NISM 10A Investment Adviser Level 1 Notes
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Savings Allocation: Divides savings across goals based on priority and timeline.
Contingency Fund Size: Recommends adequate reserves based on lifestyle and income stability.
Balance Sheet Updates: Tracks changes in assets and liabilities for accurate net worth.
Cash Flow Timing: Matches income and expense timing to avoid cash flow mismatches.
Financial Goals Alignment: Ensures budgets support long-term objectives like retirement.
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NISM 10A NISM Investment Adviser Level 1
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