachar shaine
Zilele biz 2012 sachar shaineRevistaBiz
 
Plan In Advance For A Peaceful Retired Life
Plan In Advance For A Peaceful Retired LifePlan In Advance For A Peaceful Retired Life
Plan In Advance For A Peaceful Retired LifePooja Bhambhani
 
Financial management
Financial managementFinancial management
Financial managementHaotian Gong
 
Millen Capital Brochure
Millen Capital BrochureMillen Capital Brochure
Millen Capital BrochureAngus Millen
 
Money and tasks
Money and tasksMoney and tasks
Money and tasksSchool
 
Holistic Financial Planning for Entrepreneurs
Holistic Financial Planning for EntrepreneursHolistic Financial Planning for Entrepreneurs
Holistic Financial Planning for EntrepreneursJanice Payoyo
 
Millen Capital_Brochure
Millen Capital_BrochureMillen Capital_Brochure
Millen Capital_BrochureAngus Millen
 
Importance of Saving
Importance of SavingImportance of Saving
Importance of Savingraghavmunshi
 

What's hot (20)

Systematic investment plan (plan for the future)
Systematic investment plan (plan for the future)Systematic investment plan (plan for the future)
Systematic investment plan (plan for the future)
 
Mantras for investment
Mantras for investmentMantras for investment
Mantras for investment
 
Planning for retirement
Planning for retirementPlanning for retirement
Planning for retirement
 
Retirement planning early retirement planning
Retirement planning early retirement planningRetirement planning early retirement planning
Retirement planning early retirement planning
 
Id authentic materials-t-f-ns-qs_ll1
Id authentic materials-t-f-ns-qs_ll1Id authentic materials-t-f-ns-qs_ll1
Id authentic materials-t-f-ns-qs_ll1
 
InvestmentYogi Retirement planning for different ages
InvestmentYogi Retirement planning for different agesInvestmentYogi Retirement planning for different ages
InvestmentYogi Retirement planning for different ages
 
Unit 1: Part A - Financial Planning
Unit 1: Part A - Financial PlanningUnit 1: Part A - Financial Planning
Unit 1: Part A - Financial Planning
 
Zilele biz 2012 sachar shaine
Zilele biz 2012 sachar shaineZilele biz 2012 sachar shaine
Zilele biz 2012 sachar shaine
 
Plan In Advance For A Peaceful Retired Life
Plan In Advance For A Peaceful Retired LifePlan In Advance For A Peaceful Retired Life
Plan In Advance For A Peaceful Retired Life
 
Financial management
Financial managementFinancial management
Financial management
 
Financial planning
Financial planningFinancial planning
Financial planning
 
Millen Capital Brochure
Millen Capital BrochureMillen Capital Brochure
Millen Capital Brochure
 
Money and tasks
Money and tasksMoney and tasks
Money and tasks
 
Holistic Financial Planning for Entrepreneurs
Holistic Financial Planning for EntrepreneursHolistic Financial Planning for Entrepreneurs
Holistic Financial Planning for Entrepreneurs
 
Financial success
Financial successFinancial success
Financial success
 
Millen Capital_Brochure
Millen Capital_BrochureMillen Capital_Brochure
Millen Capital_Brochure
 
Why people fail to become financially successful.
Why people fail to become financially successful.Why people fail to become financially successful.
Why people fail to become financially successful.
 
Importance of Saving
Importance of SavingImportance of Saving
Importance of Saving
 
Solution to financial mismanagement
Solution to financial mismanagementSolution to financial mismanagement
Solution to financial mismanagement
 
Credit card UAE
Credit card UAECredit card UAE
Credit card UAE
 

Viewers also liked (14)

Bv
BvBv
Bv
 
Transition Plan Lesson Plans
Transition Plan Lesson PlansTransition Plan Lesson Plans
Transition Plan Lesson Plans
 
Individual Pathway Plans (IPPs)
Individual Pathway Plans (IPPs)Individual Pathway Plans (IPPs)
Individual Pathway Plans (IPPs)
 
Creating An Individualized Transition Plan
Creating An Individualized Transition PlanCreating An Individualized Transition Plan
Creating An Individualized Transition Plan
 
My Pathway Plan
My Pathway PlanMy Pathway Plan
My Pathway Plan
 
Mf sc
Mf scMf sc
Mf sc
 
Financial planning & tax planning
Financial planning & tax planningFinancial planning & tax planning
Financial planning & tax planning
 
Tax saving
Tax savingTax saving
Tax saving
 
Mid cap
Mid capMid cap
Mid cap
 
Ran
RanRan
Ran
 
Wealth Creation Toool
Wealth Creation TooolWealth Creation Toool
Wealth Creation Toool
 
FMCG Pharma Sectors
FMCG Pharma SectorsFMCG Pharma Sectors
FMCG Pharma Sectors
 
Achieving success with personal growth plan
Achieving success with personal growth planAchieving success with personal growth plan
Achieving success with personal growth plan
 
Ga orientation
Ga orientationGa orientation
Ga orientation
 

Similar to Financial planning

Avoid Dreadful Mistakes While Investing in Mutual Funds
Avoid Dreadful Mistakes While Investing in Mutual FundsAvoid Dreadful Mistakes While Investing in Mutual Funds
Avoid Dreadful Mistakes While Investing in Mutual FundsInvestmentz
 
Capital letter SEP'11 - Fundsindia
Capital letter SEP'11 - FundsindiaCapital letter SEP'11 - Fundsindia
Capital letter SEP'11 - FundsindiaFundsIndia.com
 
financial freedom power point presentation.pptx
financial freedom power point presentation.pptxfinancial freedom power point presentation.pptx
financial freedom power point presentation.pptxombansode8
 
Financial Life Planning for you
Financial Life Planning for youFinancial Life Planning for you
Financial Life Planning for youYogita Dand
 
Fin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEALFin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEALDEAL Training Solutions
 
16 personal finance principles every investor should know sample chapter
16 personal finance principles every investor should know sample chapter16 personal finance principles every investor should know sample chapter
16 personal finance principles every investor should know sample chapterJagoinvestor
 
6 mindsets that can help new graduates develop saving habits 1.2
6 mindsets that can help new graduates develop saving habits 1.26 mindsets that can help new graduates develop saving habits 1.2
6 mindsets that can help new graduates develop saving habits 1.2National Debt Relief
 
HDFC MF - 'Plan Your Child's Education'
HDFC MF -  'Plan Your Child's Education' HDFC MF -  'Plan Your Child's Education'
HDFC MF - 'Plan Your Child's Education' Marwah Financial®
 
Financial planning seminar(updated)
Financial planning seminar(updated)Financial planning seminar(updated)
Financial planning seminar(updated)FinVise India
 
11 Tips for Financial Success
11 Tips for Financial Success11 Tips for Financial Success
11 Tips for Financial SuccessJohn Bradshaw
 
10 reasons why you need a financial advisor for invesment success
10 reasons why you need a financial advisor for invesment success10 reasons why you need a financial advisor for invesment success
10 reasons why you need a financial advisor for invesment successMarwah Financial®
 
Grow your small savings to one crore
Grow your small savings to one croreGrow your small savings to one crore
Grow your small savings to one croreArnab Sen
 
Vsn financial june21-newsletter
Vsn financial june21-newsletterVsn financial june21-newsletter
Vsn financial june21-newsletterbhaveshgarg
 
Financial planning seminar(updated)
Financial planning seminar(updated)Financial planning seminar(updated)
Financial planning seminar(updated)FinVise India
 

Similar to Financial planning (20)

Avoid Dreadful Mistakes While Investing in Mutual Funds
Avoid Dreadful Mistakes While Investing in Mutual FundsAvoid Dreadful Mistakes While Investing in Mutual Funds
Avoid Dreadful Mistakes While Investing in Mutual Funds
 
Financial planning 2015
Financial planning 2015Financial planning 2015
Financial planning 2015
 
Be a Millionaire!!!
Be a Millionaire!!!Be a Millionaire!!!
Be a Millionaire!!!
 
Capital letter SEP'11 - Fundsindia
Capital letter SEP'11 - FundsindiaCapital letter SEP'11 - Fundsindia
Capital letter SEP'11 - Fundsindia
 
financial freedom power point presentation.pptx
financial freedom power point presentation.pptxfinancial freedom power point presentation.pptx
financial freedom power point presentation.pptx
 
Dash
DashDash
Dash
 
Financial Life Planning for you
Financial Life Planning for youFinancial Life Planning for you
Financial Life Planning for you
 
ACHIEVE YOUR DREAMS
ACHIEVE YOUR DREAMSACHIEVE YOUR DREAMS
ACHIEVE YOUR DREAMS
 
Fin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEALFin win Financing Your Dreams - Gyaandeep - DEAL
Fin win Financing Your Dreams - Gyaandeep - DEAL
 
16 personal finance principles every investor should know sample chapter
16 personal finance principles every investor should know sample chapter16 personal finance principles every investor should know sample chapter
16 personal finance principles every investor should know sample chapter
 
Financial planning
Financial planningFinancial planning
Financial planning
 
cfp-e book (1)
cfp-e book (1)cfp-e book (1)
cfp-e book (1)
 
6 mindsets that can help new graduates develop saving habits 1.2
6 mindsets that can help new graduates develop saving habits 1.26 mindsets that can help new graduates develop saving habits 1.2
6 mindsets that can help new graduates develop saving habits 1.2
 
HDFC MF - 'Plan Your Child's Education'
HDFC MF -  'Plan Your Child's Education' HDFC MF -  'Plan Your Child's Education'
HDFC MF - 'Plan Your Child's Education'
 
Financial planning seminar(updated)
Financial planning seminar(updated)Financial planning seminar(updated)
Financial planning seminar(updated)
 
11 Tips for Financial Success
11 Tips for Financial Success11 Tips for Financial Success
11 Tips for Financial Success
 
10 reasons why you need a financial advisor for invesment success
10 reasons why you need a financial advisor for invesment success10 reasons why you need a financial advisor for invesment success
10 reasons why you need a financial advisor for invesment success
 
Grow your small savings to one crore
Grow your small savings to one croreGrow your small savings to one crore
Grow your small savings to one crore
 
Vsn financial june21-newsletter
Vsn financial june21-newsletterVsn financial june21-newsletter
Vsn financial june21-newsletter
 
Financial planning seminar(updated)
Financial planning seminar(updated)Financial planning seminar(updated)
Financial planning seminar(updated)
 

Financial planning