Fin win Financing Your Dreams - Gyaandeep - DEAL

1. FIN WIN- Financing your
Dreams
Finance= Money : The Need & Charm of
Each House Hold

2. Power of Finance- Money ………..
2
• Money is Medium of transact across various businesses.
• Finance is Basis of one‟s life, that show‟s successful he or
she is?
• Money is a resource for buying services/goods for life.
• Finance is strength or power to purchase, invest and save.

3. Diwaker S Chandra
About the Facilitator

4. About the Facilitator
Diwaker S Chandra is a thorough professional with
26 years experience in Sales Training & People
Psychology. He is self motivated versatile personality
with flair of linguistic ability & interpersonal skills.
His strength as a Facilitator is his high degree of
energy and passion that captivates and engages the
participants using humor, anecdotes, games,
activities, quizzes & realistic examples etc.
Diwaker facilitates Session for Community
Empowerment. He is committed to enhance not only
productivity of an individual but also overall quality
life and skills of life he touches.
Key Interventions:
Selling Skill Customer Orientation & Experience
Leadership Development Enhancing Productivity
People & Behavioral Intervention Organization Effectiveness

5. GYAANDEEP-
Engage, Enrich & Empower
An initiative by –
Digital Excellence Academy of Learning

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ABOUT DEAL & GYANDEEP
GYAAN DEEP is an initiative of DEAL- Digital Excellence Academy of Learning.
We aim to empower our fellow citizens by strengthening and unlocking potential in
key areas. Our aim is to strengthen your understanding in the Personal, Professional,
Social, and Financial domains through enhanced life Skills.
At DEAL, it is our firm belief that - “Your earning ability today is largely dependent
upon your knowledge and skill as input and your ability to combine these two in a
manner to contribute value that customers are willing to pay for, as the output .”
Here is your opportunity to Enrich your Self with your choice of subject and topic.
The Window of Opportunity is Open from 18th October to 18th November.
This initiative is a Corporate Social Responsibility programme by the community for
the community.

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FIN WIN- Financing Your Dreams
Each one of us have Aspiration, Dreams & Responsibilities. Are you Prepared to
Achieve it
Bright future of
Child
Grow your Money Financial protection For
family
Answer these 3
questions
 To Self
 For Your Dreams &
 Key
Responsibilities
 Do You Want….
None of the Above can be achieved without Money

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Financial Planning – A lifelong prerequisite
Because needs and circumstances keep changing throughout life
0
10 20 30 40 50 60 70 80
Early
Childhood
High
School
and
College
Family
Formation
Career
Development
Pre-
Retirement
Retirement
Retirement and Estate Planning
Tax Planning
Savings and Investment planning
Contingency and Insurance Planning
Age (in years)
Income Stream
IncomeCurve

10. FIN-WIN
People Don’t Plan To Fail
They Fail To Plan

11. Life Cycle of Finance –Money ?
Are we missing some thing?
We Need to Re-Think.

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Financing your Future
 What are your ways for financial planning?
Income
Spend
Save
FINANCIAL FAILURE
( situation most
households remain in)
Income
FINANCIAL
DEPENDENCY
(not workable in the
long-term)
Income
Spend
Save
Invest
FINANCIAL
INDEPENDENCE
(takes care of expenses
and long-term financial
goals)
Spend
Save

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First and foremost, saving money is important because it helps protect you in the
event of a financial emergency. Additionally, saving money can help you pay for large
purchases, avoid debt, reduce your financial stress, leave a financial legacy, and
provide you with a greater sense of financial freedom.
10 Reasons Why You Should Save Money (Even When Borrowing is Cheap & Easy)
FIN WIN- Importance of Saving & Investment
Become Financially Independent
Unforeseen Expenses & Emergencies
Maximize Interest Rates
Save for a Vacation, Car & other desire
Save for Down Payment for a House
Get Out of Debt
To Have a Good Life
Irregular or Recurring Expenses
Annual Expenses
Relaxed Retirement Life

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FIN WIN-Account Your Financial Journey & Opportunity
Age when you started working
22 36Number of years You have
worked =14yrs
Age Today
Average annual earning till Age 36 is (1,00,000+6,00,000)/2 i.e. Rs 3,50,000
Your first salary
cheque?
Rs. 8,500
Assume Your current monthly
income?
Rs.50,000
Did u know that in last 14 yrs you have earned Rs.3,50,000*14 yrs = 49 lacks
What has been the saving in these 14 years (FD,PPF,NSC, MF, Stocks) if you Says (Rs 4,00,000)
Your % Savings is = (4,00,000/49,00,000*100) =8.16%
The Wallet Theory says you should save at least 15% of your monthly income !!!!!

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FIN WIN- Plan Your Financial Journey
36 yrs 60 yrs
Your Current Age You would work till age
Only 24 yrs are left for retirement
Current Annual Income = 6lacs
Assume Even If your income does not increase at all
Rs1,44,00,000
Average earning till 60 yrs Rs. 6,00,000 * 24=
If you continue to save at the same rate 8.16% you will save Rs.11,75,040 in the next 24 years
Will this savings help you achieve your dreams ???

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FIN WIN- How to Keep Hard Earned Money Safe
FOR BA N KS
R BI
FOR M U T U A L
FU N D S S E BI
Fo r I N S U R ANC E-
I R D A I
Invest in avenues Those who are Regulated
Regulators helps us to safe Guard our Interest

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FIN WIN- Financing your future Integrated
Financial Planning
INTEGRATED
FINANCIAL
PLANNING
Retirement
Children‟s Education
Various investments
options to create wealth
Family Protection
Protection against
Disability & Hospitalization
Protection against
Critical Illnesses
ACCUMUL
ATION
PROTECTION CREATION
Buying a house

18. FIN WIN- Save Your Savings & Investment
There are three major classes of risks associated with the Human life : 3D
Death: premature death & long life (old age, longevity)
Disease: Health risks
Disabilities- loss of earning capacity
SAVE YOUR SAVINGS
If you are not protected from the risk of 3D
No matter how much savings or Investment you have its not work of.
Remember LIFE has a “IF” within…
Your Money is safe & finance is stable only when you have protected your
Self from the impact of all
“IF”

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FIN WIN- Basics of Investment Planning
▪ Financial (Investment) Planning
▫ Is all about creating, managing & enhancing your wealth
▫ Is important to help you realize your financial dreams
▫ Is an ongoing process
▪ 4 Steps guide to good investing
▫ STEP 1: Set your goals
▫ STEP 2: Identify your risk profile
▫ STEP 3: Pick your asset mix
▫ STEP 4: Review the progress of your previous investments

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FIN WIN- Basics of Investment Planning
▪ The difference between SAVINGS and INVESTING
Savings = Income – Expenses
Investment = Mobilized Savings
Kept in safe, low-risk vehicles
Liquid
Yields lower returns
Used for short-term goals
Involves risk
Volatile
Offers potential for higher growth
Used for mid and long-term goals
WHAT IS SAVINGS ? WHAT IS INVESTMENTS
?

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FIN WIN- Know your Need
CREATION & ACCUMULATION PROTECTION
from
Death,
Disability &
Critical Illness
Tax
Benefits
[U/S 80 C,
80D & 10
(10) (D)]
Savings
Growth
Income
Protection
Inflation
Protection
    
Plan your Savings & Investment as per your
Objective & Goals

22. FIN WIN- Ideal Investment
PROTECTION – GUARANTEES
Life Insurance, Health Insurance
(3% to 5%)
VERY LOW to MODERATE RISK
PPF, FD‟s, Annuities, Savings Plans,
OPP
MODERATE RISK
Mutual Funds, Stocks,
Bonds, etc
HIGH RISK
Collectibles,
Art, Coins etc
Aggressive Planning
Growth
Planning
Defensive
Planning

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FIN WIN- Striking a fine balance
▪ A plan that should protect & profit you on your Investment throughout your life.
▪ Balancing risk at both the end
If something happens
Sufficient funds to meet the basic
need of spouse & dependants,
Fulfilling Financial responsibilities„,
impending expenses as well as
Other financial needs.
If nothing happens
You are able to fulfill all
Your responsibilities & enjoy
a wonderful independent retirement
Life, leave a legacy behind for
Your children & Grand children's.

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FIN WIN- Computation of current financial worth
▪ Step 1- You can ascertain your current financial worth by:
▫ Calculating your net current income
▫ Deducting your personal expenses
▫ Determining the total fund that is required to be invested to ensure
current net income at the present interest rate.
▪ Step 2- Securing the needs of Family?
▫ Calculating your current financial worth helps you decide how much
FINANCIAL PROTECTION you need for your family to maintain the same
standard of living today, if you are not there.
▫ Minimum Protection Need = Monthly Expense x 200
▫ Example: Monthly Expense – 50,000/- x 200= 1,00, 00,000/-
▫ Interest of Rs. 1,00, 00,000 @ 6% = Rs 6,00,000/ 12= Rs. 50,000
▫ Family receives Rs. 50,000 compensation only when you take a right
decision of Protection.

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FIN WIN- A Decision to Win
Something which matter a lot to all of us
 DREAM OF YOU & YOUR FAMILY
 WEALTH CREATION
 SAFTY FROM UNCERTANITY
 TAX PLANNING
 LIVING LUXURY LIFE IN PRESENT OR INVESTMENT & PROTECTION FOR FUTURE ?
Success = Decision

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Stay Safe & Keep investing for future

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Thanks!
Any questions?
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