Money Awareness

Awareness empowersBemoney Aware

Four cornerstones

Income Expense Assets Liabilities

Example of Asset & Liability

Building wealth

Building wealth is a simple matter of increasing your Builders (Income and Assets) and decreasing your Bleeders (Expenses and Liabilities) or INCREASING your Net Worth .

Time is money

Both save Rs 2,000 per year at 12%. Ben starts at age 19 and stops at age 26, while Arthur starts at age 27 and stops at age 65.

Time is money

Secret of growing money

Wealth building is like growing tree

It's a choice

Comparison of choice

Yuppie Couple

Life of Debt

Good Loans Bad Loans

Credit Card Debt - Hell

Why is investing confusing?

Investing is a plan

So one needs an investment plan,a very personal plan based on your preferences, needs. And your investment plan will then determine the different types of investment vehicles you will need.Your investment plan has to be unique just like you.

Like Cooking a Meal!

Risk Reward

No SUCH PRODUCT EXISTS

Various classes

Women

Women and Money!

Advice

You - Take Responsibility!

Life Stages

20's, 30's, 40's

20sNeeds / Goals:Immediate: Fun,Further StudiesShort-term: Buying a car, MarriageLong-term: Retirement

Mind SetBe financially awareManage your expensesDevelop your own view

30sLife Stage: New parent, Break from workNeeds / Goals:Short-term: Vacations,Buying a home, carLong-term: Child’s education, Retirement

Mind Set

Be prepared for alternate work situationsManage the certainty of uncertainty Be involved in the family’s finances

40sLife Stage: Mid Career, Own assetsNeeds / Goals:Immediate: ProtectionShort-term: Children’s higher education, marriageLong-term: Retirement

Mind SetBe ready for retirementUnderstand your needsBe aware of your complete financial situationEnsure that you are the nominee in your husbands’ investments

Rules for happy financial life