Starting Your Prudent
Suresh K Narula, CFPCM
Created by: www.prudentfp.in
Having No Financial Plan
• You EXPERIEMENT with your hard earned money
• End up buying financial products which you MAY NOT NEED
• Travel a journey without a DESTINATION…
• Fail to understand the impact of the DEVIL INFLATION
• Stop Playing 100% in your financial life
• Under Agents and Distributor's CONTROL
• Financial Life is running Luck by Chance Not Luck by CHOICE
Have you got the Answers?
Do you know if your PF would be enough to give you a
Do you know how much you need to invest in order to have a
Do you know how much you need to save up in order to get
Kids’ education and marriage after 15-20 years?
Do you know in which investment avenues should you invest
your money to achieve these goals?
Do you know how much and what kind of life and health
insurance you should buy?
Do you know what is your net worth and asset allocation?
IF NOT, FINANCIAL PLAN WOULD HELP YOU ANSWER THESE
QUESTIONS, AND MORE…
Financial Plan provides a ROAD MAP
your FINANCIAL LIFE and can make
the journey less stressful, more fun
and more successful.
-YOU CAN START RIGHT NOW-
The First step not making
PLANNING for everything
and then EXECUTING it
Destination: Setting Goals
Identifying Your Financial Goals
Classify financial goals based on your priority and proximity
Quantifying your goals
SMART goals lead to SMART results
SMART Specific, Measurable, Attainable, Relevant, Time-bound
SMART Success, Momentum, Attitude, Result, Trust
Starting Point: Where are you now?
Measuring your Financial health
Determining How Your Money Moves
List everything you owe (liabilities) and you own (assets)
Track your monthly income and expenses
Pay yourself first
• Income - Expenses
• Income -Savings
Avoiding Potholes : Protecting Goals
Any unforeseen event
Destination: Setting the Goals
When GOALS are:
These RESULTS arrive:
Simple Three Step Approach
Realize You and Your Goals,
Setting and Quantify them
and putting in time frame
Provide a roadmap, Analyzing
the information and Construct
Monitoring and Reviewing
Your Financial Plan will contain
Family Details , Plan Assumptions & Logics
Articulation of Goals & Objectives
Net worth Statement(Personal Balance
Current & Recommended Asset
Current Inflow Outflow Statement
Goal Funding Map with Current Assets
Analyzing Current Mutual Fund, ULIPs and
insurance & General policies analysis
Children’s Future Planning (Education
Analyzing Current Debt & PO Schemes
Current Financial Discipline & Well-being
House Purchase Planning
Contingency Fund Requirements
Car Purchase Planning
Life Insurance Need Analysis
International Vacation Planning
General Insurance Need Analysis
Any other goals of your and family
Prudent Financial Planning Process
What you can expect from this exercise of Prudent
1. Clarity about your financial goals and how to achieve them.
2. How will Inflation affect your Financial Plan?
3. Are your savings & investments being channelized efficiently?
4. Analysis of your existing financial products that you own.
5. How much money should you invest for your goals?
6. Everything in your financial life gets on purpose.
7. Helps you with Product selection.
8. Now, everything has cleared, Not doubt again and again.
Why Prudent Financial Planners?
Suresh Narula is the Founder & Principal Planner of Prudent FP
He is also CFPCM Practitioner and offered Comprehensive financial Plan
He is member of The Financial Planners’ Guild India, Mumbai
Suresh regularly writes in Dainik Bhaskar and regular contributor in
Samadhan section of Businsess Bhaskar
He also holds MFC and M.com degree from a leading Universities in
Chandigarh and Himachal Pradesh respectively.
Do NOT give any advice unless he knows all details of assets, liabilities,
income and expenditures
Thinks about YOU and realizing YOUR GOALS
Healthy discussion over “your way” vs. “over way”
Has excellent network of Corporate Agents and other Professionals
Client centric and Action oriented approach
Schedule a Free Meeting
Reach us at : firstname.lastname@example.org
Call: +9198160 02197
A Financial Plan is a generic direction to your cash flows over a period of time. Your future financial condition
may alter due to changes in income/expense patterns, new family commitments, macro economic scenario etc
which may prompt you to alter some aspects of your goals and add new goals. Therefore this Financial Plan and
the Cash flows depicted in it should be used to give you a long term direction for managing your personal
finances while taking immediate actions as a step towards accomplishing your financial objectives.
These recommendations are subject to review at the time when you are actually taking actions as
recommended because of changes in legal circumstances, economic conditions etc. If considerable time has
elapsed since the date of this plan, you should not act on any specific recommendation without further
consideration with the planner.
Returns from each recommended investment will vary in line with market conditions and investment policies
of the fund manager. Income and growth assumptions are intended as a guide only and should be treated with
caution. The planner should not be held responsible for the accuracy of the same. Most equity/ growth
investment are long term in nature and significant variations including capital loss, may occur over shorter
periods. Neither the authorized representative nor the company guarantees the performance or return of
capital on any of these investments. Performances of investments are subject to market risks. Past
performances of a particular asset class or investment may not be the true indicator of their performance in
These recommendations are based on the information you have supplied. If any material information has been
withheld or any inaccurate, these recommendations could prove to be inappropriate for you.
While we have made every attempt to ensure that the calculations contained in this Financial Plan are correct
and complete, kindly note the plan may contain inaccuracies or errors due the manual-computer interface
involved in making the calculations and we expressly exclude liability for any such inaccuracies or errors. In the
case where a error or omission is involved, you can request us to rectify the error or omission, we shall do