let us revisit all that we learnt from our teachers
and see how those lessons can help us plan our finances.
FinGuru
Give a man a fish and you feed him for a day;
Teach a man how to fish and you feed him for a lifetime.
Be Patient:
organised? Organise your personal finance information,
with a one-stop checklist like iLocker
Remember how your teacher encouraged you to
maximise your opportunities by participating in
debate, art, sports and other activities?
Similarly, maximise your opportunities across
asset classes- equity, fixed-income, liquid cash,
real estate etc.
Be disciplined with your investments, and reap the rewards
Remember how your teacher patiently waited till you got your sum right?
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SEPTEMBER 2021 | VOL. 4
FinGuru
and our learning begins at home.
Ma-Bauji, Amma-Appa, Mummy-Daddy, Ammi-Abbu,
Aai-Baba… and so many more!
No matter what we called our parents, we all turned a deaf ear when
they tried to teach us basic lessons when we were kids. It is only as
adults, do we realise the wisdom of their words!
This Teachers’ Day, let us look back at the lessons taught by our
parents, that can help us even today.
SEPTEMBER 2021 | VOL. 4
who don’t get any!
Always save for a rainy day!
Reduce waste, optimise your resources!
Slow and steady wins the race
Small and regular savings can help you achieve big goals.
Keep some part of your pocket money in the piggy
bank, before splurging the rest!
Save first for important goals, then spend from what is left over.
Keep money aside for emergencies.
Money doesn’t grow on trees!
Respect money and use it wisely. It takes a lot of time
and effort to earn.
If we have the will to learn.
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Let us observe some valuable lessons that sports can teach us.
It is not just the people in our lives who have wisdom to share. There is
much to learn from fields like entertainment and sports, as well.
LESSONS FROM SPORTS
This helps athletes prepare the right strategy and work according to it.
Similarly, it is important to identify your financial goal and then invest for it
using a suitable goal-based model portfolio.
Set a clear goal
CHECK PRE-QUALIFIED LOANS
Daily practice and years of effort are essential to achieve the goal
of winning a medal.
Similarly, a big goal like having one’s own home or car can be
achieved through small, but regular EMIs.
There is no shortcut to success
Be it javelin throwing or wrestling, using the right technique is crucial.
Just as knowing your Risk Profile is essential for choosing suitable
investment options.
KNOW YOUR RISK PROFILE
A coach monitors an athlete’s progress and revises the regimen accordingly.
Similarly, monitor your investments and make course corrections, as
required.
EXPLORE MONEYCOACH*
Sprinters work on strengthening their whole body, not just their legs.
Similarly, it is important to diversify your portfolio across asset classes.
Work on your overall fitness, not just your focus area
EXPLORE INVESTMENT OPTIONS
Thank you.
We hope you
liked going through
short and simple quiz, based on what we
have covered in The Orange Book so far.
CLICK HERE
SEPTEMBER 2021 | VOL. 4
*ICICI Bank Limited is a AMFI Registered Mutual Fund Distributor. Mutual Fund investments are subject to market risk. Read all
scheme related documents carefully. T&C Apply.