NISM 10A Investment Adviser Level 1 Notes
Page 19 Of 181
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Cash Flow Management: Ensures income meets expenses, preventing cash shortages through budgeting.
Household Budget: Lists income and expenses to track financial health and savings potential.
Cash Inflows: Include salary, business income, and investment returns, critical for budgeting.
Cash Outflows: Cover essential and discretionary expenses, impacting savings capacity.
Budgeting Process: Involves forecasting income and expenses to plan savings and investments.
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NISM 10A NISM Investment Adviser Level 1
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