This document provides information on tools and strategies for creating wealth. It discusses cash flow, balancing return and risk, calculating needs through financial planning and insurance, creating a budget, and defining wealth as a function of expenses, liquid assets, and passive income. Myths about money and wealth are debunked. Mantras for wealth emphasize allowing time for investments to grow, spending less than you earn, and investing with clear goals.

1. Creating and Growing Wealth

3. 3 core values:Simplifying Personal Finance Make Meaning Create Value

4. Tools to Create Wealth

6. Is there a difference between assets for Companies and Individuals?

7. Asset Vs Liability Chart

11. Any deviation from expectation is risk

12. Which has higher risk?

13. When I expected 10 % I got 9%.

14. I expected 35% I got 31.5%

16. The probability to lose 43,750 persons is 25%

19. No. That is why Countries are rated too.

22. Comparision chart for different investments

24. Calculating My Needs

25. Calculating My Needs Financial Planning Includes: Protecting our Family Planning for our Milestones Planning for Emergencies Planning for Retirement Planning for Estate

26. Protecting My Family

27. Protecting My Family Do I need Insurance? How much Insurance do I need?

28. Planning for My Milestones & Retirement Have I planned for My Children’s Education? My House? My Car? My Parents? My Business? My Retirement?

29. Milestone Planner Retirement Planner

30. Where is the money? I know I need to save. But where is the money? This month my in-laws were in town The TV / Washing Machine / Fridge failed this month

31. Where is the money? Surprise hospital expense came up Child’s School Term Fees had to be paid

32. Where is the money? Soft Loan had to be repaid Surprise Trip from Company. Claim will take one month for reimbursement. Aadi Month / Deepavali / Ramzan / Chirstmas / Pongal / New Year / School Holiday Purchases

34. Plan is required to first set a goal and then to remind you to reach it

35. And alert you when there is a deviation

37. A sale is profit for the sales guy

38. Is the thing on sale what you want?

41. Sometimes used to protect our image in front of our children.

42. “Money is not evil after all – in good hands” – Swami Vivekananda

44. My Present Budget Fill in your Budget Worksheet budget worksheet

46. Identify expenses which can be reduced

47. Identify loans which need to be closed immediately

49. Wealth Defined

51. Your liquid assets and

53. Mantras for Wealth

54. Mantra 1 Time The largest of trees start from the small seeds. Allow time and nurture your investments.

55. Mantra 2 Income – Investment = Expenses If spending money brings you enjoyment, you will never be rich. However if making money brings you enjoyment, then your wealth is guaranteed. Make list based purchases Given a choice – see what the excess amount could be

56. Invest with a Goal and Make Goal Based Investments If your goal was 10% gain sell once you get it. Don’t get Greedy. Life Goals give clarity for the quantum and term of investment. A purpose will ensure money is not used otherwise or spent.