Feeling overwhelmed about where to start with your personal finances? Whether it’s buying a house, taking a loan, or planning investments, financial clarity starts with one step: planning your liabilities and assets.
At GSA, we help individuals make smarter money decisions by striking the right balance between emotional needs and financial logic.
Understanding the Two Sides of Personal Finance
- • Planning Your Liabilities: This includes managing loan repayments, deciding whether to take a new loan (e.g. for a business or home), or refinancing existing debts.
- • Planning Your Assets: This covers investment planning, acquiring property, building financial portfolios, and generating future wealth.
- • Both are equally important—and must be aligned to your income, goals, and lifestyle.
Planning Liabilities the Smart Way
- • Investment-Linked Loans: If a loan is taken for a business or investment with strong growth potential, it might be worth the risk.
- • Dead-Cost Loans: Loans for depreciating assets or unnecessary consumption can drain your finances. These decisions need careful thought.
- • Emotional vs Financial POV: For example, buying a house. Financially, renting may make more sense short term. But in India, emotional security in owning a home matters—and that's valid too.
- • Every decision needs a balance between logic and life priorities.
Planning Your Assets: What's Your Risk Appetite?
- • Low Risk, Stable Returns: Fixed deposits, bonds, PPF
- • Moderate Risk: Mutual funds, hybrid funds
- • High Risk, High Reward: Stocks, startups, real estate speculation
- • Once you understand your risk appetite, asset planning becomes more aligned and efficient.
How GSA Can Help
- • Evaluate your liabilities and suggest optimal repayment strategies
- • Help you choose the right asset classes based on your goals and risk profile
- • Mix financial logic with emotional well-being
- • Craft a customized personal finance blueprint that evolves as you do
Ready to Take Charge of Your Finances?
- • Let’s create a personal financial plan tailored to your income, your goals, and your lifestyle.