Secret of money making

Priyanka Srivastava

Jun 2021 · Walnut Publication

About this ebook

The title of the book secret of money-making is about personal financial planning. The reader will know the importance of the wealth cycle. Wealth-cycle epitomizes the relationship between the flow of money and a person's life. It is a precise and simple way to look at your entire financial life and quickly figure out your position and make investment decisions, wealth protection plans and plan for successor or transfer of wealth. Developing a wealth management plan will secure one’s financial independence. Birth, childhood, graduation, early employment, marriage, children, education/marriage of children, and retirement -- these are the life phases that people normally go through. The asset allocation and investment choices that are made would need to keep the life cycle in mind.

Thus, in the early stages of one's professional career, the investment mix would be more like that set out above for the "Accumulation" phase in the wealth cycle. Towards retirement, it would be more like the "Distribution" phase in the wealth cycle. The investment mix would need to specifically provide for expected spikes in expenses in between ("Transition" phase), such as for buying a house, the marriage of children, etc.

About the author

I’m an MBA in finance, a Mutual fund distributor since 2010, Director founder of the financial services company Fidelity Advisory Services Private Limited www. Fasplindia.com.

Having trained in BC/BF by AAFM (American Academy of Financial Management) in association with NSDL (National Securities Depository Limited), Business Correspondents and Business Facilitators (BCBF) course include representatives appointed by the banks to supply banking services and act as an agent in the respective locations where the bank will not have a presence so as to push money inclusion. 

I’m a mother of two lovely kids Garv and Atharv, have a lovely supportive husband and family, I have always tried new things in life, writing a book is again a new venture for me. My inspiration in my life is my kids and the young generation in whose life I want to contribute what I know the best.