1:1 Personal Finance for Beginners

Gone are those days when we could have opened a Fixed Deposit and relax till it matures. The sharp inflation rate of India (7-8%) ensures that F.D returns are nullified, and we can hardly preserve the capital (inflation adjusted) till its maturity. On top of that, every now and then a Ponzi scheme is being presented by the commission takers, be it a bank executive, or an insurance agent. In fact most of these agents practice cross selling of insurance, under the name of investment.

That's why you need a completely neutral and unbiased perspective of how Personal Finance works and as as a techie how to focus on only the necessary elements, without getting drowned and overwhelmed by it's depth.

In this session we will discuss :

1. First things first - Emergency Fund, Term Insurance and Health Insurance
2. The different asset classes and my take on it.
3. Goal based Investing
4. SIP vs Lumpsum Investing
5. SIP Vs SWP
6. How to begin investing as a Software Engineer/Student
7. Power of Compounding
8. How to choose the right mutual funds in the ocean of Indian Mutual Funds
9. Direct Investing Vs Mutual Funds
10. Recommended formula for optimum returns with minimum risk
11. How to open your Demat account and start the financial journey with a portfolio
12. The nitty gritty of RSUs/ESOPs and should you negotiate more RSUs instead of fixed income in offer letter
13. Your doubts in general

What Makes Me suitable to guide you?

During 2015, as a fresher software engineer I had 0% knowledge on personal finance. I was slipping below every day to make my hard earned money grow. Managing and growing money is a subject which is ridiculously excluded from any high school/engineering domains. However, as much I hated it, I could not be ignore it in my day to day life. I learnt it the hard and the dirty way, reading business journals, researching on the SEBI website, studying the graphs, charts, candlesticks everyday. I played both the trader and investor roles, learnt a lot from each of them. At this point, I am at a position to give you the actionable items in personal finance which I have gained through all my learnings. This will keep your head still and let you focus on your expertise, and the portfolio will automatically generate a generous return, without you needing to monitor it every now and then.

So why wait, engulf on this amazing journey to see your money work for you!

"The biggest risk is not taking any risk" - Mark Zuckerberg