This PPT is on creating personal financial plan. Also ideas on creating wealth and also various avenues of investments. This ppt is based on investment options available in India
Planning is bringing the future into the present, so that you can do something about it now. Wise money management can take a lot of worry out of your life.
Know some amazing and important Financial planning tips.
Personal Financial planning & ManagementAshish Ongari
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.
Planning is bringing the future into the present, so that you can do something about it now. Wise money management can take a lot of worry out of your life.
Know some amazing and important Financial planning tips.
Personal Financial planning & ManagementAshish Ongari
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.
Financial planning is for everyone. If you're like most people, financial planning might seem very complicated and confusing, and you might not know where to start. However, here are some ideas to help you get started.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
This document is an attempt to create financial literacy among salaried professionals who have begun their professional career. The intent of the document is to emphasize financial planning and create awareness about various asset classes. The sample financial plan is also available in excel format for you to experiment your financial needs. If your are interested in the excel based plan, please send an email to me.
Should you need any clarification/help, just send an email.
Happy learning!
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This is a short e-book I wrote to help dispel some of the myths about financial planning and educate the public on what financial planning really is and what it can do and provide.
Why Retirement plan ( Things to remember while planning for retirement )Singharoy Investment
Retirement is the time when you would like to spend your days doing what you love — travel, live in the farm house, start a poultry farm, restaurant etc. However, I have come across many people who are not very comfortable about retirement thinking that their regular income will then become irregular.
Retirement is the time when you would like to spend your days doing what you love — travel, live in the farm house, start a poultry farm, restaurant etc. However, I have come across many people who are not very comfortable about retirement thinking that their regular income will then become irregular.
Starting early helps save more
It's good if you start planning your finances early – your financial commitments are likely to be fewer, and hence you can salt away more. Planning at the early years of your career also helps compound the corpus many times by the time you retire.
Things to remember while planning for retirement
1: Decide how much income you require to live comfortably in your post-retirement years. Consider aspects like increased medical costs, vacations but reduce costs like children's education and rent, if you own your home. You must map this income on basis of your current lifestyle.
2: Determine how much you need to save regularly, starting today, to have the right amount. Start allocating as much as you can towards your retirement kitty. In case you are currently not in a position to set apart the funds required, start with whatever is at your disposal.
3: Select the right retirement plan, which will help you meet your post-retirement requirements.
4: Start saving now! Then you will have time on your side and can enjoy the power of compounding.
5: Systematically invest a fixed amount every month for your post-retirement years and lead a tension free healthy retirement.
Not only is retirement planning an essential aspect of one's overall financial planning exercise but is also crucial to be commenced early in life. One must always remember that systematic and early retirement planning can help you reduce your financial burden incurred during the post retirement years and help you plan for a carefree and financially secured post retirement life today.
Financial planning is for everyone. If you're like most people, financial planning might seem very complicated and confusing, and you might not know where to start. However, here are some ideas to help you get started.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
This document is an attempt to create financial literacy among salaried professionals who have begun their professional career. The intent of the document is to emphasize financial planning and create awareness about various asset classes. The sample financial plan is also available in excel format for you to experiment your financial needs. If your are interested in the excel based plan, please send an email to me.
Should you need any clarification/help, just send an email.
Happy learning!
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This is a short e-book I wrote to help dispel some of the myths about financial planning and educate the public on what financial planning really is and what it can do and provide.
Why Retirement plan ( Things to remember while planning for retirement )Singharoy Investment
Retirement is the time when you would like to spend your days doing what you love — travel, live in the farm house, start a poultry farm, restaurant etc. However, I have come across many people who are not very comfortable about retirement thinking that their regular income will then become irregular.
Retirement is the time when you would like to spend your days doing what you love — travel, live in the farm house, start a poultry farm, restaurant etc. However, I have come across many people who are not very comfortable about retirement thinking that their regular income will then become irregular.
Starting early helps save more
It's good if you start planning your finances early – your financial commitments are likely to be fewer, and hence you can salt away more. Planning at the early years of your career also helps compound the corpus many times by the time you retire.
Things to remember while planning for retirement
1: Decide how much income you require to live comfortably in your post-retirement years. Consider aspects like increased medical costs, vacations but reduce costs like children's education and rent, if you own your home. You must map this income on basis of your current lifestyle.
2: Determine how much you need to save regularly, starting today, to have the right amount. Start allocating as much as you can towards your retirement kitty. In case you are currently not in a position to set apart the funds required, start with whatever is at your disposal.
3: Select the right retirement plan, which will help you meet your post-retirement requirements.
4: Start saving now! Then you will have time on your side and can enjoy the power of compounding.
5: Systematically invest a fixed amount every month for your post-retirement years and lead a tension free healthy retirement.
Not only is retirement planning an essential aspect of one's overall financial planning exercise but is also crucial to be commenced early in life. One must always remember that systematic and early retirement planning can help you reduce your financial burden incurred during the post retirement years and help you plan for a carefree and financially secured post retirement life today.
One of the reasons many of us are stressed is because of poor financial planning. We often give in to commercialism and debt, which, in turn, creates more problems than they solve. Of course, we all know that a stressed and problematic employee is not a good worker.
The Wallet Therapy is an effort to teach participant to manage all aspects of a person’s financial affairs. This begins with planning one’s spending (financial goals and budgets) and extends through to risk management (insurance), wealth accumulation and investing. This course provides participants practical tools for managing personal finances, in order to counteract the effect of media advertising that encourages debt and creates unrealistic financial expectations. Participants will be empowered with the necessary knowledge that will set them firmly on the path to financial independence.
a Presentation by Association of Bank Remittance Officers, Inc. (ABROI) at the BSP Regional Financial Literacy Campaign for OFWs in Cebu City, Philippines on February 28, 2006
Financial Planning is a long term process through which you can achieve your financial goals. We at Financial Hospital bring to you a presentation to help you understand the basics of having a healthy and planned financial future.
Investor awareness programs in Indian equity markets provide foundational knowledge, risk management strategies, and market insights. Participants learn about equity investments, risk assessment, and market analysis, empowering them to make informed decisions. Strategies such as diversification and ethical investing are emphasized, while technology is leveraged for efficient portfolio management. Continuous learning ensures investors stay updated on market trends. These programs foster a knowledgeable and resilient investor community, enhancing the integrity and efficiency of the market ecosystem. For more information Contact https://www.Rytvae.com
The IRS expects that more than 70% of taxpayers will receive a refund in 2017. 1 What you do with a tax refund is up to you, but here are some ideas that may make your refund twice as valuable.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
3. Why invest?
Most of us in private job with no job security
Inflation rate doesn’t match the increment rate
To have regular income after retirement
Taking care of children’s needs
Investments must, hence, be foremost in the
order of priority barring any financial emergency
4. Understanding cash flow
Preparing a Cash Flow statement of income and
expenses
Helps to focus or curtail unwanted expenses
“The secret to getting rich is to pay yourself first
(i.e., invest for your future), before you pay others
(utilities, shops, etc)” – Kiyosaki (author of Rich
Dad Poor Dad)
5. Example of a cash flow
statement
Total (savings) +Rs 10,000.00
6. Where to Invest?
Different avenues of investment
Stocks, mutual funds, government bonds, post
office schemes, bank fixed deposits, commodities,
gold, real estate, art, etc.
7. Inflation
Inflation is the rate at which the cost of goods and services rises
As inflation goes up, purchasing power decreases
Three years ago, you could have bought a three bedroom apartment
in a premium suburb of Mumbai for Rs 75 lakh; today, the same
amount will probably get you a one bedroom apartment in the same
locality
Inflation reduces the value of money
8. Impact of Inflation on financial goals
Over the years, you have to spend more in order
to maintain your standard of living
A management course that costs Rs 15 lakh today
will cost around Rs 41 lakh (at 7 per cent inflation),
15 years hence when your child is ready for it!
9. Real return
To fight inflation, invest in a product which gives
not just a higher rate of interest than inflation, but
also leaves with a substantial amount that
enables to meet the goals
Real return = stated return – Inflation
Investing in an investment product provides 10%
return then actual return is 3% (10 – 7)
If we consider 30% tax on return then the return is
almost nil
Consider investing in equities, real estate and
commodities which are insulated from inflation
10. Accelerate earnings: The concept of
reinvestment
Are you investing the interest earned?
The simple act of reinvesting the interest earned means you earn
interest on the interest and make more money
Suppose you invested a sum of Rs 2 lakh in the Post Office Monthly
Income Scheme (MIS) @ 8 per cent per annum. Every month, a sum of
Rs 1,333 will be deposited into your savings account, for a period of 6
years. “Where should i invest such a small amount?”, you may ask.
Well, the Department of Posts has a Recurring Deposit (RD) scheme,
where you can invest as little as Rs 10 each month @ 8 per cent per
annum. Your MIS interest over 5 years would be Rs 80,000. Reinvesting
would, hence, earn you an additional interest of 8 per cent on the Rs
80,000, without much effort.
11. Accelerate earnings: The concept of
reinvestment
The following table demonstrates the value of Rs 10,000
invested at 7 per cent over a period of 35 years, assuming that
the interest is reinvested.
12. Compounding
“Compounding the greatest mathematical discovery ever” –
Albert Einstein
Reinvest your income from interest on investments, your capital
or principal that is invested goes up
Another factor that influences compounding is the frequency of
compounding
Compounding is such a powerful financial tool that if you
invest and reinvest your savings and profits regularly, your
investment portfolio will steadily outgrow your salary!
13. Financial Planning
Financial planning is the process of developing a
personal roadmap for your financial well being
The output of the financial planning process is a
personal financial plan that tells you how to use
your money to achieve your goals, keeping in
mind inflation, real returns, and taxes
Process of systematically planning your finances
towards achieving your short-term and long-term
life goals
14. Benefits
Helps monitor cash flows and reduces unnecessary
expenditure
Enables maintenance of an optimum balance between
income and expenses
Helps boost savings and create wealth
Helps reduce tax liability
Maximizes returns from investments
Creates wealth and ensures better wealth management to
achieve life goals
Financially secures retirement life
Reviews insurance needs and therefore also ensures that
dependents are financially secure in the unfortunate event
of death or disability
Lastly, it also ensures that a will is made
15. Financial Planning Process
Identify your current financial situation
Identify your goals
Identify financial gaps
Prepare your personal financial plan
Implement your financial plan
Periodically review your plan
16. Tips for Financial Planning
Start now. Even if you are in your mid thirties or forties, it’s
better to start now than dawdle for another five years. Every day
counts
Be honest with yourself. Seek help when needed.
Set sensible, measurable goals for yourself. Be realistic in your
expectations of the results of financial planning
Review your plan and financial situation periodically and adjust
as needed
Always review the performance of your investments; pull out if
needed and reinvest the money elsewhere.
Be hands-on. It’s your money and no one else will do your work
for you
17. Types of Investment
Stocks
Mutual funds
Government bonds
Post office schemes
Public Provident Fund
Bank fixed deposits
Company fixed deposits
Commodities
Gold
Real estate
Art
Why Insurance is not categorized as Investment?
18. Stocks
Risk
High
Returns
High
Tax impact
Capital gains tax will be calculated based on your
gain
Requirements
Demat account to be opened
19. Mutual Funds
Risk
High to Low based on the type of funds chosen
Returns
Medium
Tax impact
Requirements
KYC process to be followed
Investment type
Fixed amount more than Rs. 1000 or SIP
20. Tax Impact on Mutual Funds
Capital Gains Dividend Income
In the hands of
Tax on distributed income
Paid by Fund House
Equity Schemes*^ Other than Equity Schemes
Short Term
(units held
for 12
months or
less)
Long Term
(units held
for more
than 12
months)
TDS Short Term Long Term TDS Equity
Scheme
Other
Schemes
Equity
Scheme
Debt
schemes
Money
market and
Liquid
schemes
15.45%
(15% + 3%
education
cess)
NIL STCG -
15.45%
(15% +3%
education
cess) LTCG
-NIL
Applicable
income tax
as per slab
+ 3%
education
cess
10.30%
without
indexation
or 20.60%
with
indexation
(10%/20%+
3%
education
cess)
STCG -
30.90%
(30% + 3%
education
cess) LTCG
- 20.60%
(20% +3%
education
cess) (after
providing
for
indexation)
NIL NIL NIL 13.519%
(12.5% +
5%
surcharge +
3%
education
Cess)
27.038%
(25% + 5%
surcharge +
3%
education
Cess)
21. Government Bonds
Risk
Low
Returns
Low
Tax impact
Tax free based on type of bonds
Requirements
Demat account or buy in paper form
Investment type
Fixed amount more than Rs. 5000 as one time
investment with specific period
22. Post Office Savings Scheme (POSS)
Risk
Nil
Returns
Low
Tax impact
Interest is taxable
Requirements
None
Investment type
National Savings Certificates (NSC), National Savings
Scheme (NSS), Kisan Vikas Patra, Monthly Income
Scheme and Recurring Deposit Scheme
23. Public Provident Fund (PPF)
Risk
Nil but poor liquidity
Returns
Medium
Tax impact
Tax free
Requirements
Should be opened on individual’s name
Maximum savings can’t exceed 70000 per year
Can remit in a single installment or in max of 12
installments
Can avail loan
Can liquidate only after 15 years
24. Bank FDs
Risk
Low
Returns
Medium
Tax impact
Interest is taxable
Interest rate will vary based on RBI’s monetary
policy
25. Company FDs
Risk
Medium
Returns
Medium
Tax impact
Interest is taxable
Interest rate is high when compared with Banks
but risk is high
Fixed term
26. Insurance
Provides financial protection to dependants
Doesn’t make sense if there are no dependants
Finalizing Life Cover
Life cover should be 10 times your annual income
Consider other debts, pre-existing medical complication, etc.
Fund performance
In case of ULIP, evaluate the performance of the company in
the past years
Types of Insurance Products
Term Insurance
Endowment Insurance Plans
ULIP
Pension Plans
Money-Back Plan
27. Best Practices in investing
Diversify your portfolio
Constantly monitor your investment and try to
correct bad performing assets
Use online portfolio tools to have consolidated
view of your investments
Don’t save what is left after spending but spend
what is left after saving
Add nominee in all your investments
Constantly review your financial goals with the
investments you have made