"Personal Financial Planning" is a comprehensive guide that aligns with the latest guidelines issued by the University of Delhi. Tailored to cover the entire syllabus, this book serves as an indispensable resource for students seeking a thorough understanding of personal finance. It delves into key aspects such as budgeting, investment strategies, risk management, and financial goal setting.With its up-to-date information and adherence to university guidelines, "Personal Financial Planning" is designed to empower students with the knowledge and skills needed to navigate the complex landscape of personal finance successfully. Whether you're a student or an enthusiast eager to enhance your financial literacy, this book is a reliable and up-to-date reference that ensures a comprehensive grasp of the subject matter.
Here are the salient features of "Personal Financial Planning"
- Story Bites: Learn about finances through cool and interesting stories.
- Brain Booster Activities: Fun challenges to flex the brain muscles.
- Case Studies: Helps in understanding various hypothetical situations.
- Convo Corner: Gives the summarised form of the lesson.
- Knowledge Quest: It as an adventurous quest where you tackle conceptual questions.
- Scenario Queries: Get ready to tackle tricky, real-life money problems.
This book's diverse set of features is carefully crafted to cater to different learning styles and ensures a holistic and engaging learning
experience for students pursuing personal financial planning studies.
Unit-I Introduction to Financial Planning
Unit-II Investment Planning
- Financial Planning
- Time Value of Money
- Savings, Spending and Financial Discipline
Unit-III Personal Tax Planning
- Investment, Risk & Return and Portfolio
- Bond, Real Estate and Investment in Projects
- Financial Derivatives and Mutual Funds
Unit-IV Insurance Planning
- Tax Structure in India
- Exemptions and Deductions
Unit-V Retirement Benefits Planning
- Life and Health Insurance
- Property Insurance, Credit Life Insurance and Professional Liability Insurance
- Retirement Planning and Pension Plans
- Reverse Mortgage and Estate Planing
- Practical Exercises Guide