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FINANCIAL PLANNING GUIDE

  Understanding Your Current Financial Situation Before you can start planning for the future, it's crucial to understand where you stand today . This involves taking a close look at your income, expenses, assets, and liabilities. Here's how to get started: Calculate Your Net Worth: Subtract your total liabilities (debts) from your total assets (what you own). This gives you a snapshot of your financial health. Track Your Income: Identify all sources of income, including your salary, investments, and any side hustles. Monitor Your Expenses: Track where your money goes each month. Use budgeting apps, spreadsheets, or even a simple notebook. Categorize your expenses to identify areas where you can cut back. Setting Financial Goals What do you want to achieve financially? Do you want to buy a house, retire early, pay off debt, or save for your children's education? Setting clear, specific, measurable, achievable, relevant, and time-bound (SMART) goals is essential fo...
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How will you plan against any natural Calamity in your area HSC OCM Project

INTRODUCTION A  natural Calamity  is a major adverse event resulting from  natural  processes of the Earth; examples are floods, hurricanes, tornadoes, volcanic eruptions, earthquakes, tsunamis, and other geologic processes. A natural disaster can occur at any time. Some disasters give a warning, such as a storm preceding a flood. Others, such as earthquakes, give little or no warning. Once a disaster happens, the time to prepare is gone. The best way to cope with a natural disaster is to prepare by having a plan before it strikes. Disasters vary in size, from smaller events such as a storm affecting a single suburb, to large-scale events that can affect whole cities or large areas that cross state boundaries. As a result of disasters, people may be injured or killed, or may lose their homes and valuable possessions. It is important to protect your family, home, business and assets from such events. Insurers provide society with the means to do this. ...
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A Report on "Oppening an Demat account" (HSC PROJECT)

DEMAT ACCOUNT OPENING *************************************************************************************************** INTRODUCTION Demat Account is an account that is used to hold shares and securities in electronic format. The full form of Demat account is a dematerialised account. The purpose of  opening a Demat account  is to hold shares that have been bought or dematerialised (converted from physical to electronic shares), thus making share trading easy for the users during online trading. In India,  Free Demat account  service is provided by depositories such as NSDL and CDSL through intermediaries / Depository Participant / Stock Broker such as Angel Broking. The charges of Demat account vary as per the volume held in the account, type subscribed, and the terms and conditions laid by the depository and the stock broker. Aims and objectives of a Demat Account There are multiple reasons why the  Demat account opening  has been promote...
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