BSGN3001 · WEEK 7

Make sense of money.
Plan your future.

Study personal finance, cash flow, inflation, compounding, tax, and investing through the course examples.

8 study sections15 illustrations1 resource
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Study sections

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01

Introduction to Fiscal and Economic Sense — The Wealth Mantra

You will earn money for maybe 30–35 years. But you may live for 80–100 years. Who pays your bills for the other 50 years? This week is…

1 illustrations
02

Money Stories — Compounding, and Good vs Bad Loans

A washerwoman who earned very little gave about ₹1.3 crore to a university. A tennis champion who won about ₹200 crore went broke. The…

2 illustrations
03

Basics of Personal Finance — The 9-Point Action Plan

The lecturer calls this the most important lecture of the week. Nine simple habits, started at 20, can carry you to financial freedom.

3 illustrations
04

Cash Flow vs Life Span

A cricketer may earn the most at 25. A software engineer may earn the most at 45. A doctor may earn the most at 60. Same country, very…

1 illustrations
05

Returns, Inflation and the Power of Compounding

Your uncle says, “I made 48% on my flat in 5 years — almost 10% a year!” Did he really? And did he even beat rising prices? This page t…

2 illustrations
06

Indian Income Tax — 5 Heads and Two Regimes

The government builds roads, power lines and highways. Where does the money come from? Partly from you, through income tax. This page e…

1 illustrations
07

Employee vs Entrepreneur — Taking Calculated Risks

Out of 100 new companies, only about 15 are still alive after 3 years. Yet some of those 15 change the world. Should you take a job or…

2 illustrations
08

Asset Allocation, Saving and Investing Options

Companies make a balance sheet every year. So should you. If you don’t measure what you own and owe, you can’t improve it.

3 illustrations