NISM 10A Investment Adviser Level 1 Notes
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Monitoring Budgets: Regular review ensures budgets align with financial goals and savings targets.
Personal Balance Sheet: Summarizes assets and liabilities to assess net worth.
Net Worth Calculation: Assets minus liabilities, indicating financial stability and progress.
Savings Plan: Structures income allocation to meet short- and long-term financial goals.
Contingency Planning: Prepares for unexpected expenses through emergency funds or insurance.
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NISM 10A NISM Investment Adviser Level 1
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