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Understanding Personal Finance by Tarrakki

Want to know What is Financial Planning? Here, in this document Tarrakki provide benefits, cost and process of Financial Planning as well importance aspect of investments and many more. Read Now!

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Understanding Personal Finance by Tarrakki

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  1. Understanding Personal Finance www.tarrakki.com Disclaimer: This presentation is for educational purposes only. Opinions or points of view expressed in this presentation represent the view of the presenter, and does not necessarily represent the official position or policies of the Plutonomic Savtech P Ltd. Nothing in this presentation constitutes investment advice. The individuals and returns appearing in this presentation, if any, are depicted for illustrative purposes only.

  2. What is Financial Planning ? Financial Planning is a long-term process of wisely managing your finances so you can achieve your goals, while at the same time negotiating the financial barriers that inevitably arise in every stage of life. Tax Planning Planning For Children Emergency / Contingency Funds Client Financial Adviser Building Retirement Corpus Estate Planning Asset Protection

  3. Benefits of Financial Planning Financial Planning Process • Planning for your goals and achieving them Determine your current financial situation • Assessing your risk profile Determine personal and financial goal, gather data Review and revise financial plan periodically • Developing an appropriate asset allocation • Providing direction and meaning to all financial decisions Implement your financial action plan Analyse and evaluate data Develop and present the financial plan

  4. Types Of Asset Class: There are several asset classes available to investors. Here are a few well known….. Direct Equities Mutual Funds Return Bank Savings A/C Bank Savings A/C Bank Savings A/C NPS and PPF Bank Fixed Deposit Bank Savings A/C Risk

  5. Exercise 1. www.tarrakki.com 2. Download the application 3. Playstore & App Store

  6. Important aspect of Financial Planning Financial Goals • Goal value • Time to goal (Investment Horizon) • Funding the goal Risk Profiling • Risk capacity • Risk attitude Financial Situation Investment Objective • Growth and appreciation • Regular income • Liquidity • Capital preservation Review and Rebalancing

  7. While Investing….. Don’t Do ● Invest in line with your risk appetite ● Select assets based on your investment horizon ● Use goal based investing and financial planning techniques ● Seek professional advice before taking direct equity exposure ● Start as early as possible and stay disciplined ● Invest in products with high expense ratios ● Invest based on historical returns ● Invest based on tips from friends, colleagues, family ● Part time trading ● Time the market

  8. Cost of Delaying Investment • The money available at the present time is worth more than the same amount in the future • The later you start investing, lesser is the return in long term • Cost of delayed investment uses time value of money to determine returns Particulars Rahul Shreyas Rohit Time Now T + 5 Years T + 10 Years Term 35 years 30 years 25 years Monthly investment amount ₹500 ₹500 ₹500 Amount on maturity ₹32,15,479 ₹17,42,482 ₹9,39,423 Cost of delaying — ₹14,67,998 ₹22,76,056 Note: Rate of return is 12%

  9. Step up your investments!! Scenario 1 Scenario 2 ₹ 500 for 1stfive years ₹ 500 for 1stfive years ₹ 500 for 6thto 10thyear ₹ 1,000 for 6thto 10thyear ₹ 500 for 11thto 15thyear ₹ 1,500 for 11thto 15thyear ₹ 500 for 16thto 20thyear ₹ 2,000 for 16thto 20thyear ₹ 500 for 21stto 25thyear ₹ 2,500 for 21stto 15thyear ₹ 500 for 26thto 30thyear ₹ 3,000 for 26thto 30thyear ₹ 17,42,482 at the end of 30thyear ₹ 35,87,177 at the end of 30thyear * Note: Here, the assumed rate of return is 12%

  10. Goal Based Planning

  11. Goal Based Planning ..…continued

  12. Goal Based Planning ..…continued

  13. Goal Based Planning ..…continued

  14. Explore Fund Details

  15. Thank You Contact us Email us – info@tarakki.com www.tarrakki.com WhatsApp us +91 75730-59595

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