A Check-list for your financial well-being…
- Contribute to your PPF Account.If you do not have, open one for you and all your family members including minor children.
- Contribute to your daughter’s Sukanya Samriddhi Account. If you do not have one for your girl child (0-10 yrs), open it right away.
- Contribute to your NPS Account.
- Get rid of all bad debt. Only good EMI’s please. Maintain a healthy CIBIL Score.
- Get your risk profile done and ensure you have an investment plan for all your financial goals including Children’s Higher Education & Retirement. Start on the journey towards your Financial Freedom today. We can help.
- Open mutual fund SIP right away in the names of your minor children. Talk to us about its tax advantages.
- Evaluate your life, disability, health, vehicle, property insurance covers and ensure adequate coverage. We can help.
- Ensure nominations for all your financial instruments are up-to-date.
- Make efforts to ensure uniform name across PAN, Aadhaar, Passport, Birth Certificate, Education documents, Bank Accounts, Mutual Funds, Demat, Property Documents, etc.
- Make a Will and keep it updated.
- Your family must know about all your investments & insurance. PFA the excel template. You can customise it to your needs.
Disclaimer: Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. Information herein is only for reference purposes and does not constitute investment advice.
