Financial Freedom

1. Financial Freedom Presented by: Aadil Kadri Certified Financial Planner

2. Presenter Contacts Aadil Kadri Manager Advisory Certified Financial Planner, FPSB – India , Continental Financial Services Mobile          +971 50 5250261 Office / Fax  04 3353433 / 04 3352553 Email  :aadil.kadri@gmail.com / aadil@continental-intl.com To read my blog please click the below link: http://aadilkadri.blogspot.com/ “Celebrating 15th year of successfully helping people realise their financial dreams”

3. Objectives Advantages / Disadvantages of Credit cards Awareness of Financial Planning By the end of this session the participant will be aware

4. Vision • To make people well versed and well equipped with the importance of FINANCIAL PLANNING. Mission To offer my time, money and energy for the betterment of People. To help people plan for the expected and unexpectedmoments of Life. To continuously contribute to the society and follow values of integrity, honesty and humility.

5. Purpose of Coming to UAE What is required to save money “Financial Planning” Otherwise……..our money……!!!

6. How we can AIM FINANCIAL FREEDOM Debt Management – Control on Income v/s Expenses Financial Planning Record Keeping Procrastination

7. Debt Management – Control on Income V/s Expenses Budgeting Cutting Expenses Ways to Get in the Debt Issues while in Debt Steps to come out of Debt

8. Ways to get in Debt Living beyond means Credit Cards Flashy Lifestyle Personal Loans

9. Ways to get in Debt

10. Issues when in Debt Financial Issues Family Issues Health Issues Legal Issues Loss, Peace of Mind

11. 7 steps to come out of Credit Card Debt Acceptance Snowball effect Increase your Income Loan from your Fixed Deposits Personal Loan to Pay off your credit card debts Talk to the bank Get Professional help

12. Financial Planning What is Financial Planning? Why you need Financial Planning ? Who needs Financial Planning? How to do Financial Planning?

13. Why we need Financial Planning? Basically to “SAVE” S = Systematic A = Accumulation (of your) V = Valuable E = Earnings

14. What is L I F E??? • L = Beginning of your Life • ? • ? • ???????? What lies in between ???? ……… • ? • ? • E = End of your Life

15. Planning of Unexpected / Emergencies Life Insurance Health Insurance INSURANCE Accident Insurance Critical Illness Insurance

16. Planning of Financial Goals / Milestone Education Planning Retirement Planning Family Goals / Milestone Dreams / Aspirations Buying House

17. Different Life Stages of Financial Planning Retirement Emergencies???? Kid 2’s Marriage Kid 1’s Marriage Do you want to compromise on your living standard after your retirement ???? House Kid 2’s College Income Car Kid 1’s College Kid 2 Kid 1 Marriage Savings / Investing Earning Life 0 25 60 Retired Life Birth and Education 75 + Age

18. Concepts that helps to achieve Financial Planning Save and Spend Formula for Savings : Who is Rich ??? Pay Yourself first Tin Can Concept Power of Compounding Pyramid of Life

19. Concepts that helps to achieve Financial Planning Category 1 Category 2 Formula for saving Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Spend Save Income – Expense = Savings Formula for saving in new age Income – Savings = Expense Save??

20. Who is Richer ????? Client A Client A 35 yrs 35 yrs 55 yrs 55 yrs 20 yrs 20 yrs Savings term Savings term AED 20,000 Income AED 20,000 Income Client B Client B 35 yrs 35 yrs 55 yrs 55 yrs 20 yrs 20 yrs Savings term Savings term AED 5,000 Income AED 5,000 Income AED 50,000 Savings AED 200,000 Savings

21. Pay Yourself First 30% R E N T (9 – 10) days 20% S C H O O L (5 – 6) days 10% G R O C E R Y (3-4) days 10% B I L L S (3-4) days 10% M I S C (3-4) days 10% D E B T (3-4) days 10% B A L A N C E (3-4) days 100% - Income for 30 days

22. Tin Can Concept 2% 3% 5% A B C

23. Power of Compounding Option 1 : Gets AED 100000 for next 31 days Option 2 : Gets 1 fils per day doubling every day for next 31 days. AED 2.14 billion : Power of Compounding !!!!!! AED 2,14,74,834

24. Pyramids of Life Still working to make ends meet Financially Independent 3% 13% Dead 21% Financially dependant on charity or relatives . 64% Survey shows out of 100 people who reach to age 65 years

25. Financial Record Keeping Try Solving some 2:00 AM - NIGHTMARE Questions in YES / NO Have I informed my spouse about all my assets and liabilities ? Have I informed my spouse about the loans taken & loans given ? Does my spouse knows where ALL our original documents are kept ? Does my spouse knows who to contact in case of emergency ? Are we prepared for an unforeseen circumstances ? Does my spouse knows whom to contact in emergency ?

26. Procrastination I will explain this to you all TOMORROW …… Tomorrow that never comes ……. So….. DO IT NOW

27. So what’s your KEY to success? “ AIM Financial Freedom ” Start savings Early Save / Invest Regularly Save/ Invest – Medium to Long Term Plan

28. Questions and Answers Thank You

29. Presenter Contacts Aadil Kadri Manager Advisory Certified Financial Planner, FPSB – India , Continental Financial Services Mobile          +971 50 5250261 Office / Fax  04 3353433 / 04 3352553 Email  :aadil.kadri@gmail.com / aadil@continental-intl.com To read my blog please click the below link: http://aadilkadri.blogspot.com/ “Celebrating 15th year of successfully helping people realise their financial dreams”