 "Case study")
Family profile
Mukesh works as area manager with an electronics manufacturing firm in Mumbai, while his wife is an IT engineer. They live in their 2-BHK house, which they purchased five years ago. Mukesh knows the importance of savings and this helped him accumulate the required down payment for his self-occupied flat. Of late, the family's expenses have shot up, due to lack of focus on financial goals. He wants to make a plan which can help him clear his home loan and fund his son's educational needs, along with his own retirement.
Mukesh works as area manager with an electronics manufacturing firm in Mumbai, while his wife is an IT engineer. They live in their 2-BHK house, which they purchased five years ago. Mukesh knows the importance of savings and this helped him accumulate the required down payment for his self-occupied flat. Of late, the family's expenses have shot up, due to lack of focus on financial goals. He wants to make a plan which can help him clear his home loan and fund his son's educational needs, along with his own retirement.