Steps In Financial Planning For Your Money
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What's inside?
Create a budget (and stick to it)
Pay yourself first
Cut down your discretionary spends
Start an SIP
Improve your debt situation
Conclusion
lessons 2021 taught us about investing
IN ADDITION TO THESE ASPECTS OF YOUR FINANCIAL PLAN, WHY NOT ADD A BONUS ELEMENT FOR YOUR INSURANCE?
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Disclaimer
1 Provided all due premiums are paid
ABSLI Nishchit Aayush Plan. This is a non-linked non-participating individual savings life insurance plan. UIN No 109N137V06
^ - Provided 0 year deferment & monthly income frequency is chosen at the time of inception of the policy.
~ Male- 25 yrs invests in ABSLI Nishchit Aayush Plan with Level Income + Lumpsum Benefit. He chooses premium payment term 10 yrs , policy term 40 years, benefit option -Long Term Income, Sum Assured 7 times of Annualized Premium and Deferment Period 0 years. Annualized Premium is ₹1,20,000 (Exclusive of GST.). Annual Income of ₹45,900 (45,900*40=18,36,000) + Maturity Benefit (₹16,80,000)= ₹35,16,000
ADV/2/21-22/2227
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