Investment Insurance and Retirement Planning

Planning a Family or Personal Budget How to create your own home budget. Understand and Estimate your Current Spending Patterns • Track your monthly spending and try to account for every Rupee spent. • For the next month or two, think very closely about how your money is spent. • Every time you buy something, pay a bill, or dispose of any of your money, make a strong mental note of what it is being spent on. • Better, at the end of each day write down list of expenditure and for what it was used on a piece of paper. • Try to think critically about each Rupee spent and whether or not it was a required expense. Create your current budget. • Now it's time to create your Home or Personal Budget. • To do this, you need to quantify all of the spending patterns. • You need a budget to check if you are on the right track to savings and investments. • A budget will also keep a ( % ) tab on your daily spending habits. • So be sure not to overlook small or routine expenses. • Be realistic

Presenting LIC's MARKET PLUS-I Unit Linked Pension Plan Available Without Risk Cover Also Available Upto 74 years of Age Fund Management Charges Reduced Death Benefit : Life Cover Sum Assured + Policy Holders Fund Value (if life cover is opted for) Single Mode Premium Available Top Up Facility Available Critical Illness Benefit Available Accident Benefit Available

LIC’s Jeevan Varsha is a close ended Money Back Plan with Guaranteed Additions . The plan provides for periodical payments of a proportion of Sum Assured at specified durations, on survival during the term of the policy and on maturity. The Plan provides for payment of Sum Assured on death. Guaranteed Additions are payable on death and Maturity. Loyalty Additions may also be payable during the last year of the policy on both maturity and death. The plan will be open for purchase from 16th February, 2009 to 31st March, 2009. For more Details : http://justyourmoney.blogspot.com/

Lic’s Jeevan Aastha (Plan No.195) A single Premium Assurance Plan With Guaranteed Additions And Loyalty Additions Benefits a) Death Benefit : On death during the first policy year : Basic Sum Assured with Guaranteed Addition. On death during the policy term after first policy year, excluding last policy year: 1/3rd of Basic Sum Assured with Guaranteed Addition. On death during last policy year : 1/3rd of Basic Sum Assured with Guaranteed Addition along with loyalty Addition, if any. b) Maturity Benefit : On maturity, the Maturity Sum Assured along with Guaranteed Addition and loyalty Addition, if any,shall be payable Maturity Sum Assured shall be 1/6th of Basic Sum Assured. c) Guaranteed Addition : The policy provides for Guaranteed Addition at the following rates: · Rs.100 per thousand of Maturity Sum Assured per year for a policy of 10years term. · Rs.90 per thousand of Maturity Sum Assured per year for a policy of 5years term. d) Loyalty Addition :

Q. What do you mean by Saving Money ? A. Saving generally means putting money aside . Specifically to show you different ways to save money .what ever your current financial situation, there is plenty of information on this blog to help you achieve your money goals . You are saving money while you are travelling , Saving money while shopping for your garments, Saving money while purchasing daily utilities, Saving money while using phone, electricity,gas,petrol in car and reducing your utility bills , You Are Saving Money . Saving money when you are buying household item from super store as per list prepared before leaving house, you are saving money when you understand budgeting , make monthly budget to spend money, then weekly budget and ultimately daily budget to buy item of your requirement . Don't just reach the super store take pickup trolley and start putting item by just guessing 'yes I need this and this' ' o' wao this offer is good, better, be

LIC Products (Policies) Whole Life Policy, Endowment Policy, Term Policy, Money Back Policy, Joint Life Policy, Children's Policy, Pensions Plans or Annuities, Women's Policy, Special Plans, Group Insurance Policy are some of the policies from the LIC of India. Jeevan Anand This plan from LIC India is a combination of the Whole Life Plan and the most popular Endowment Assurance Plan. The Jeevan Anand plan provides the pre-decided Sum Assured and Bonuses at the end of the stipulated premium paying term, but the risk cover on the life continues till death. Komal Jeevan The Komal Jeevan plan is specially made for the children between age of 0 to 10 years. This paln guarantees a return @ 7.5 % p.a on Sum Assured. Premium payments are limited upto the 18 years of the child. Special Benefits can be added to the policy to ensure FINANCIAL SECURITY of your child even in your absence. LIC Endowment Policy The Endowment Assurance Policy The Endowment Assurance Policy-Limited Payment J