THE AUGUST 2021 | VOL.

ORANGE
BOOK
Leverage your FINANCIAL QUOTIENT

Responsible
Rajat
Cheerful @30s
Chellam
@60s

Inspirational
Indranil
@50s
Methodical
Meeta
@40s
Trendy
Tanya
@20s

FINANCIAL
FREEDOM
 Financial Freedom
For The 20’s:
The Insta-Gen

rendy Tanya
25 YO MBA, I sell soaps through stories.
1560 485 Fashion is my passion, Dance is my obsession,
Fans Posts Love exploring unknown destinations.
Living and thriving by myself in the big bad
city and loving it !
Become a Fan Send Message

Common mistakes to be
I splurge on avoided in the 20’s
Not preparing a budget, making impulse purchases
Latest gadgets
Revolving credit, i.e. not paying the full Credit Card bill
every month
OTT plaorm subscriptions
Income = Expenses, i.e. not having an emergency fund
or saving for the future
Travel
Not starting with investments and insurance early

Not discussing finances with parents and family,

not being aware of legacy assets or liabilities
I aim to
How have I secured my
Stay updated :
financial freedom for my 20’s?
On the latest smartphone
Used the EMI option for big purchases,
The smartest gadgets and paid EMIs on time to ensure a
good CIBIL score
The trendiest clothes
Chose a Credit Card with the
And swankiest accessories best deals & cashbacks, and used it
carefully Know More

Started monthly SIP to automatically

My 5-year plan save every month Know More

Made investments in ELSS, Life Insurance,

A career jump Health Insurance to save Income Tax u/s 80C
& 80D and to pay less insurance premiums by
Own my first car starting early

Discussed with my parents about a

Travel succession plan
internationally

l Make a Income - Learn about the Power of

ancia Savings =
My Fin dom monthly
Expenses i.e.
Compounding and use it
Free as budget save first, to convert small savings
Mantr and stick to it then spend into huge corpus

AUGUST 2021 | VOL. 3

 Financial Freedom
For The 30’s:
The Power Gen
esponsible Rajat
363 1240
Fans Posts Sr. Project Manager in India’s Silicon Valley
Tech and innovation keep me charged up, my
family helps me wind down.
#ThrivingAtThirtyFive
Become a Fan Send Message

I splurge on Common mistakes to be

avoided in the 30’s
Overlooking the Emergency Fund, i.e. not
Top-end Smart home having a safety net of 6 months’ living
gadgets appliances expenses

Holidays and Not saving for your kids’ higher education

weekends with my
family and friends Having inadequate Life and Health Insurance

Not anticipating liquidity needs in near

I aim to future while taking loans with high EMIs

How have I secured my

Move into a home Get my child financial freedom for my 30’s?
owned by me, from into one of the
a rental one best schools Opened a PPF Account &
Fixed Deposits for
my child’s future Open FD

Start a corpus Get a good Opened an NPS Account

for my child’s sedan/SUV for retirement planning Open NPS
future
Started monthly SIPs and
My 10-year plan equity investments for the
long term

Understood and started making

use of the 8th wonder of the world -
Top management The Power of Compounding -
Job to convert small savings into a
large corpus

30 years 20 years 15 years 10 years At 7% returns

on `25000,
`3.07 `1.31 `79.70 `43.52
cr cr lakhs lakhs Investment p.m

l
ancia
Create Goal based investments
My Fin dom to leverage the power of Get 360-degree Start creating assets
Free as compounding by staying protection for early - it is never too

Mantr invested for the tenure the family through early to buy a home
of the goal adequate insurance

AUGUST 2021 | VOL. 3

 Financial Freedom
For The 40’s:
The Achievers Gen

ethodical Meeta
527 743 Senior Vice President @ABC Lifesciences, Mumbai
Fans Posts A seasoned investment professional with 20+ years
of experience. My strength lies in identifying the next
big opportunity before it becomes big and using it to
steer my organisation onwards and upwards.
Become a Fan Send Message

I splurge on

How have I secured

financial freedom for my 40’s?
Elite club Luxury travel, Upkeep of
memberships 2 holidays my home,
every year to make it look
at its best Topped up my
I wish to
insurance coverage

Retain current Send my Ensure my Monitored my

lifestyle post kids abroad parents and
retirement for higher in laws are retirement goals
education well looked with an expert advisor
aer
My 10-year plan
Diversified my investments
optimally across
A lavish destination Opt for an early
wedding for retirement and
my children start my consultancy

equity fixed
Common Mistakes to be income
avoided in the 40’s
Kept high-ticket impulse
Excessive splurging on the finer
things in life purchases
Having inadequate Life and under control
Health Insurance
Absence of an Emergency Fund
and therefore dependence Paid off
on credit significant parts
Not paying off of my loans
a significant
chunk of loans consistently
Taking investment
decisions based on returns
only; ignoring the risks involved

l
ancia Create an
My Fin dom Use the 40’s as a
mid-point in life to
Pay off Have adequate
Life and Health
Independence Fund
Free as pending to reduce dependence
Mantr
take stock of goals loans Insurance on salary and start
and readjust the plan on one’s own

AUGUST 2021 | VOL. 3

 Financial Freedom
For The 50’s:
The Wise Gen
nspirational Indranil
54, General Manager at a Multi-National Pharma
964 325 Company
Fans Posts Married to @SugandhaGupte, Father to
@Rudra and @Reeva
Studied at Mumbai University
Speaks English, Hindi, Bengali
Become a Fan Send Message

Common Mistakes to be
I splurge on
avoided in the 50’s
Personalised Failure to consolidate assets, scaered investments,
luxury holidays including some in risky institutions
Dipping into retirement kiy for emotion-driven
My kids, reasons, e.g. funding kids’ education abroad, dream
studying wedding for kids, buying a holiday home
abroad Not realigning one’s porolio from equity-heavy to a
more balanced one
Inadequate income replacement corpus for
I aim to post-retirement years

Provide a destination Delay in succession planning, preparing a will, omission

wedding for my kids in registering nominees

How have I secured my

Sustain my current financial freedom for my 50’s?
lifestyle even aer
retirement Consolidated my assets &
investments with financial
institutions of high standing, that
have a strong digital presence and
My 10-year plan trusted advisory

Smooth transition Exercised discretion in emotional /

to post-retirement lifestyle expenses, kept my
life and occupation retirement corpus intact Know More

Align investments Realigned my porolio by increasing

to generate a steady allocation to long term, high-rated
income aer debt instruments
retirement

Prepared my will and ensured

nominee registration in all
my assets & investments

l
ancia Predictability trumps
My Fin dom Introspect. profitability, i.e. opt for
Tough Love is True
Free as Calibrate.
certainty of cashflows Love. My retirement
Mantr over fluctuating corpus is sacrosanct.
Consolidate. market-linked cashflows.

AUGUST 2021 | VOL. 3

 Financial Freedom
For The 60’s:
The Golden Gen
heerful Chellam
327 1028
Fans Posts 63 by age, 36 by heart !
Shining through my golden years. Celebrating
the best years of my life.
Become a Fan Send Message

My wish Common mistakes to be

Live my passion, avoided in the 60’s
while conserving
Being too trusting, especially of online
my money
‘prizes’ and ‘lucky draws’
Being gullible when someone seeks
Travelling with my wife confidential information like passwords
is my only indulgence & OTPs
Geing lured by high and unrealistic
I aim to guaranteed returns
Rearview thinking when it comes to
Keep myself meaningfully investments - one oen tends to invest in
and pleasantly occupied something that has done well rather than
what may do well
Overspending today, thinking that one’s
Give back to society,
children shall take care of expenses in the
through volunteership
future
Stay healthy, with
proper diet and exercise
How have I secured my
financial freedom for
my 60’s and beyond?
My 10-year plan
Planned my cash flows
Aer having accumulated post retirement,
for so long, reorient my with the help of an
savings to generate a experienced &
sustainable long term trustworthy advisor
regular income
Continued with
Create a nest egg for
my grandkids, for Health Insurance
when they grow up for me and my wife

Take a 360-degree view Regularly assess the

l and periodically
ancia while investing and consider
My Fin dom
aspects like historical
Free as performance and popular
Mantr trends like IPOs, but not get
swept by any one point.
Inventorise all assets
Make a will, all
suitability of investment
nominations in
choices such that they update all willed
various investments
match my needs, ideally
should be ideally beneficiaries/nominees.
with the help of an You can use iLocker for
experienced advisor /
trustworthy Banker.
aligned with
the will. the same.
Get iLocker

AUGUST 2021 | VOL. 3

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JULY 2021 | VOL. 2