Personal Finance Workshops: The 6 modules

I told Sundar in the interview that I was planning some modules for a personal finance workshop. These workshops/ seminars will be focused towards heads of households hoping to make better financial decisions and avoiding financial mistakes in the future. Here are the details and I would love to hear suggestions.

Mission

To empower people, through financial principles and practical help, make successful financial decisions and becoming financially independent.

Workshop Content:

Module 1: Money and Family: Understanding yourself

• Money and Family,
• Financial IQ and risk profiling
• Financial Goals
• Budgeting

Module 2: Living Within Your Means

• Maximizing Income
• Savings and Smart Spending
• The Cost of Consumer Credit, and Other Financial Traps
• Debt Elimination

Module 3: Saving and Investing: The Road to Freedom

• Principles of investing
• Starting Early and the magic of compounding
• Rupee Cost Averaging
• Bonds, Stocks, ETFs, Real Estate and Mutual Funds
• Asset Allocation Strategies and Pitfalls

Module 4: Emergencies, Credit and Home Ownership

• Emergency Funds
• Building Credit
• Rent vs. Buy Decisions
• Borrowing Capacity, Mortgage Options and Down Payments

Module 5: Insurance: Your Security Cover

• Principles of Insurance
• Term, Endowment, Money back, ULIPs
• Insurance on You, Your Spouse: Life, Disability and Health
• Insurance on What You Own: Home and Auto

Module 6: Taxes, Educational & Retirement Planning

• Understanding Tax Terms, Tax exemptions for Education, Retirement Savings, Home loans, Child and Dependent Care
• Tax Deductions, Retirement Tax Planning

Waiting for your suggestions and questions .