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    The document contains a financial summary of various income and expense items organized by individual categories including son's marriage expenses, sister's marriage gift, business losses, SIP losses, child insurance premiums, education loans, job switch with higher pay, FD maturity returns, land purchase, and mutual fund profits. Each category provides a brief description of a financial transaction and whether it resulted in losses or gains.

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    Financial Management

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    The document contains a financial summary of various income and expense items organized by individual categories including son's marriage expenses, sister's marriage gift, business losses, SIP losses, child insurance premiums, education loans, job switch with higher pay, FD maturity returns, land purchase, and mutual fund profits. Each category provides a brief description of a financial transaction and whether it resulted in losses or gains.

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    11 views4 pages

    START

    Uploaded by

    arun.e24
    The document contains a financial summary of various income and expense items organized by individual categories including son's marriage expenses, sister's marriage gift, business losses, SIP losses, child insurance premiums, education loans, job switch with higher pay, FD maturity returns, land purchase, and mutual fund profits. Each category provides a brief description of a financial transaction and whether it resulted in losses or gains.

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    of 4

    FINANCIAL MANAGEMENT

    ARUN FRANCIS CHETAN KUMAR HAMISH RICKY VIGNESH SAMPRATHI


    23020848004 23020848007 23020848012 23020848032
    SON’S LOSS
    MARRIAGE FROM
    BUSINESS

    LOSS ON
    SIP

    CHILDREN’S
    EDUCATION
    JOB
    SWITCH

    SISTER’S
    PROFIT ON MARRIAGE
    MUTUAL
    FUND

    PURCHASE INSURANCE
    OF LAND

    START
    SNAKE
    SON'S MARRIAGE - YOUR SON IS GETTING MARRIED. YOU INCUR HUGE EXPENSES
    ASSOCIATED WITH YOUR SON'S MARRIAGE.

    SISTER'S MARRIAGE - WITH HEARTFELT CONGRATULATIONS AND BLESSINGS YOU GIVE A


    MONETARY GIFT FOR YOUR SISTER ON THE DAY OF HER MARRIAGE.

    LOSS FROM BUSINESS - YOUR BUSINESS HAS INCURRED A HUGE LOSS DUE TO THE LACK OF
    TECHNOLOGICAL ADVANCEMENTS.

    LOSS ON SIP - ECONOMIC DOWNTURNS AND UNFORESEEN MARKET EVENTS SIGNIFICANTLY


    CONTRIBUTE TO LOSSES. AS YOU HAVE BEEN INVESTING EVEN WHEN THE MARKET KEPT
    FALLING, YOU HAVE INCURRED A LOSS ON THE SIP YOU'VE INVESTED IN.

    CHILD INSURANCE - INVESTMENT CUM INSURANCE PLANS THAT HELP TO PLAN YOUR
    CHILD'S FUTURE FINANCIAL REQUIREMENTS BY ACCUMULATING MONEY OVER A PERIOD
    OF TIME. YOU HAVE TAKEN A POLICY IN YOUR DAUGHTER'S NAME FOR THE SAME.

    CHILDREN’S EDUCATION - YOUR CHILDREN WISH TO CONTINUE THEIR STUDIES ABROAD. YOU
    HAVE BORROWED A LOAN FROM THE BANK FOR THE SAME.
    LADDER
    JOB SWITCH - YOUR CURRENT JOB DOES NOT PROVIDE YOU WITH ENOUGH FINANCIAL
    REQUIREMENTS, SO YOU HAVE DECIDED TO TAKE UP A NEW JOB WITH A
    COMPARATIVELY HIGHER PAY.

    FD MATURITY - THROUGH AN FD, YOU HAD INVESTED A CERTAIN SUM OF MONEY FOR A
    FIXED PERIOD AT A PREDETERMINED RATE OF INTEREST. AT THE END OF YOUR FD
    TENURE, YOU HAVE RECEIVED THE AMOUNT DEPOSITED WITH INTEREST.

    PURCHASE OF LAND - LAND IS AN APPRECIABLE ASSET. YOU HAVE PURCHASED A PIECE


    OF LAND IN A METRO CITY. THE FUTURE VALUE OF THE LAND WILL BE THRICE THE
    AMOUNT YOU HAVE INVESTED.

    PROFIT ON MUTUAL FUND - THE ASSET MANAGEMENT COMPANY HAS CREDITED YOUR
    RETURN ON INVESTMENT TO YOUR BANK ACCOUNT. YOU HAVE RECEIVED HIGHER
    RETURNS.

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