Basics of Financial Planning
This course is designed to provide you with basic knowledge and awareness about critical financial planning tools. It provides an entry door into the finance and investment world by equipping you with key concepts. This course does not require any advanced knowledge of Finance or Investment.
About this course
In this course, you will learn the fundamental principles of financial planning and gain a clear understanding of how to manage your finances effectively to set you on the path of wealth creation. You will be introduced to the key concepts of budgeting, personal cash flow management, building an emergency corpus and basic principles of asset allocation. The process of Financial planning begins with an awareness of one’s current financial position and life goals.The course talks about ways to quantify these goals clearly. It talks about ways of boosting one’s net worth, exploring investment possibilities, power of compounding, risk profiling and investing strategies. This course provides an understanding of the world of Finance and Investments through short videos ranging from 1 min to 6 mins, interactive quizzes and case studies. It provides a concise explanation of how to manage your finances to achieve your financial goals and meet your investment objectives. You will be awarded a Certificate on course completion. You can download or upload the certificate on social media pages and handles.What you'll learn
- Understand the need for financial planning
- Be able to define Goals and how to meet goals
- Learn Basics about Savings and Investment
- How inflation impacts our savings and value of money
- Understand budgeting. Learn how to control your cash flows
- A starter kit for wealth creation
What is the importance of understanding the Basics of Financial Planning?
Understanding the Basics of Financial Planning is crucial for managing money effectively, making informed decisions, and securing your financial future.
How does learning about budgeting contribute to Financial Planning?
Learning about budgeting helps you track expenses, prioritize spending, and ensure that your financial goals align with your income.
Why is cash flow management essential in Financial Planning?
Cash flow management is vital as it ensures you have enough liquid assets to cover expenses and invest in opportunities that align with your financial goals.
What are some fundamental investing strategies in Financial Planning?
In Financial Planning, fundamental investing strategies include diversification, asset allocation, and risk management to maximize returns while minimizing risk.
How can I improve my knowledge of Financial Planning beyond the basics?
To deepen your understanding of Financial Planning, consider exploring advanced topics such as estate planning, tax optimization, and retirement planning.
What role does an emergency fund play in Financial Planning?
An emergency fund acts as a safety net, providing financial security during unexpected events like job loss or medical emergencies.
Is it advisable to seek professional help for Financial Planning?
Seeking professional help for Financial Planning can provide personalized guidance and expertise in areas such as investment management and wealth preservation.How can I get started with learning the Basics of Financial Planning?
You can start by enrolling in courses like the Basics of Financial Planning offered by OAWA, which covers essential topics like budgeting, investing, and cash flow management.
Instructor
Sujoy Das
Mr. Sujoy Das, co-founder of OAWA, Ex-Head-Fixed Income at Invesco Asset management, has over 25 years of experience in Fixed- Income and currency markets. Managed funds for both domestic and offshore funds. In 2005 and 2012, he was featured amongst the top debt fund managers in the country in a survey conducted by Business Today and Mutualfundsindia.comInstructor
Sujoy Das
Mr. Sujoy Das, co-founder of OAWA, Ex-Head-Fixed Income at Invesco Asset management, has over 25 years of experience in Fixed- Income and currency markets. Managed funds for both domestic and offshore funds. In 2005 and 2012, he was featured amongst the top debt fund managers in the country in a survey conducted by Business Today and Mutualfundsindia.comWho should Enroll
This course is ideal for -- Working professionals from any field who want to learn about financial planning to manage their savings.
- Students who want to acquaint themselves with the basics of Finance and Investment to start their career in Finance.
- Homemakers looking to learn the basics of finance and investment.
- Any person who wants to start saving and investing to meet their future goals like retirement.
Who should Enroll
This course is ideal for -- Working professionals from any field who want to learn about financial planning to manage their savings.
- Students who want to acquaint themselves with the basics of Finance and Investment to start their career in Finance.
- Homemakers looking to learn the basics of finance and investment.
- Any person who wants to start saving and investing to meet their future goals like retirement.