TITLE

 

 

BALANCING FINANCIAL PLANNING 

 

Get Complete Insights of Financial Planning 

 

 

 

By

JITENDRA AJIT

DEDICATED TO

 

 

 

OM NAMO SHIVAY

To

 

My Father (Late. Shri. Laxman Ajit),

 

My Mother (Smt. Kajal Ajit)

 

My Wife (Astha) & Daughter (Ada)

PREFACE

PREFACE 

 

This book is dedicated to my all dear friends, who work hard, harder & harder day and night for their family livelihood, but unfortunately missed to properly align their basic safety requirement of life for their families, when they are with them and when they are not with them.

 

This happens mainly because of less time to investigate, our due to less knowledge of proper investment structure.

 

This book is for all of them. So that they can learn with less time and increase their basic knowledge and take right decision on right time for right thing. And secure their families.

 

All the best! 

 

Jitendra Ajit,

June 2020.

TABLE OF CONTENTS

Table of Contents 

 

Introduction

 

Chapter 1 - What is Financial Planning?

 

Chapter 2 - What is Planning Pyramid?

 

Chapter 3 - Why Financial Planning Pyramid is important?

 

Chapter 4 - Pyramid Level 1 Discuss & Know About Importance of Income Safety

 

Chapter 5 - Pyramid Level 2 Discuss & Know About Long Term Safety

 

Chapter 6 - Pyramid Level 3 Discuss & Know About Short Term Safety

 

Chapter 7 - Pyramid Level 4 Discuss & Know About Uncertainty

 

Chapter 8 - Pyramid Level 5 Discuss & Know About Wealth Creation

 

Chapter 9 - Height of Return with Depth of Risk

 

Chapter 10 - Conclusion (Juice of all chapters)

INTRODUCTION

 "To Every Action there is an Equal and Opposite Reaction."

 

This is the very famous Law by a very famous Scientist.

 

 

  

Here if we compare those words in term of finance then, we can say that if we have income, than only we can spend or invest. Or for Spending or Investment we need income.

 

And the base of any financial activity in our life, is our income and after retirement the wealth we created by investment is the only source of our income. So, proper planning of wealth creation is very very important. But whether wealth creation covers only investment activity?

 

Our income defines our life style, our spending capacity, our investment prospects, liberty of our thought process (e.g. - if we have good income we take fast decisions on financial matters without compromise. But if we have average income then, still we can survive but with several binding on financial decisions and other matters).

  

Although income amount, is very subjective matter but very important. Like wise expenditure and investment is also a subjective matter. 

 

But there is common structure under which we have to align all of them for proper and smooth running of our present life with present earning and after retirement with earnings in future.

 

 

 

 

So, get ready to plan for future life with the help of proper assessment of  present earning strength and expenditure habit and accordingly align our investments.

 

 

 

For that we have to understand the terms Financial Planning & Planning Pyramid.

 

Let's go and break the wall ......

 

Impressum

Verlag: BookRix GmbH & Co. KG

Texte: JITENDRA AJIT
Bildmaterialien: JITENDRA AJIT
Tag der Veröffentlichung: 14.06.2020
ISBN: 978-3-7487-4570-9

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