[[P.S. I hope this is not outside of the mandate of posting on this forum. Do let me know if so.]]
Cut to 3rd May, 2020
Foram (my fiancée): Abhishek, I have an extra INR X lakhs lying around - where should I invest it.
Me (in my head): Fck! I only know FDs and Startups and that's not a great answer to give to her now, is it.
Me (to her): Let me think about it and come back to you, hon.
As I went about my own journey learning and exploring, it was rife with challenges, and just overwhelming more than anything else. I figured it'd make sense to create something that helps people get started and do a better job of it all - even if not perfect.
Here we are, nearly four months later, I've built and executed my plan - and ... created a course for helping you with your personal financial planning!
Get the course here: Aggy | Thinking Through Personal Financial Planning
More details about the course
This is a course that will help you think through your personal financial planning - it's a combination of learning and doing, and goes beyond just 'understanding' to 'executing'.
The whole course will take you about 2 weeks to go through, absorb, and get started with implementation.
It is a structured, and detailed guide in the form of a Google Document, and an excel worksheet to work on your planning and put it together. I have liberally added external links and reading material that I believe would be helpful.
This course is applicable to everyone, whether you're single, have a partner or have dependents.
The course is split into the following modules.
Module 1. Building an Annual Income and Expenses Plan
Module 2. Status Quo and Emergency Funds
Module 3. Life Goals and Retirement Planning
Module 4. Insurance
Module 5. Allocating Investments across Asset Classes
Module 6. Deciding on the Actual Assets & Advisors
Module 7. Execution of the Plan
Again - you can get the course here: Aggy | Thinking Through Personal Financial Planning
Here’s what a few people have had to say about it:
B V Harish Kumar said: "I was in the process of making a ready-reckoner for personal finance
when I came across this ‘plan’ by Aggy. And now I plan to just point everyone to this.
It has to be the most thorough, easily actionable plan that I have come across. Aggy has
distilled the wisdom from so many different sources - books, websites and has curated the
best resources and advice and put it all in one place.
Now all you have to do is take this and make your decisions and get going. While this may seem
like it’s for the beginner, I think there is enough for someone who’s already on this journey
that they can use to uplevel their personal financial planning.
In short, the recommendation is BUY."
Kartic Rakhra says: "I've long wanted to get my finances in order. Aggy's course turns this nightmarish task into an engaging, step by step process that helped me finally get the job done."