Today is the time where you need to plan your Life and Finances by balancing Present and Future As we continue to deal with a global pandemic, more people are feeling life and financial stress, looking to an uncertain Read More …
1)Lazy in money management – Many people has a habit of keeping money idle in saving account or at home or investing only in fixed deposits. This habit erode your money day by day due to inflation . Your Read More …
Universal Law of farms teaches us about Controlling our emotions, delaying gratification and Investing for Long term – What we sow today, can’t reap tomorrow. Life is all about doing something to reap benefits in the future. We all are Read More …
Whether rich or poor, we promise ourselves in marriage, but unfortunately, many couples prefer not to talk when it comes to finances. If you still haven’t communicated with your spouse…. now is the time to take your spouse on a Read More …
Generally there are two types of Loans- Secure Loans – Secure Loans are Loans on which we pledge our Properties or Financial Assets. Example: Home Loan, Car loan, LAS & LAP (Loan against securities like Shares, Mutual Funds, Fixed Deposits, Read More …
There is NO risk free returns in any assets Proper understanding of risk helps us to generate higher returns with the same amount of risk. There are mainly two types of risk: Systematic Risk – which exists in our system. Read More …
One should opt a habit of dividing Income as per below four parts to become financially free 1) Save for future – 25% 2) Household expenses – 25% Read More …
Few common challenges an scenario of all generations – Uncertainty is constant in all generations. Only change seen in Risk capacity , Behavior , Habits and Mindset among the all three generations. A small & persistent saving habit is the Read More …
What isn’t in our control ? And what is in our control ? 1 .Returns on Investments aren’t in our control , Asset allocation is in our control . 2. Natural calamities, government policies, economic changes aren’t in our control, Read More …
Money – Why Money importance to us? It’s for our security and confidence to fulfill our responsibilities and aspirations of life . How to take control of our Money? To take control of our money we need to know and Read More …
We Listen: Discovery StageThis is a part of our first meeting wherein we discover one’s basic lifestyle and future goals, based on which further probable steps to achieve the goals are discussed.
Everyone has their own way to lead their life and thus everyone’s spending and saving pattern is unique. Money spending and saving behaviour of every person is a culmination of their age, upbringing, family background, place, culture, education and surrounding and past experiences.
Our listening process includes a questionnaire, through which we try to understand the following things-
1) Risk appetite – Understanding of one’s financial as well as behavioural aspects
2) Family’s expectations from Money – based on individual’s past experiences.
3) Financial strengths, Opportunities and threats.
No fees would be charged for this meeting.
We Plan: Enriching LivesIf you decide to opt for our financial planning services, we start off with a formal initiation letter to be signed along with collecting basic client data like your Income, Spending, Assets, Savings and Borrowings.
We guide you in finalizing and prioritizing your financial aspirations and prepare a net worth statement accordingly.
We guide you in maintaining Emergency Fund, managing Risk, planning the required amount of Insurance, managing loans and debt, provide planning for Retirement, Investments, Tax and Estate and other suggestions.
Through a financial plan, you get an idea so as to what amount you require to achieve financial freedom and independency so that you do not overly depend on your primary source of income.
One gets an idea about how much to run and where to draw a line and stop.
Finally, through financial planning we guide you in managing your Money, Risk ,Time and Taxes so that enough wealth may be Generated, Protected and Enjoyed forever..
We Built: Wealth CreationIn this third step –
Our focus is on execution and review of your spending plans.
A plan without action remains just a wish. So, to give meaning to your plan we stand by you to implement it.
After implementation we chart out asset allocation strategy and review that time to time.
We believe Financial planning isn’t a onetime process, it is a lifelong process.
Your only role is to understand your spending requirements clearly and in a disciplinary manner invest your savings and patiently watch them grow.
Our role is to be hand holding with you in your money related queries.
We live in an uncertain world where we go through many changes in our lifestyle and prioritizing our goals is an important aspect of our life.
Therefore, reviewing financial plans is a significant process.
We shall yearly review your financial plans and would service you as and when required.