Financial Planning for Families

Guiding you to prepare a simple financial plan, and help implementing the plan to secure your family’s financial future.

Created by: Ravindran Krishnan
Financial Planner, Advisor for Mutual Funds, Toastmaster

What Will I Learn?

• Upon completion, without anyone's support, you will be able to prepare a financial plan which will help you achieve all your family’s future financial needs.
• You will identify future financial needs / goals of your family.
• You will be able to calculate the future cost of your every financial needs, funds required for children's higher education, marriage and for your retirement.
• You will learn about different types of investments and will be able to develop your own investment plan to accumulate funds to reach your goals.
• You will be able to calculate the adequate insurance coverage amount you need to cover yourself to protect your family adequately.
• You will learn how to buy high coverage amount life insurance at the lowest cost.
• You will be prepared to handle any predictable and unpredictable events of your life.
• You will learn about Mutual Funds and its benefits.
• You will learn Systematic Investment Plan (SIP) to create wealth by investing very small amounts periodically in an auto pilot mode for long term.
• Use SIP to accumulate funds for your comfortable retirement life.
• You will understand the Time value of money and start your investments immediately.

Requirements

• Any one can learn and execute what they learned.
• Only requirement is that you must be loving and caring your family and wants to provide them a good financial future.
• You do NOT need any financial background to take this course.

Target audience

• This course is for everyone, who is married and having family and going to marry in the future.