Top 15 Personal Finance Tips in 2015 - ArthaYantra


Presentation Description

Top 15 Personal Finance Tips in 2015 by - ArthaYantra -budgeting or personal finance tips,Top Personal Finance Tips in 2015,Fund tips for 2015,


Presentation Transcript

slide 1:

Top 15 Personal Finance Tips By ArthaYantra India’s First Robo Advisor

slide 2:

• Investing in ELSS is a more convenient choice for Tax Savings as it has the LEAST lock-in period 3 years as compared to other Tax Saving Instruments Personal Finance Tip 15

slide 3:

• Investing for Tax Savings is a very bad idea. Investments should be based on your goals and include the tax Saving instruments while planning because all Tax Saving Instruments come with a lock- in period. Personal Finance Tip 14

slide 4:

Personal Finance Tip 13 • January February March is a Killer quarter for Salaried professionals. This is when most of the Financial mistakes are committed by them to save Tax. Talk to a Financial Planner today to know if you should actually be saving Tax or not.

slide 5:

Personal Finance Tip 12 • Do you know that by reducing just 2 cigarettes a day 10x2Rs. 20 you will save Rs. 7200 per annum That’s approximately the cost of a Family Floater Health Plan which reduces your risk when you fall sick.

slide 6:

Personal Finance Tip 11 • It’s very important to share Personal Finance details like Insurance Mutual Funds Home Loan Insurance etc that one holds with family members / nominees. This would help them in case of an unfortunate event.

slide 7:

Personal Finance Tip 10 • Investments should never be made to double the money that you have. Instead Investments should be made to achieve financial goals in a disciplined way without looking for any shortcuts. It is only through discipline that wealth can be accumulated.

slide 8:

Personal Finance Tip 09 • The only way to build wealth is by Discipline It is important to note that no one can time the markets. If somebody had a genie to tell them when to buy and when to sell wouldn’t they all be Millionaires by now

slide 9:

Personal Finance Tip 08 • Age – 35 – Investments per month – 8000 INR Corpus accumulated at retirement – 1.2 crore INR • Age 25 – Investments per month – 4000 INR Corpus accumulated at retirement – 1.6 crore INR That’s the power of compounding • Start investing early it can be as low as 500 or 1000 per month too

slide 10:

Personal Finance Tip 07 • Track all your expenses so that you can identify the areas where you are spending more This will help you to have control over your expenses

slide 11:

Personal Finance Tip 06 • An old saying goes “Don’t put all your eggs in one basket” Similarly we should always diversify our investments into various Asset Classes while making Investments for our financial goals

slide 12:

Personal Finance Tip 05 • Anytime is a good time to invest Don’t try to time the market Invest your money for long term to get good returns from your Investments.

slide 13:

Personal Finance Tip 04 • We usually Save and Invest only from the money left after all our expenses It would be a good practice to include Investments into our committed expenses. That way it would ensure we definitely do Invest every month.

slide 14:

Personal Finance Tip 03 • Even though they appear to give you all the convenience Credit Cards on an average charge around 40 Annual Interest. Avoid Plastic Money.

slide 15:

Personal Finance Tip 02 • We should always control our expenses in such a way that we are able to save at least 30 of our income every month for a healthy financial future. This would ensure adequate investments to meet future financial goals.

slide 16:

Personal Finance Tip 01 • Every person on an average faces 3 Emergencies in life like accident loss of job etc. Emergencies don’t give a ring before they come. Always keep 3 months of expenses as an Emergency Fund to take care of any Financial Emergency.

slide 17:

Thank You About ArthaYantra ArthaYantra is Indias largest and only Robo Financial Advisor with over 63000 registered users making us India’s largest Financial Advisor. Talk to us now for a 15 minutes Free Consultation call with our Financial Advisors. Call us on +91-99590-219494 or write to us on

authorStream Live Help