This provides awareness regarding Financial literacy and how to well manage your retirement funds as well as bring idea to you for better investments so that you can achieve your future defined goals either it is long term or short term. Financial Literacy is mandatory for each and every earning person, because you may be become rich without knowledge but you can not become wise without knowledge. so financial literacy is too important because your money can't grow itself, it needs a healthy Push

1. By: Anubhav Sokhal

2. By: Anubhav Sokhal
The ability to understand and effectively use
various financial skills, including personal financial
management, budgeting, and investing.

3. By: Anubhav Sokhal
By better understanding how to budget and save
money, individuals can create plans that set
expectations, hold them accountable to their
finances, and set a course for achieving seemingly
unachievable goals.

4. By: Anubhav Sokhal
Personal finance is about making and meeting
your financial goals, whether you want to own a
home, help other members of your family, save for
your children’s college education, support causes
that you care about, plan for retirement, or
anything else.

5. By: Anubhav Sokhal
✓ Assess current financial position (Where are we today).
✓ Identify our financial needs - [(What do we want to achieve in short term
✓ (1 Year), medium term (1-5 years ) and long term (more than 5 years)]
✓ Estimate the cost of each item and the date we want to achieve it. Calculate
how much we need to save.
✓ Maintain a financial diary - Write down your income and expenses.
✓ Curb expenses- spend sensibly.
✓ Review savings regularly-Whether it is as per plan? If not, look at 4 expenses
for opportunity areas to cut back spending and increase savings.
✓ Determine the amount saved at the end of each week/month.
✓ Deposit savings in a bank account.
✓ Invest your savings Intelligently

6. By: Anubhav Sokhal
F
I
R
E

7. By: Anubhav Sokhal
Compounding is nothing but the power of compound interest working its magic on your money. Let us
understand this with an example:
Age 27 Years
Monthly Expenditure ₹30000
Retirement Age 60 Years
Life Expectancy 80 Years
Current Investments ₹280000
Expected Inflation 6%
Expected Return on
Investment
12%
Total Retirement Corpus
Needed
₹4.02Cr.
(-)Future value of existing
Investment
₹1.17Cr.
Corpus that need to built ₹2.85Cr.
Monthly SIP Required ₹5648
40 Years Age
₹50000 Monthly Expenditure
60 Years Retirement Age
85 Years Life Expectancy
0 Current Investments
6% Expected Inflation
12% Expected Return on
Investment
₹3.74Cr. Total Retirement Corpus
Needed
0 (-)Future value of existing
Investment
₹3.74Cr. Corpus that need to built
₹37892 Monthly SIP Required
Mr.X Mr.Y

8. By: Anubhav Sokhal

9. By: Anubhav Sokhal
✓ To meet higher expenses on birth,
education, marriage, purchasing farm
seeds, purchasing own house, etc.
✓ To meet expenses on account of
unexpected events like illness, accident,
death, natural calamity.
✓ During the emergencies, savings can
come to rescue.
✓ Money is needed for lean periods i.e.
when we are not able to earn.
✓ Money is needed for our old age.
✓ Money is needed to buy something
which we cannot afford from regular
income.

10. By: Anubhav Sokhal
Rule 50/30/20

11. By: Anubhav Sokhal
The 50/30/20 budgeting rule is one of the best known ways to start a solid money management
journey. Let’s assume your monthly Salary is INR 50,000.Segregate this amount into three buckets
of 50, 30, and 20.
50% Constitutes Your Needs
This comes to INR 25,000 which is for Food, Shelter, Clothing, Rent, Utilities, Groceries, EMIs,
Children Education Expenses, Insurance expenses etc
30% Constitutes Your Wants
This comes to INR 15,000 which is for Entertainment expenses, Dining out, Gym membership,
Shopping, Travel, Hobby, Buying the latest gadget like iPhones, smart tv, etc.
20% is Savings
This comes to INR 10,000 which is for Emergency Funds, Investments in Mutual Funds, Stocks,
ETFs, Gold, Tax Savings Funds, PPF, SSA, Planning for Long Term Goals like Children Marriage,
Retirement etc.

12. By: Anubhav Sokhal
How to Save
& Invest???
Do not lose your hard
earned money, always
save in a bank account.

13. By: Anubhav Sokhal
❑ Saving Account
❑ Deposit Schemes
❑ Life Insurance
❑ Health Insurance
❑ DEMAT A/C & Trading A/C
❑ Mutual Funds
❑ Sukanya Samriddhi Account
❑ Senior Citizen Saving Account
❑ PPF Account
❑ NPS Account
❑ Home Loan
❑ Car Loan
❑ Pre Approved Personal Loan
❑ Credit Card
❑ & many more products

14. By: Anubhav Sokhal