Wealth-tech CEO Explains Why Your Financial Planning Sucks & How to Fix it: Keval Bhanushali
Bijay Gautam Bijay Gautam
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 Published On Feb 7, 2024

If you enjoyed this conversation, check this conversation with Ken Honda on Attracting Money in Your Life    • Attracting Money and Joy:  Mindset Se...  

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In this episode:
- How to achieve Financial Well-Being?
- Why you should not trust every financial advice?
- Understanding Your Generational Profile and Financial Behaviour Score
- Step-by-step scientific financial planning

In this episode, we dive deep into the essence of financial well-being versus mere independence. From understanding how to manage your financial behaviour to focusing on building a robust retirement corpus, this conversation is packed with insights on why we invest and the difference between being rich and being truly happy at 80.

Keval Bhanushali, Co-Founder & CEO of 1 Finance, brings his wealth of experience to the table. An IIM Calcutta and Harvard Business School alumnus, Keval has shaped the core business model at 1 Finance, steering the financial institution into a significant ecosystem for wealth management, investment advisory, and more. With a focus on wealth creation for Indian MNIs, Keval’s expertise spans across wealth management, portfolio management, and alternative investment funds, among others.
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About:

The Inspiring Talk is a chart-topping self-help podcast. Each week I bring you conversations with today’s most successful and insightful people to help you take your life, business, and career to the next level. The show started as a way for me to figure out my own life by learning from people who've scaled success. In the past few years, this has been nothing short of a movement.

If you are here, I can assure you of two things:
- You'll gain new perspectives on taking your business, life, and career to the next level.
- You will get inspired to do something meaningful with your life.

Here are some milestones of the show:
- It was a finalist for Asia's Best Podcast award, 2019
- #1 Podcast under All Categories on Apple Podcasts
- Top Podcasts on JioSaavn, 2020
- Top Podcasts on Gaana, 2021

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Time Stamps:
00:00:00 Intro
00:01:04 Financial Wellbeing VS Independence
00:01:40 Managing Your Financial Behaviour
00:04:30 Focusing on Retirement Corpus
00:05:28 Why do we invest?
00:09:30 Being rich vs happy at 80?
00:12:50 How to diagnose your financial health?
00:18:02 Financial Risk Appetite
00:24:54 MoneySign Assessment
00:27:28 Using Your Personality in Investment
00:31:49 Flaw in Current Financial Advisory
00:33:57 Enjoying your Money
00:38:10 Steps to Financial Planning
00:42:20 Knowing your generational profile?
00:46:42 How not to plan expenses?
00:48:15 Getting rid of Loans
00:50:40 Steps to financial well-being
00:53:40 Emergency planning
00:57:24 Financial Behaviour Score
00:59:56 What should you do next?
01:02:12 Whose advice should you take?
01:05:37 Closing thoughts

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