Understand Personal Finance for Smart Living
About Course
In today’s fast-paced world, managing personal finances is not just a skill—it’s a necessity. This program is designed to empower individuals with the knowledge and tools to make informed financial decisions, align spending with life goals, and build a secure financial future. Whether you’re just starting your career or looking to optimize your financial habits, this course offers practical insights tailored for smart living.
Objectives of the Program
The program aims to:
- To build foundational knowledge of personal finance principles for informed decision-making.
- To enable participants to create and manage personalized financial plans aligned with life goals.
- To develop practical skills in budgeting, saving, debt management, and financial goal setting.
- To foster financial confidence and independence for long-term well-being and smart living.
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Module |
Key Topics |
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Module 1: Myths in personal finance: Setting expectations right |
· How much return is too much return · Absolute vs annualised return; · How savings deplete without you knowing · Is insurance really a scam? |
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Module 2: Understand all about salary |
· Gross/net salary/CTC/in-hand · HRA/special allowance/TDS · EPF/NPS (only in the context of salary) · How ESOPs work |
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Module 3: Learn all about NPS |
· All-citizen model vs corporate NPS · Relevance of NPS in new tax regime · Why NPS matters in retirement planning · NPS investment and withdrawal rules |
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Module 4: Introduction to the stock market |
· How stock market works: Largecap, midcap, smallcap · Fundamental analysis: How to pick stocks, IPOs · Risks in direct equity investments · Why futures & options don’t work for most cryptos & other popular investments |
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Module 5: How to choose the right financial advisor |
· Mutual fund distributors · Registered investment advisors · Bank relationship managers/Cas PMS managers/research analysts · Wealth managers · AI advisors |
**Terms & Conditions**
Please note that the meeting time and date are subject to change. Eduvate India will notify all registered students in advance in case of any rescheduling or updates.
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