Your Everyday Guide to Behavioural Finance
By Prakash Praharaj and Nirakar Pradhan
Your Everyday Guide to Behavioural Finance sheds light on the theory of behavioural finance and nineteen dominant behavioural biases in an accessible and easy-to-understand manner. It offers a framework for identifying, assessing, and managing one’s own behavioural traits (biases) to enhance investment success. The book also recommends Behaviourally Modified Asset Allocation (BMAA), a tool to synchronise the investment portfolio with the life cycle of the investors.
So, whether you are a financial advisor, portfolio manager, or an individual investor yourself, Your Everyday Guide to Behavioural Finance will provide you with an integrated perspective to craft efficient and effective investment strategies irrespective of external market noises.
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Your Everyday Guide to Personal Finance and Insurance
CNBC TV 18 has published the book “Everyday guide to Personal Finance and Insurance” authored by Mr. Praharaj.
Deviating from run-of-the-mill books on Insurance and Personal Finance, Your Everyday Guide to Personal Finance and Insurance, talks about very real issues that impact retail investors. Without following a structured ‘class-room’ approach, it delves into the basics of financial planning, directly addressing top-of-the-mind questions that perplex both first time and experienced investors. Touching on issues that range from relationships with money and basic principles of investment to the need for women to be financially literate and planning at different life stages, amongst many other relevant themes, the book is a compilation of carefully selected blog pieces and newspaper articles by Prakash Praharaj, a certified financial planning professional and certified personal financial advisor. Leveraging his vast experience of 30 years in the financial services sector, which includes stints at Indian banking and insurance sector stalwarts, the author shares his insights and counsel through this book which is divided into three distinct segments – Financial Planning, Life Insurance and FAQs on Personal Finance. Ideal for today’s lifestyle, where information is gathered in bits and pieces, on-the-go, this book is presented in the form of crisp, blog-sized, easy to assimilate nuggets of information, making it a valuable guide to both the sequential reader and the random page-flipper.
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Media (More than 50 articles & publications)
We have published many articles on personal finance in various national newspapers and Journals eg The Financial Express, The Economic Times, The Business Standard, The Times of India, The Mint Money, The Business Bhaskar, The Indian Express, The ANMI Journal among others.List of publication and Media Mentions
(Media Mentions)
- How franklin ran credit risk MFs in other names
- Good time to revisit your emergency fund needs
- How Indian regulators have cost you money
- How to fight the financial impact of a critical illness
- Why it doesn’t make sense to stop your SIPs mid way
- Our Client story on 16th Oct 2019
- Slowdown shock:PPF beats MFs over 5 years
- The Saving Grace Of The Indian Economy
- Strategize your FD investments as rate drops
- Will Fresh Start bankruptcy law for small debts, help borrowers?
- Four Insurance covers you must have this monsoon
- IS HDFC MF’s FMP Boilout unfair to other investors, shareholders?
- Modi term money report card: who won, who lost
- FMP’s stall, credit risk funds see outflow in Apr
- How to plan last-minute holiday, within a budget
- Is banking Ombudsmen consumer friendly?
- Too early to start investing in Reits and InVITs
- The case for higher EPS deduction
- Military families need a money plan too
- It is important to reduce risk in your investment (Client Story)
- Banks revise rates, but don’t transfer your home loan yet
- Home loan rates declining, but don’t switch lenders yet
- Stick to goals, and don’t worry about volatility (Client Story)
- Investors don’t see value in index funds in India at present
- Tough questions to ask yourself when making a wedding budget
- 5 smart things to do in 2019 to organise your financial life
- Involving entire family in money matters can help (Client Story)
- Biases can slow down your financial planning (Client Story)
- Keeping a conscience without worrying about financial goals
- 4 Rules of thumb on how much you should save,borrow & Invest
- Learning to get the best deals on Education loans.
- How to fund child’s education: Take a loan or use own funds?
- International Yoga Day: An early start can work wonders for your financial health
- 4 rules of thumb on how much you should save, borrow and invest
- HDFC Bank raises FD rates by 10-100 bps for various tenures
- Ola cab users can now insure their rides for as low as Re1
- In the new financial year, review your fund portfolio
- Prediction 2018: GDP, Sensex, Inflation & Gold
- Budget 2018: Government tries to boost employment
- Learning to get the best deals on education loans
- Should you go for sweep-out deposits?
- How many credit cards do you need?
- New Year resolutions for your hard-earned money
- Can robo-advisors edge out humans?
- Single Premium life Insurance plan
- With planning, overseas higher education is possible for middle-class families too
- Income-stability worries trump price rise: Survey
- When confused, professional advice is what worked well
- How to retire early? Start planning early
- There is no magic to making your money grow; being disciplined is key
- NPS gets tax breaks, parity for subscribers
- Expert speak: Should you buy Return of Premium Term Insurance plans?
- Pension gets a stronger equity push
- Expert speak: Should you buy a single-premium insurance policies?
- Despite a rate cut, EPF a good fixed income option
- We are more sensible and relaxed about money matters
- How to make a Will on your own
- 3 fallouts of not repaying loans on time
- 5 mistakes to avoid in volatile investments
- Five mistakes to avoid in financial planning
- With love, from grandma and grandpa
- Reduce debt or invest with extra funds?
- Small expenses that erode your returns
- The ABC of money wisdom for children
- Best products to give you regular income
- Things to look for in a mutual fund factsheet
- How to be a smart shopper this season
- Diversify your retirement income streams
- How to plan a budget in percentages
- Can fund houses communicate with distributors the right way?
- Are you willing to pay for sound advice?
- For small savings vehicles, look at returns, tax benefits
(Columnist)
- Financial Planning: Gold exchange-traded funds fetch long term capital gains tax if held for a year or more
- Financial Planning: In Insurance, the onus now lies with the seller(14th June 2013)
- Financial Planning: Standard Proposal form faces implementation hurdles( 7th May 2013)
- Insurance: Life Insurance Decoded:Why some prefer single premium plans?(1st June 2012)
- Insurance Planning: IRDA draft on standard proposals need minor tweaks(4th May 2012)
- Insurance: How to look at valuation of Life Insurance Companies?(21st April 2012)
- Health Insurance: Benefits of buying a top up Insurance policy!(7th April 2012)
- Insurance Planning: Review your life Insurance planning post Budget!(24th March 2012)
- Risk Management: How insurers can manage risk profile for better returns?(20th March 2012)
- Insurance: IRDA’s need analysis proposal step in right direction(25th Feb 2012)
- Insurance: IRDA’s sets benchmark for IPOs by insurance companies(28th Jan 2012)
- Insurance: IRDA’s steps will make the sector more transparent in 2012(3rd Jan 2012)
- Insurance: ULIPs’ need transparency on risks on line of MFs(19th Nov 2011)
- Insurance: Customers should be aware of risk inherent in ULIPs’(1st Nov 2011)