PERSONAL FINANCIAL PLANNING

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Slide 1:

“PERSONAL FINANCIAL PLANNING” PRESENTED BY :- KHUSHBOO MUNDRA MBA 2 nd Sem

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“ Becoming Wealthy is not a matter of, How much you earn, Who your parents are, or What you do, It is a matter of managing your money properly ” - Noel Whittaker

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I am working only for pleasure My Income will keep increasing and I could earn till my death My Life is very smooth and it never surprises and threatens me I am not prone to any bad omen/ happenings I don’t have any financial risk I have a fortune to take care of me and my family My investment doesn’t require any management “Don’t kid yourselves …….Life is not as easy as you think” I just started earning Let me enjoy life for a while I have lot of commitments It’s difficult to run my family, then how do I invest I don’t have enough money Not now, I do it later on I am too young to start preparing For Retirement I don’t have a stable income “But the Real Fact Is … Great Excuses… Life..…

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You haven’t Planned at all (or) Not realized the importance of it!

“Financial Planning Is not about Today... It is about a Better Tomorrow”:

“Financial Planning Is not about Today... It is about a Better Tomorrow”

PERSONAL FINANCIAL PLANNING:

PERSONAL FINANCIAL PLANNING

Importance of Financial Planning:

Importance of Financial Planning Changing Lifestyle Ever Increasing Cost of Living Complex and Diversified Financial Products To Protect your family from financial uncertainties To Minimize Tax Liability Best Asset Allocation Based on your Goals and Risk Appetite Tension Free Living by meeting all your Goals and Dreams Wealth/Asset Creation & Protection

How To Plan The Future ..??:

How To Plan The Future ..?? Insurance Planning Investment Planning Children’s future Planning Retirement Planning Tax Planning Cash flow Planning Estate Planning

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01% were Wealthy 04% were maintaining their standard of living 23% were Still working.. can't afford to quit 09% were dead 63% were dependent on Children & Charity Evidence of Life without Planning

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If left unplanned .... If your life’s goals are left unplanned they can catch you off guard and even force you to liquidate your assets at the wrong time This may cause undue stress to your physical & financial health. The only way to safeguard yourself against this is to plan for them in advance Planning in advance will ensure that you can sufficiently and comfortably meet your life’s goals

THANK YOU ..!!:

THANK YOU ..!!