This document discusses the importance of financial planning and protection. It recommends having an emergency fund equal to 6 months of fixed living expenses. It also stresses the importance of health insurance for the entire family as well as life insurance for breadwinners. The document provides tips for wealth accumulation through asset allocation and preservation through tax planning and retirement planning. It addresses the need for succession planning through wills and estate planning to distribute assets smoothly.

1. For your Financial Peace & Prosperity

2. Disclaimer
 We are not here to sell or promote any particular Financial Product.
 We are not here to advertise any particular Company or it’s Product.
 Any discussion or comment on any company or product will be
professional & nothing personal, paid or promotional.
 Every content of this presentation will solely for Educational
Purpose.
 We respect every person working as either Insurance Agent, Mutual
Fund Distributor or any other, who doesn’t mislead his/her client for
commission.
 We promise & practice Fiduciary & discretion in relation with our
client.

3. Halosis Team
Vipul Gupta M.B.A (Finance) Subodh Bansal CFGP

4. Personal Financial Planning
1. What is Finance?
2. Why is it so Personal?
3. Why does it need Planning?

7. Financial Planning
Pyramid

13. Financial Protection

14. Protection of whatever you own:
 Needs of the family
 Health / Body
 Life
 Assets:
 Home
 Factory, Office, Shop
 Car, Bike, other vehicles
 Jewellery or Other Tangible Assets
 Liabilities
 Loans (Home, Personal, Business, Vehicle or Education)

15. Important Insurances one should have

16. “Nothing helps you sleep
better at night than knowing
you have money tucked
away for an emergency.”

17. Emergency Fund
Fixed Monthly Living Expenses x 6
• Kitchen/Household Expenses
• Tuition Fees
• Medical Expenses
• Electricity / Water Expenses
• Rent / EMI
Where to keep this Emergency Fund?
Cash, Joint Savings A/c, FD, Liquid Funds or
Any place from where liquidating it takes NOT
more than 10-12 minutes.

18. Health Insurance
Health Insurance is a way to ensure you and your family get the best
medical care without you worrying about the cost, which is borne by
the Insurance Company.
Every Member of the family should be covered.
Either 91 days old or 92 years old.
Cover of Insurance depends over the lifestyle of the family.
Divide the cover.
Base + Top Up

19. Life Insurance
Life insurance financially protects the dependents in case insured
person’s death.
Only the Bread-earners of the family should be Insured.
Sum Insured =
(Annual Expenses x 25)
+ Outstanding Loan Amount

20. Liability Insurance
Liability insurance - like car insurance, home insurance etc.
In case of any damage to the insured object the insurance company
will financially compensate the owner of the policyholder.
Every costly item/object should be insurance, loss of which
may disturb your peace of mind.

24. 5 Questions to ask yourself:
 What are my Financial Goals?
 What is my Current Net Worth?
 How much amount do I expect to achieve for my
financial goals?
 What amount of Risk can I take?
 What Investment options are suitable for me?

25. 4 Assets that help you
Accumulate Wealth

26. Wealth Preservation

28. Wealth preservation means the
Capital/Asset does not lose value.
Asset Allocation/Diversification.
Rebalancing - (Equity-Debt Ratio).
Tax Planning.
Retirement Planning.

29. Wealth Distribution

30. Succession Planning
Estate Planning
Will

31. Myths about Wills & Estate planning
Don’t have much assets to bequeath
I have nominations in place!
Very small & united family
Will writing is complex and complicated
Might upset my loved ones if I talk of writing my Will.
I still have time.
If I write my Will something will happen to me!

32. Types of Assets:
Physical Assets: Land/Building/Vehicles etc.
Financial Assets: Bank Balance, Shares, Bonds, MFs
Digital Assets: Mobile, emails, online a/cs etc.
Intangible Assets: Network, goodwill etc.

33. Will
Letter of Guardianship
Springing Durable Financial POA
Living Will or Advanced Health Care POA

34. Hierarchy of Guardianship under Hindu Law
Natural Guardians
Testamentary guardians
Guardians appointed or declared by the
court.

35. Common
mistakes to
avoid on road
to achieving
financial
wellness
Waiting too long to pursue your financial goals
Neglecting to maintain a contingency fund
Lack of or insufficient insurance coverage
Not looking beyond traditional investment options
Buying investment products from friends or relatives
Confusing insurance with investment
Not factoring in inflation while doing financial planning
Failing to rebalance the portfolio
Overusing Credit Cards
Living on Borrowed Money