We learn for years how to make money in Colleges and Professional Institutes but don't spend a day in learning to manage them. Do you want to learn to manage your money? Here's an introduction to a financial planning workshop.

Financial Planning Workshop Goals
• Enhance the personal finance skills by improving their knowledge and behaviour towards money and facilitate individuals to make better financial decisions.
• Establishing financial goals, Learn how to do budgeting and tracking & promote automation.
• Maximize the Investments & Optimize the Insurance cover

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Workshop Content

Lights!
1. Understanding Money & Principles of Money Management

Camera!
2. Playing with Numbers & Understanding Rupee Cost Averaging, Magic of Compounding
3. Asset Allocation Principles

Action!!
4. Setting up a customized spending plan
5. Activity based decision making on Insurance
6. Setting up investments in Mutual Funds, Stocks, ETF and Fixed Income Bonds.

Why do you need to attend a Workshop?

In India, the financial service providers’ focus on providing commission based recommendations. The financial services advisor is not bothered about providing the knowledge or the tools to their customers to help them manage their money. The problem is compounded by a majority of people who avoid money matters and do not grant it the seriousness that it deserves.

There is a huge information asymmetry in Financial Services industry where the sellers have much more information than the buyer. This lack of transparency leads to uninformed financial decisions even by educated people. Also, we have lack of user friendly measurement tool to track our money before we even can start managing our money.

Competition and active regulation has changed a lot of rules in the past few years. Examples of no entry load on Mutual Funds and the recommendations of the D Swarup Committee on doing away with commissions by 2011 come to mind. There is a unique opportunity to take advantage of these changes to manage our money in a better way.

I believe that it takes all the three components of learning, managing and investing working together and in tandem to manage your money in a holistic manner.

Check out RupeeCamp

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