How to do FInancial Planning-All about personal finance
Financial Planning (For Non-Finance)-Secure your financial future, understand spending habits, insurance, mutual funds.
Description
This course will cover personal finance like financial goals, financial planning process, cash flow and budgeting.
Various spending habits and how to control these habits.
You will understand the need and importance of risk management through various type of insurance plans like term plan, health plan, disability insurance, critical illness cover, property and liability insurance.
You will learn the important formula used in personal finance which will make it easier to do the financial calculations.
You will learn various concepts related to investments like power of compounding, inflation, rupee cost averaging, basics of mutual funds, systematic routes of investing into mutual funds and their advantages. You will understand the process of selecting the right mutual fund scheme, when to sell a scheme, common mistakes which investors make while investing through mutual funds.
You will also understand the concept and importance of portfolio review and rebalancing and taxation aspect of mutual funds, various behavioral biases.
A case study on retirement planning which will help you understand the calculation part of retirement planning and concept, importance and various methods of estate planning. We will also discuss the use of WILL versus TRUST for estate planning.
This course will equip you with the necessary information and knowledge to smoothen your financial journey and have a better tomorrow.
You will have the right amount of assets available at the right time if you follow the concepts explained in this course.
What You Will Learn!
- You will learn the important aspects of financial planning, investments, risk planning and retirement planning.
- You will learn and understand about various financial planning concepts and products.
- You will learn about investments, tax, retirement planning, estate planning.
- Many investment related concepts are discussed which will make you a better investor.
Who Should Attend!
- • This course is for you if you want have better financial life •
- • This course is for you if you want to have a smooth financial journey.
- • This course is for you if you want to have right amount of financial resources available for you at the right time.
- • This course is for you if you want to dream big and achieve those dreams.