Money Management and Financial Planning

Welcome to Money Management and Financial Planning, where essential money managing skills pave the way to financial freedom. In this series, we’ll immerse in the fundamentals of budgeting, saving, and making wise financial decisions across various life stages and scenarios.

We’ll cover practical financial insights tailored to everyday needs from mastering the art of budgeting and saving to purchasing your first car or home. We’ll explore effective strategies for family budgeting, funding education, and planning for major events like weddings. We’ll also break down the Union Budget, highlighting tax reforms, employment schemes, and their impact on your finances.

Additionally, you’ll gain valuable knowledge on navigating career changes, preparing for economic downturns, and building robust financial safety nets. Whether it’s understanding personal finance principles or decoding complex budgeting methods, this series might offer the tools to elevate your financial management skills.

5 Seasons

Season

Foundation of Financial Literacy

Welcome to Foundation of Financial Literacy, where practical knowledge meets real-life application. In this season, we’ll delve into the core principles of personal finance that might empower you to make informed money decisions. We’ll begin with the fundamentals of budgeting and saving, exploring how to master your monthly finances. You’ll gain insights into buying your first car and navigating the complexities of homeownership. Life’s milestones like planning a wedding or funding a college education will also be covered, providing you with actionable steps to stay financially prepared. Additionally, we’ll tackle important topics such as managing family expenses, adapting your finances during career transitions, and safeguarding your wealth during economic downturns. With this season as your financial compass, you might be better equipped to lay the groundwork for financial well-being and turn your goals into reality.

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E01: Money Management 101

04 mins

Managing money might seem intimidating but it could be easier than you think. With the right approach, you could simplify your finances and work toward a secure future. In this video, we’ll break down the basics of money management, covering essential topics such as budgeting, saving, investing, and managing debt. You might learn how to create a budget, set limits for different expenses, and stick to it. We’ll also explore the importance of building an emergency fund and saving for specific goals like vacations or home purchases. Investing is another key focus. We’ll discusses options like mutual funds, or PPF, emphasising the importance of starting early and diversifying your portfolio. Additionally, we’ll highlight strategies for managing debt, including prioritising high-interest loans and negotiating better terms. This video will also cover insurance and tax planning, crucial for financial protection and saving money. Lastly, we’ll explain long-term financial planning, including retirement and estate planning, to secure your future. By following these steps and monitoring your finances regularly, you could stay on track and make informed decisions.

E02: Money Mastery The Art of Budgeting and Saving

05 mins

Managing your finances is a crucial skill, especially in a diverse and dynamic country like India. In this video, we’ll cover the essentials of budgeting and saving to help you take control of your financial future. You might learn how to track income and expenses, create a practical budget, and allocate funds toward essential expenses, savings, and discretionary spending. We’ll also introduce saving strategies, like setting specific goals and automating savings, that might help build a strong financial foundation. Additionally, we’ll explore investment options such as mutual funds, fixed deposits, and PPF, that could guide you to grow your money over time. Understanding tax planning could also be essential. We’ll discuss how to optimise tax benefits through instruments like ELSS and NPS. Managing debt and setting SMART financial goals are other crucial elements we’ll explore, that could help you achieve long-term objectives. Financial discipline and awareness of cultural and socio-economic factors could empower you to make informed decisions. By mastering budgeting and saving, you might be able to pave the way to financial freedom and security.

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Bites

Surviving a Recession What Financial Moves Should You Make 226 views

How to Manage Finances Amidst Career Changes 144 views

How to Plan Finances for College 653 views

How to Plan Your Finances for a Wedding 356 views

Your Rupee Roadmap Understanding Personal Finance Management 167 views

Expense Expedition Charting Your Financial Course 88 views

Season

Advanced Financial Strategies

Welcome to Advanced Financial Strategies, where we decode complex financial concepts and unveil tools that could help you take control of your money. In this season, we’ll look into advanced budgeting frameworks and techniques that might help you optimise your financial health for long-term success. We’ll explore diverse money management methods like the 30:40:30 rule, 50:30:20 rule and other budgeting formulas designed to balance savings, spending, and investments. Our videos will also unpack practical strategies for managing everyday expenses, such as dining choices and creating tailored emergency funds for medical needs or unexpected repairs. Additionally, this season highlights estate planning and how understanding your psychological approach to money might influence your financial decisions. Whether you’re aiming to strike a financial balance or preparing for unexpected challenges, Advanced Financial Strategies could assist you in making impactful financial decisions.

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E01: Mastering Financial Alchemy Advanced Budgeting Strategies

03 mins

Budgeting is an ancient art of financial alchemy that could transform income into a powerful tool for achieving financial goals. In this video, we’ll explore advanced budgeting techniques that could help turn your financial challenges into opportunities. We’ll start with zero-based budgeting, where every rupee is allocated with purpose, and go all the way to the Envelope System, a simple yet effective method for managing expenses. These techniques might help you learn how to take full control of your finances. We’ll also dive into the classic 50:30:20 Rule, offering a balanced approach to spending, saving, and enjoying life. Additionally, we’ll cover a few modern strategies. Be it automated savings and investments, which might help you save effortlessly, or expense tracking apps for real-time monitoring of your spending. We’ll also look into annual budget planning that could provide a broader perspective and help you prepare for irregular expenses throughout the year. We’ll highlight the importance of emergency fund planning and explain the debt snowball and avalanche methods. This could help you safeguard against financial surprises and tackle debt. By mastering these techniques, you could unlock the secrets of financial success and pave the way for a secure future.

E02: From Wallet to Palate Decoding Eating Expenses

03 mins

India's rich culinary landscape offers diverse dining experiences, each with its own costs and benefits. Understanding these options could help you make better financial and lifestyle choices. In this video, we’ll break down the expenses associated with eating out, ordering in, and cooking at home. Eating out could range from affordable fast-food options to expensive fine dining. Quick meals might cost around Rs. 200-300 per person, while fine dining could exceed Rs. 5,000 for two. We’ll also explore the growing trend of food delivery, where hidden costs like delivery charges, service fees, and taxes might inflate the bill. It could turn a Rs. 800 meal into a Rs. 1,000 one or more. Cooking at home could offer a cost-effective and healthier alternative. We’ll discuss grocery costs, utility expenses, and the overall savings of home-cooked meals. While it requires effort, cooking could foster healthier habits and allow for culinary creativity. By evaluating these choices, you could decide which dining option aligns best with your budget and preferences, balancing convenience and cost. This might help you uncover the true cost of your meals and optimise your dining choices!

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Bites

Start the New Year with the 52 Week Saving Challenge 11 views

Surviving the Storm Building Your Shield Against Unforeseen Job Loss 266 views

Rainy Day Fund for Fixes and Trips 159 views

First Aid for Finances Creating Your Medical Emergency Fund 402 views

From Debt to Prosperity the 70 20 10 Rule 126 views

Savings Spending and Success Decoding the 30 30 30 10 Method 98 views

Crack the Code of Financial Balance The 40 30 20 10 Formula 80 views

Budgeting Like a Pro The 50 30 20 Rule Made Simple 63 views

Striking the Perfect Balance Unlocking Power of 30 40 30 Rule 2 views

How Your Brain Influences Spending and Saving 704 views

Season

Understanding the Union Budget 2024

Welcome to Understanding the Union Budget 2024! Join us as we break down the key highlights and impacts of this year’s budget in an easy-to-understand manner. These videos could provide insights into how the budget affects individuals, businesses, and various sectors across India. We start with a concise summary of the budget in under five minutes, giving you a quick overview of the major announcements. Dive deeper as we decode the budget’s impact on taxpayers, employment schemes, and financial opportunities. Our videos also focus on start-ups and MSMEs, outlining the policies and incentives tailored for their growth. The videos also explore key tax reforms, including changes in tax regimes and the scrapping of indexation benefits. After that, we’ll discuss the allocations announced for education, skill development, and tourism, showcasing the government’s focus on widespread growth. With these videos, you could gain a clear understanding of the Union Budget 2024 and how it can shape India’s economic future.

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E01: Summarising the Union Budget 2024 in 5 Minutes

04 mins

Excited about the changes announced in the Union Budget 2024? Check out this video for a quick summary of the major points announced by the finance minister. First, we’ll talk about the 9 key focus areas under 'Viksit Bharat' announced in the budget. Next, you’ll understand the changes mentioned for the New Tax Regime. The standard deduction is proposed to increase to ₹75,000, and the tax slabs have been revised. We’ll see how income up to ₹3 Lakhs is tax-free, while income above ₹15 Lakhs attracts a 30% tax rate. You’ll also learn how pensioners might benefit from a family pension deduction increase from ₹15,000 to ₹25,000. The video further explores capital gains tax. Long-term capital gains are set at a 12.5% tax rate, with an exemption limit of ₹1.25 Lakhs per year. Next, the video will discuss revisions to customs duties and proposed TDS and TCS changes. The latter includes a reduced 0.1% TDS rate on e-commerce transactions. The budget also mentioned additional investments under PM Awas Yojana and PM Surya Ghar Muft Bijli Yojana. Finally, we’ll explore new schemes worth ₹2 Lakh Crores for youth employment and upskilling. Similarly, larger Mudra loans and enhanced support were announced for MSMEs.

E02: Decoding the Impact of the Union Budget for You

05 mins

The Union Budget introduced many changes for salaried individuals; but what does it all mean? Let’s break it down in this video with the example of Mohan, a salaried employee. First, we look at changes in Mohan’s tax liabilities on his annual income of ₹10 Lakhs. Under the revised new tax regime, his standard deduction increases to ₹75,000, lowering his taxable income to ₹9.25 Lakhs. But with his new applicable tax slab, Mohan will pay just ₹42,500, saving ₹10,000. Next, you’ll understand the tax changes for Mohan’s investments. If he buys shares worth ₹2 Lakhs and sells them for a 35% profit after 10 months, he will have to pay 20% short-term capital gains tax. We’ll also discuss how long-term capital gains tax of 12.5% applies to his shares if he holds them for 2 years. After that, the video explores Mohan’s property transactions. Suppose he sells a property for ₹70 Lakhs which he bought for ₹50 Lakhs in 2015. Previously, indexation adjusted its cost to ₹64.82 Lakhs, with a 20% LTGC tax. Now, though, the indexation benefit is removed, he’ll pay 12.5% tax. This is how the Union Budget’s tax reforms may impact you! For more details on the budget, stay tuned to Academy!

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Bites

Indexation Benefit Scrapped What Does it Mean for You 167 views

Indian Tourism and the Union Budget 2024 196 views

Education and Skill Development in Union Budget 2024 123 views

Union Budget 2024 Tax Reforms and Changes 269 views

8 Highlights of the Union Budget 2024 528 views

7 Highlights of the Union Budget You Might Have Missed 156 views

Season

Understanding the Union Budget 2025

Welcome to Understanding the Union Budget 2025! This season dives into the key announcements, policies, and financial changes that could impact your life. From tax updates to sector-specific reforms, we’ll break down everything you need to know. Hop along as we take a closer look at how the latest budget might influence personal finances, business opportunities, and economic growth. Uncover changes in education policies that could reshape learning and skill development. If travel is on your mind, find out how new initiatives might shape the tourism industry. This season brings you a quick snapshot of the biggest takeaways, including taxation updates, exemptions, and policy shifts. Learn how revised income tax rules might influence earnings and deductions. Understand how changes in TDS and TCS regulations could affect transactions and financial planning. Get ready to navigate the numbers, decode the policies, and see what the Union Budget 2025 could mean for you!

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E01: Union Budget 2025 Here s What It Brings for You Part 1

03 mins

The Union Budget 2025 has introduced several key reforms aimed at economic growth, ease of compliance, and financial relief. This video summarises the major changes and introductions for Indian citizens. Under the vision of ‘Viksit Bharat,’ this budget focuses on poverty reduction, quality education, accessible healthcare, employment generation, and women’s economic participation. A major highlight is the simplification of income tax rules. Salaried individuals earning up to ₹12 Lakhs will not have to pay any income tax. The TDS threshold on rent has increased from ₹2.4 Lakhs to ₹6 Lakhs, and senior citizens now enjoy a higher TDS exemption limit of ₹1 Lakh. There are major exemptions in customs duties, especially on life-saving medicines, EV batteries, and shipbuilding materials. MSMEs and startups receive a boost with new credit guarantee schemes and a ₹10,000 Crore Fund of Funds. Additionally, 10 Lakh ‘Customised Credit Cards’ are to be introduced. The budget also announced schemes to support India’s toy, footwear, and shipbuilding industries. This could create employment opportunities and driving exports. With several changes across multiple sectors, this budget aims to fuel long-term economic growth. To learn about other reforms, watch the second part of our detailed breakdown of the Union Budget 2025, only on Academy!

E02: Union Budget 2025 Here s What It Brings for You Part 2

03 mins

Welcome to the second part of our summary video on the Union Budget 2025. Here, we will cover major reforms in tourism, education, agriculture, etc. The tourism sector got a significant boost with MUDRA loans for homestays, improved connectivity, incentives for better tourist management, and e-visa fee waivers. India’s top 50 tourist sites, mainly spiritual and religious locations, will be improved. Under educational reforms, 50,000 Atal Tinkering Labs will be set up in government schools. The government is also pushing for broadband connectivity in rural secondary schools and the launch of digital books in Indian languages. There will be 10,000 fresh medical seats and additional infrastructure in five new IITs. Farmers will benefit from the launch of the ‘Makhana Board’ in Bihar, an increased Kisan Credit Card limit of ₹5 Lakhs, and a five-year cotton productivity mission. The government will also support 1.7 crore farmers through the Prime Minister Dhan-Dhaanya Krishi Yojana. State development plans include a new urea plant in Assam, sustainable fishery projects in the islands, and new airports in Bihar. Additionally, ₹1 Lakh Crore has been allocated for the ‘Urban Challenge Fund,’ and ₹15,000 Crore for affordable housing projects. For more insights into the Union Budget 2025, stay tuned to Academy!

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Bites

What Do TCS Changes in Budget 2025 Mean for You 38 views

What did the Union Budget 2025 Do for Travel and Tourism 24 views

Educational Reforms Announced in the Union Budget 2025 16 views

How Do TDS Revisions in the Budget 2025 Benefit You 19 views

10 Key Highlights of the Union Budget 2025 516 views

Big Tax Relief Announced in Union Budget 2025 1163 views

Season

Unmasking Digital Frauds

The digital world offers convenience, but it also brings new dangers. This curated collection of videos uncovers the most common and emerging digital frauds along with preventive tips. Are you prepared to defend yourself? We’ll understand how scammers are evolving, using advanced techniques to steal money and personal information. From fake job offers to AI-driven frauds, digital scams are becoming more common as well as harder to detect. You’ll know about UPI refund scams, SIM hijacking, fake e-challan alerts, subscription renewal traps and more. Through these videos, you can learn how fraudsters use fear, urgency, and technology to manipulate victims. Discover the warning signs of job scams, digital arrest threats, and even AI-generated frauds that can mimic others’ identities. With detailed breakdowns and useful tips, these long and short videos can help you recognise scams before they happen. Ready to stay informed and take control of your online safety? Start watching, decode these frauds, and protect yourself from falling victim.

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E01: Digital Scams Exposed Are You Protected

04 mins

As per the Indian Cyber Crime Coordination Centre (I4C), Indians lost over ₹11,333 Crores to cyber fraud in just nine months of 2024! With over 6,000 digital scam complaints filed daily, online fraud is more rampant than ever. In this video, we’ll dive into some of the most common digital scams that can put your money and data at risk. You’ll learn how phishing frauds can trick people into sharing sensitive details and how identity theft allows fraudsters to misuse your personal information. The video also explores how UPI scams could drain your bank accounts and how unbelievable deals on fake websites might lure in unsuspecting buyers in online shopping scams. By understanding how these scams work, you can stay alert and better protect yourself and your loved ones. Next, you will learn about tips to avoid falling prey to digital scams. Stay cautious of unknown links and attachments and be careful when sharing private information. Don’t share your UPI PIN with anyone and always verify online sellers before making a purchase. Simple precautions, like checking website authenticity and avoiding suspicious links, can also go a long way in keeping your finances safe. Stay informed, stay alert, and safeguard your online experience against cybercriminals.

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Bites

Don t Get Tricked by PAN 2.0 Scams 11 views

Are You at Risk of SIM Hijacking 6 views

Jumped Deposit Fraud Real or Fake 4 views

New UPI Refund Scams Are You at Risk 126 views

Are You Being Conned by Customer Support Scams 23 views

Don t Let These Top 3 Digital Scams Fool You 60 views

3 Digital Frauds You Might Be Unaware Of 86 views

Digital Arrest Threat Tips to Stay Safe 121 views

Seasons

All

You could start by setting clear financial goals. You might have to create a budget that fits your lifestyle and track income and expenses. Adopting disciplined spending habits and reviewing your financial progress could help you stay aligned with your objectives.

You could focus on paying off high-interest debts first, like credit cards. You could consider debt consolidation or negotiating with lenders to reduce interest rates. Sticking to a repayment plan could help manage debt more efficiently and reduce financial stress over time.

An emergency fund could serve as a financial cushion, helping you handle unexpected costs such as medical emergencies or job loss. It could provide financial stability during challenging times. This could minimise reliance on high-interest loans and offer reassurance when faced with unforeseen events.

You could consider mutual funds, Public Provident Fund (PPF), or National Pension Scheme (NPS) for steady returns and tax benefits. Aligning investments with your risk tolerance and diversifying your portfolio could help balance growth and security over time.

You could boost investments through tax-saving schemes, diversify with equities and SIPs, and explore real estate. Consistent contributions and smart portfolio management might help build wealth and ensure financial independence for early retirement.

Bajaj Finserv Direct Limited ("Bajaj Markets") offers to its customers, various financial products and services through its digital platform as a registered Corporate Agent with IRDAI, registered Investment Adviser with SEBI, registered Third-Party App Provider (UPI payments), and as DSA or Digital lending platform of its Partners. Further, Bajaj Markets also offers a marketplace e-commerce platform to facilitate transactions between customers and sellers on-boarded on the platform. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522 Corporate Agency (Composite) Registration no.CA0551 (valid till 10-Apr-2027) Investment Adviser, SEBI registration: INA000016083 (Validity - Aug 11, 2021 - Perpetual)