Manish Chauhan of Jagoinvestor is part of a TV show called Plan F. The show features people like you and me, who speak about their financial health and then are profiled by personal financial advisors who eventually rate them and give them gyan. Here’s a sample:
My opinion: Firstly, if I ask you to watch the show, please also note that Manish is a friend, so I’m biased.
Secondly, while the show is interesting in terms of awareness, some of the elements leave me a little unhappy. Much of the show compartmentalises everyone into some bracket or the other, which isn’t the right way, in my opinion. For instance:
There is more, but the concept is that you can’t have a single piece of advice that applies uniformly for everyone. I like to tell people the golden goals – 6 months of expenses in a liquid fund or FD, Retirement, Kids Education and Material Desires (Car/House/whatever) are what you save for, in that order. But would I say that to a person who is 65, unmarried, no kids or dependants? Would I say that for a 21 year old? No way. But I digress.
Now for the good part. The show’s fun, concise (sometimes too concise!) and has Cyrus Broacha trying his best to not intimidate the blokes and make it humorous. It has some good pointers – I liked the one where they said, focus on action, not just knowledge. For you can know all that you know, and yet not make wealth for yourself!
The show talks about different people with different age groups, and you might identify with certain things and take action. It airs on CNBC TV 18 on Saturdays (7pm).