Financial Planning
Unit -1 Basics of Personal Finance and Tax Planning
Personal Finance
What is Personal Finance? Personal finance refers to the management of an individual's financial ...
Sound Financial Planning & Personal Financial Planning
Sound Financial Planning Sound Financial Planning is the strategic process of managing finances e...
Personal Financial Planning Life Cycle
The Personal Financial Planning Life Cycle describes the various stages individuals typically go ...
Making Plans to Achieve Your Financial Goals
Financial planning is a structured process that helps individuals define, prioritize, and achieve...
Common Misconceptions about Financial Planning
Many individuals hold incorrect beliefs about financial planning, which can prevent them from eff...
Personal Tax Planning
Tax planning is an essential component of financial management that involves using legal provisio...
Unit 2 - Managing Insurance Need
Insuring Life
Benefits of Life Insurance Life insurance serves as a financial safety net, ensuring that depende...
Choosing the Right Life Insurance Policy
Selecting the right life insurance policy is crucial for ensuring financial security and meeting ...
Buying Life Insurance
Selecting the right life insurance policy involves careful evaluation of costs, features, and pro...
Life Insurance Contract Features
A life insurance contract is a legally binding agreement between the policyholder and the insurer...
Insuring Health
Health insurance plays a vital role in financial planning, ensuring individuals and families rece...
Types of Medical Expense Coverage
Medical expense coverage refers to the various types of health insurance policies designed to cov...
Policy Provisions of Medical Expense Plans
Medical expense plans contain several provisions that define the policyholder’s rights, coverage ...
Property Insurance
Property insurance protects against financial loss arising from damages to physical assets like h...
Unit 3 - Managing Investments
The Role of Investing in Personal Financial Planning
Investing is a fundamental part of personal financial planning. It plays a vital role in wealth a...
The Risks and returns of Investing
Investing is essential for wealth creation and financial planning, but it comes with its own set ...
Managing Your Investment Holdings
Investing is a structured process that involves building a well-diversified portfolio, managing r...
Investing in Bonds
Bonds are an essential part of an investment portfolio, offering stability, predictable income, a...
Investing in Mutual Funds and Exchange Traded Funds (ETFs)
Investing in mutual funds and ETFs is a great way to build wealth, diversify risk, and achieve fi...
Unit 4: Investing in Real Estate and Retirement Planning
Investing in Real Estate
Real estate investment involves purchasing physical property—land, residential, or commercial bui...
Modes of Real Estate Investment
Real estate investment offers various ways to build wealth, generate income, and diversify an inv...
Planning for Retirement
Retirement planning is a crucial component of personal financial planning, ensuring financial sec...