Specific Goal Based Planning

Child Education & Marriage

As a parent, you would not like to compromise your child's bright future regardless of the rising cost of living. Most of the parents start saving for child's education from the birth of child, which is a great. You too need comprehensive financial planning for your child’s education/ developmental needs. Here is the 5 step guide for your child’s future planning.

  • set a Target Date
  • set a Target Amount in Today’s Term
  • find out the Amount you need on target date
  • estimate the return which you can get
  • generate over your investments
  • calculate per month Contribution

Buying a Dream Home

Owning a house has been a dream in almost all of us. But it’s undoubtedly a big decision in anyone’s life. There are few monetary aspects that matter in taking the big decision. Ask yourself the following questions before going to purchase a house:

  • What is the future value of the dream home I want to buy?
  • Will I have enough savings to pay Loan EMIs?
  • What will be the total cost of buying house?
  • Am I having adequate investments to make the make down payment?
  • Can you afford to take the extra burden or seem better to stay in a rented house? Analyze your monthly spending and judge your affordability.

Loan & Debt Management

Taking a loan is part of almost everyone’s life these days. It could a car loan, home loan, business loan or personal loans to fund a variety of personal needs. Let’s be upfront - its sometime difficult to live a decent lifestyle today without meeting with a loan disbursement company at some point in time.

Taking a loan also means having to pay it back - with interest. The interest could be ‘fixed’ rate or ‘floating’ rate. Whichever way it is, you need to pay it back normally as fixed monthly installments or in lumpsum, or usually a mix of both.

These re-payments eats into your regular ability to save, while also commiting you to a certain lifestyle during the re-payment period. A good liability plan will go a long way in making this journey an easier one.

  • How can I become debt free?
  • Should I go for pre-payment of my loans?
  • What is the healthy debt to asset ratio? What is my ratio?
  • How can I avoid getting into a debt trap?
  • Am I paying a minimal interest on all the loans?

Changes in Employment/Starting new Business

During the different stages in your life, you may come across times when certain situations have led to a dramatic change in your financial circumstances, sometimes for the better or sometimes for the worse. Ask yourself following questions.

  • What is the future value of corpus needed for my business?
  • Am I financially prepared to become an entrepreneur?
  • How will I run the family expenses during the start up period?
  • How do I manage my taxes during the job to business transition period?
  • How do I structure my salary tax efficiently in my new job?
  • How will I channelize increased income from new job/promotion?

Going to/Returning from Job Aboard

We shall help you in taking care of following issues :
  • How will my investments and accounts be taken care of during my absence?
  • How will I transfer money between countries and between accounts?
  • How will I invest in India from aboard?
  • How will I file Income Tax returns during the transition period?
  • Do I need to give any power of attorney manage my financials?

Budget & Cash Flow Planning

In simple terms, cash flow refers to the inflow and outflow of money. It is a record of your income and expenses.

Cash flow planning refers to the process of identifying the major expenditures in future (both short-term and long-term) and making planned investments so that the required amount is accumulated within the required time frame.

Cash flow planning is the first thing that should be done prior to starting an investment exercise, because only then will you be in a position to know how your finances look like, and what is it that you can invest without causing a strain on yourself. It will also enable you to understand if a particular investment matches with your flow requirement.

Cash flow plan brings you face-to-face with what you should ideally be saving, and investing in a systematic and regular manner, and what would it mean to you to withdraw from your portfolio after a couple of years. It brings down in numbers what your financial future has in store for you, and gives a clear view (as much as is possible with inflation and the interest rate scenario).

We give concrete advice on how to manage money so money doesn't manage you.