GUIDED PATH - BEGINNER (8 hours)
Personal Finance curriculum
The many paths to wealth - Asset classes available to an investor
The different asset classes available to Indian investors: Stocks, Bonds, Real Estate, REITs, Gold, Mutual Funds, Bank Deposits, etc.
Risk-return characteristics and suitability of these asset classes for investors of different ages, employment situations, income levels and net worth.
The utility of these asset classes in an investor’s portfolio with regard to investment time horizon
Effectively diversifying your wealth, both within and across asset classes
Where’s all my money going?
Budgeting, managing your cash flows, net-worth tracking, maintaining financial records and preparing/reviewing your personal financial statements.
Financial moves to make at a young age to secure your future self
The earlier in your career you learn the above skills, the better. More money often leads to more problems if you don’t know how to manage your cash flows.
Credit, debt and the dangers of the consumerist economy we live in
Making optimum use of credit cards and consumer finance facilities
Put your growth on autopilot! Blending money and technology
Automating your periodic contributions and withdrawals to/from your investment account through SIPs and SWPs
Either
(i) Approaching personal finance as an entrepreneur or self-employed professional
Diversification of your assets as an entrepreneur and the importance of having an exit plan
-or-
(ii) Approaching personal finance as a salaried individual
Passive investing strategies for individuals who don’t have the time to stay tuned to the financial markets
Common mistakes salaried individuals make with their money and how to avoid them
Maxing out the benefits of retirement accounts.
Investing curriculum
The practical basics of investing
Setting up your financial infrastructure - how many bank accounts do you need? How do you open a demat account? How do you select the right broker for your investments?