Blueprint for Life – You have a certain level of income. You have a certain level of expenses as per your current lifestyle. It is almost certain that you will either maintain the same lifestyle or upgrade it in future. You also have some short, medium, & long-term financial goals to achieve. Some of the goals may be negotiable but some are non-negotiable.

Your income will retire when you do, but your expenses won’t! Do you know that the path you’re travelling will take you where you intend to reach? If not, a financial plan will help you consider everything holistically & answer you.

Clarity & Serenity – When you have a blueprint for your life handcrafted to suit your specific needs, you’re bound to have clarity & peace of mind.

Live Guilt Free – Sometimes you feel the Monday blues, or you get fed up with the corporate politics, or you start feeling tired of hectic travelling.
All this surmounts & you sometimes feel like taking a break or going on vacation, but the uncertainty of not being able to achieve family financial goals pulls you back to the humdrum.

When you prepare a financial plan, you get a proper measure of your financial situation. This helps you to provide a purpose to work & take the required break, without guilt!

Decision Making Tool – Whether you can retire early to pursue your hobbies?
Whether you can try to test that entrepreneurial spirit erupting within you?
Whether one of the earning members can take sabbatical to take care of family?
Whether you can afford to come back to India from abroad by taking a pay-cut?
All these & others get answered when you prepare a holistic financial plan.

Course Correction Mechanism – You may be unknowingly walking on the path which may not lead you to your desired direction. It might get too late by the time you realise the fact & by then, you may have to accept life as it is. When you prepare a financial plan, you get to know it beforehand & do the course correction timely.

Helps to avoid costly mistakes – Well, if you do not know which path to take to achieve your goals, chances are that you may take the wrong path based on hearsay. While you may not realise this when you actually make those decisions, the effect may come back to bite you later in the form of mistakes, probably when you cannot do anything about it. Through a holistic plan, the chances will be reduced extensively.

By the time we regret bad financial decisions, we equally wish we had the right guidance when we originally made those decisions.

Helps in setting Priority – When you chart out everything holistically at one place, you get some interesting insights. You may be thinking, but not knowing, whether you’re compromising with your retirement goal by buying that house or car, or sending the children to an expensive college for higher studies. The holistic approach helps you in setting priorities in the order of their importance.

Brings in discipline – When you get a roadmap to follow & you can see the results following it can bring, you start behaving in a disciplined manner! This is one of the biggest benefits of a holistic financial plan.

Clear path to achieve your goals – A financial plan shows you the clear path to achieve your goals. Strategies are put in place well in time to achieve your planned goals. The nearer the goal arrives, the clearer it becomes.

Help in understanding the type of lifestyle than you can live –

Whether you can buy a bigger house?
Whether you can upgrade your car?
Whether you can go for international trips?
A financial plan helps you to understand the type of lifestyle you can live.

Feel secure during testing times

Feel confident

Take sane decisions during euphoric periods

Make efficient use of available resources

A financial plan optimises the following-

Tax Efficiency – Do you feel the pain when a substantial part of your income goes in paying taxes? Do you want to know the ways to save taxes beyond the usual 80C, 80D, and NPS contributions? This is addressed as part of the financial planning exercise!

Liabilities – A liability acts as a termite in your quest to achieve financial goals & freedom. Reducing & then eliminating liabilities should be one of the primary goals to attain financial freedom. A special attention is given to keep a check on liabilities.

Assets – It’s good to build assets but not unproductive ones! In order to generate long-term wealth, removing unproductive assets & adding productive ones is fundamental. This gets addressed when a comprehensive blueprint is prepared & presented to you.

Investments – Safety, Liquidity, & Returns form the basis of our Investment Philosophy. All three are equally important. Focussing on any one or two will always lead to suboptimal results. All three should be considered equally to make your investments work in your favours.

This is our core offering as part of the financial plan. All investment suggestions are conflict-free. The products suggested are non-commissionable thereby low-cost to you.

Expenses – Your income will retire but expenses won’t! When a financial plan is crafted, some leakages in expenses come to light which do not get noticed otherwise. These get plugged in the process. It’s an old adage – Money saved is money earned.

Insurance – We are all exposed to various risks around us, some of them can be hedged through insurance! One should have an optimum amount of insurance cover. A higher cover results in higher premiums costs whereas lower cover leaves you under-insured. This is taken care of in the financial plan properly through appropriate calculations.

Optimum utilisation of Savings – If savings are not utilised in an optimum manner, it beats the purpose. Optimum utilisation of savings can help you achieve the wealth you deserve. This is done through proper asset allocation strategy & holistic view.

Risk-Return Optimization – Are you aware of the following-

1. How much risk you’re required to take to achieve your financial goals?
2. How much risk can you afford to take?
3. How much risk you’re currently taking with your investments?
Why take the risk which is not worthwhile or unaffordable?
Why not take the risk which may help you to achieve your financial goals?
Risk-return optimization is the heart of our asset allocation strategy.