Plotting a cash flow of your income and expenses to understand concerning behaviors and future road map.

General metrics that affect budgeting:

• Income increment rate
• Expense increment rate
• Inflation rate
• Standard of living enhancement

Before getting any risk protection measures in place, know how much monetary risk you bear.
If risks are left unprotected, can wipe out your net worth in seconds.

Few risks to be considered:

• Estimation of life risk
• Uncertain health expenses
• Dependent care
• Accidental (Vehicle & Personal)

Everybody has a rough mental map of how they want to steer ahead in life. Let's convert those rough ideas into measurable goals.

Examples:

• Urban Land Ownership 
• Life Style Aspirations
• World Tour Aspirations
• Overseas Child Education
• Starting a Business
• Vehicle Purchase Aspirations

There is no insurance for job loss or any cashflow hampering event. Do create & timely evolve the emergency corpus.

• Possibility of Income Reduction
• Risk Nature of Work
• Fix % of Income as Emergency Fund
• Timely Rebalancing
• Where to Park Emergency Fund

Planning for Retirement is very Complex, hardly anybody can do it right.

A few complex metrics that play a role in estimation are:

• Inflation rate
• Risk-free rate
• Yearly income increment rate
• Expected increase or decrease in lifestyle after retirement.
• etc.

The debt/ or loan trap is real. 
And, debt free feels like heaven.

You should know the level of the optimal loan according to the lifetime budgeting process.

Calculated decesions on:

• Loan Reduction
• Loan Increase
• Loan Migration
• or, Loan Closure

Planning no. of children seems easy, have you ever done it with financial numbers?

And, major child events like:

• Higher Education
• Marriage
• Vehicle
• etc.

Understanding complex financial products is no easy task.

Get a fair idea about where you can park your money to serve specific goals and how much return expectations are healthy.

Also, tackle psychological barriers that stop you from being consistent to harness real long-term compounding.

Executing all the recommendations on your own could easily get you exhausted with this complex financial system.

Either open an account with us to have smooth execution or get live guidance for other platforms.

Monitoring and altering the plan on a Yearly/ Half-Yearly Basis is a must.

Includes making changes for:

• New Goal Arises
• Major Life Event
• Unexpected Product Performance
• Changes in Fundamental Assumptions
• etc.