What is Financial Planning and Process?

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Dhanashri Academy
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Financial Literacy in India is very low

• People invested there Harden money through
  mediators like Agents, Brokers , Bankers Cross
  sell or Advt. world like T.V.,News paper, tips or
  own understanding through on line search, past
  track records etc.. etc.. Due to lack of time.
• But when it realizes on later half then its too
  much late. To avoid this kind of situations with
  there harden money or trial and error method
  needs financial planning and update with
  financial literacy.

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What is Financial Planning?

• A financial plan is an assessment of your current
  financial situation and steps to improve it in
  future.
• It is a forward looking document, taking into
  consideration your needs, goals and requirements
  based on certain assumptions.
• A systematic approach to plan your finances the
  need-based way.
• A continuous process driven to reflect the
  necessary changes at the micro and macro level.
  If you fail to plan, you plan to fail.

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Financial Planning? A holistic approach.
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What is Cash Flow Planning?

• In simple terms, cash flow refers to the inflow
  and outflow of money. It is a record of your
  income and expenses. Though simple very few
  people actually keep a track.
• The base of any financial plan is a cash flow
  projection which if negative could prove to be
  dangerous.
• Cash flows mirror your financial future and
  outline the perils if systematic and disciplined
  investments are not taken place.
• You could easily find yourself in a debt trap if
  proper cash flow planning is not on your agenda.

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Risk Management

• Identifying the shortfalls in your situation and
  strategies to work on the same.
• Going beyond traditional products like life
  insurance and health plans.
• Your life style and life cycle stage taken into
  consideration before arriving at accurate figures
  of life insurance requirement, not going by
  generic thumb rules.

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Cash Flows For The Working Class
income expenses savings
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Investment Planning

• A feasible strategy to suit your needs
  requirements.
• Bifurcated in the asset allocation suitable to
  your age, time-horizon risk-absorbing capacity.
• Periodic reviews to incorporate necessary changes
  if the situation so demands.
• Constant updates with your portfolio statements
  to make you feel secured financially confident.

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Tax Planning

• Investments structured in a manner to achieve
  your long-term goals bifurcated as per asset
  allocation and risk profile.
• Investments with an objective of only to save
  taxes eliminated.
• Commencing the tax planning activity well in
  advance, thereby getting the opportunity to
  explore various options.
• With sound advice and time at disposal, tax
  planning is not an arduous task as it appears to
  be.

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Retirement Planning

• An area often ignored and overlooked.
• Earmarking a certain of your earnings towards
  building up your retirement corpus in your
  working years.
• Detailed calculations to enjoy a peaceful
  stress-free retirement in your golden years.
• Taking into consideration inflation pre post
  retirement and a defensive strategy adopted in
  the later years.

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Cash Flows For The Retired Class
Savings during working life need to be
capitalized to build up a sound retirement
corpus. possible only through prudent financial
planning
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Estate Planning

• We strive hard our entire life to build an estate
  without much giving thought to whom we need to
  pass it on.
• Even reputed business families were not escaped.
  You are the one who will decide who will get the
  property when you will not be there. But is that
  enough.
• Having a will and not updating it after change in
  mind-set does not hold good.
• Update it at regular intervals where ever
  applicable.

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Why do you need 360 Financial Planning?

• Complexity of Financial Products.
• Ever changing Govt Policies, Taxation Laws.
• Market Movements, Fluctuating Interest Rates.
• Increasing Life Expectancy, No Social Security.
• Overburden of Information but lack of need-based
  goal specific advice.
• Too many products to choose from.

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COMMONGOALS
Wedding of Children
Children Education
Dream House
Passing Wealth to the next generation
Wealth Creation
Comfortable Retired life
any many more.
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Plan Implementation

• The beauty of a plan lies in its implementation.
• Many a times even though we may believe in the
  process we delay our funding.
• If in a liquidity crunch, start building up an
  emergency reserve first and foremost.
• If it is due to financial inertia then it is
  important to wake up and take corrective steps at
  the right time for fulfillment of goals and not
  to repent later.
• Delay in investments not only make it difficult
  to achieve our goals but also result in an
  increased outflow to make up for the shortfall.
• A plan not implemented is just a simple plain
  document losing its essence in black and white.

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Financial Planning Mantra
Plan Today Tomorrow may be too late
It is never too early to Plan and Execute. See
the cost of postponement of investment for the
Goal of your Childs Education due after 15 years
29,054
23,96,558
Monthly investment required to achieve the Goal
10,00,000
10,315
4,750
If You Start Today
If You Start after 5 years
If You Start after 10 years
Goal Amount in Present Value
Future Value of Goal
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A Financial Plan gives you

• Financial Literacy And Knowledge Coaching
• Financial Independent
• Cash Flow Analysis
• Risk Management Strategy
• Asset Allocation
• Tailor Made Investment Strategy
• Tax Planning
• Retirement Planning
• Action Plan
• Review of your Portfolio at periodic intervals
• Portfolio Rebalancing
• Need for Estate Planning

in addition to these numericals
peace of mind sound sleep
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your road map to Financial Independence.
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Financial Planning Service

• FINANCIAL PLAN PREPERATION
• IMPLEMENTAION
• PORTFOLIO CONSTRUCTION
• FINANCIAL PLAN PROGRESS REVIEW( HALF YEARLY)
• QUARTERLY PORTFOLIO REVIEW REBALANCING
• CONSOLIDATE PORTFOLIO STATEMENT ONCE IN A MONTH (
  12 10 6 PAGE REPORT OF YOUR PORTFOLIO)
• ANNUAL TRANSATION STATEMENT
• REGULAR AFTER SALES SUPPORT

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Expert Advice on

• Financial Planning,
• Comprehensive Financial planning,
• Financial Health check up,
• Net worth Analysis,
• Asset Allocation strategy,
• Cash flow Planning,
• Budget Planning,
• Tax Planning,

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Financial Literacy and Knowledge Coaching

• Risk Analysis ( Investment ),
• Investment Review,
• Investment Planning,
• Estate Planning,
• Debt Advisory,
• Insurance Policy Analysis,
• Investment with Education

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Financial Literacy and Knowledge Coaching

• Insurance Planning,
• Health Insurance Planning,
• Child Future / Retirement Planning,
• Other Financial Goals,
• Emergency Fund Planning,

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