Hello Listeners

Welcome to the FinBuzz podcast.

I am your Host, Krishna.

This podcast gives your a wide range of knowledge in finance and Technology. In each episode, we will take one topic and give your brief idea about the concept, and not only these we will also discuss Financial planning, Overview of an Indian Companies annual reports, and also Audiobooks which are leading in Financial sectors.

We will be one point of solutions for all your questions.

We are available on all the major podcast platforms like Apple, Google, Stitcher, Spotify, Radio Public, Breaker Audio, CastBox, etc

Please follow and subscribe to our channel to get the latest updates on every new episode.

Thank you

anchor.fm/sivakrishna2013

https://sivakrishna2013.weebly.com/

Hello Listeners

Welcome to the FinBuzz podcast.

I am your Host, Krishna.

This podcast gives your wide range of knowledge in finance and Technology. In each episode, we will take one topic and give your brief idea about the concept, and not only these we will also discuss Financial planning, Overview of an Indian Companies annual reports, and also Audiobooks which are leading in Financial sectors.

We will be one point of solutions for all your questions.

We are available on all the major podcast platforms like Apple, Google, Stitcher, Spotify, Radio Public, Breaker Audio, CastBox, etc

Please follow and subscribe to our channel to get the latest updates on every new episode.

Thank you

anchor.fm/sivakrishna2013

https://sivakrishna2013.weebly.com/

Hello Listeners

Welcome to the 7th episode of our podcast

I hope you all listened to our previous episode if not please do listen to episode 6 is all about Emergency Fund.

Moving into our today's episode

We will be discussing How much money can government print?

I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening to.

Also please share our podcast with your friends

we also have a telegram channel if you want to join please search with our podcast name "fin buzz".

https://anchor.fm/sivakrishna2013

https://www.facebook.com/Sivakrishna2013/

https://sivakrishna2013.weebly.com/

Best regards

Sivakrishna

Hello Listeners

Welcome to the 6th episode of our podcast

I hope you all listened to our previous episode if not please do listen to episode 5 is all about Exchange Rate.

Moving into our today's episode

We will be discussing Emergency Fund

What is an Emergency Fund?

An emergency fund is a readily available source of assets to help people navigate financial dilemmas, such as the loss of a job, sudden illness, a major repair to your home or car.

Managing your budget can be stressful, especially if you have an emergency pop up. there is a way where you can prepare for your unexpected financial emergencies.

In Simple terms saving money aside from your regular income for your budget, it acts as a financial safety to overcome unexpected expenses.

not to mention the kind of major national crisis the coronavirus pandemic has created.

An emergency fund is a very important part of financial planning which can help you to improve your financial security by creating a safety net cash that can be used to meet your emergency expenses instead of taking high-interest rates from your credit cards or any unsecured loans and also it can impact your retirement plans as well.

It doesn't mean that creating this fund will solve all your money problems, it is only a key to give support when you facing tough times about money like job loss, etc.

Let discuss a few major situations why we need to have an emergency fund:

So How much do we need to save for our emergency fund?

An emergency fund will vary from person to person situations, most of the financial experts suggest at least three to six months of your monthly expenses.

however, don't worry about saving your emergency fund overnight that's wrong assumptions.

How to build an emergency fund?

Basically, before talking about this fund first and foremost we need to understand how much amount can be saved on a regular basis so we need to calculate our regular monthly expenses which are inevitable or which cant skip preparing those lists and plan accordingly. An emergency fund can also be divided into two main aspects

Above these two terms can vary based on the requirement maybe you have a secure job and steady income stream which may need less emergency fund but if your income is not steady and secure for those who are planning their money into retirement plans by this sudden crisis this might impact a very big number in your long term plans so to avoid such instance we have to make our emergency funds first priority and then save your money in investments.

Saving money can be done in any form like saving cash by yourself, opening a saving account which can generate some interest amount for the amount you are going save

Also, there are many schemes out in the market which can save your money with some decent interest rates.

I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening to.

Also please share our podcast with your friends

we also have a telegram channel if you want to join please search with our podcast name "fin buzz".

https://anchor.fm/sivakrishna2013

that's all for this episode.

Thank you for all the listeners.

Signing of

your host Krishna

Hello Listeners

Welcome to the FinBuzz podcast.

I am your Host, Krishna.

This podcast gives your wide range of knowledge in finance and Technology. In each episode, we will take one topic and give your brief idea about the concept, and not only these we will also discuss Financial planning, Overview of an Indian Companies annual reports, and also Audiobooks which are leading in Financial sectors.

We will be one point of solutions for all your questions.

We are available on all the major podcast platforms like Apple, Google, Stitcher, Spotify, Radio Public, Breaker Audio, CastBox, etc

Please follow and subscribe to our channel to get the latest updates on every new episode.

Thank you

anchor.fm/sivakrishna2013

Hello Listeners

Welcome to the 5th episode of our podcast

I hope you all listened to our previous episode if not please do listen to episode 4 is all about PPP (Purchasing Power Parity).

Moving into our today's episode

We will discuss

How does Exchange Rate work?

Before moving onto the topic everyone might be interested in knowing how does the Exchange rates work right?

Transferring money abroad and exchanging currency only when traveling and these regular users

transfer money abroad regularly might find its very hard to understand. So we come up with the solution to educated how this is going to work?

So here we are!

In this Finance world, an exchange rate is an amount that one currency is worth when compared to another country's currency by this each country carries its currency rates.

In other words, the exchange rate tells you the number of units of one currency that you will receive for one unit of another currency.

For better understanding we will take a small example here:

How many Indian Rupees will get if you are going 1 US dollar?

Exchange rates never standstill. They are forever fluctuating in response to economic and political changes and developments as they occur around the world.

The only time that most of us deal with them directly is when it comes to traveling or sending money overseas.

However, exchange rates indirectly impact many different areas of your day-to-day life - from the cost of your groceries and fuel to the job opportunities and the interest rate on your loans.

Now we will go little inside exchange currency

These rates are determined in the foreign exchange market which is open to a wide range of different types of buyers and sellers

In the retail currency exchange market, different buying and selling rates will be quoted by money dealers. Most trades are to or from the local currency. The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the rate at which they will sell that currency. The quoted rates will incorporate an allowance for a dealer's margin (or profit) in trading, or else the margin may be recovered in the form of a commission or in some other way.

What is better - High or Low exchange rates?

A higher rate is better if you’re buying or sending currency, as it means you get more currency for your money. A lower rate is better if you’re selling the currency. This way, you can profit from the lower exchange rate.

Here we need to understand one thing we have 2 different types of currencies

There is a market convention that determines which is the fixed currency and which is the variable currency.

For example, in a conversion from EUR to AUD, EUR is the fixed currency, AUD is the variable currency and the exchange rate indicates how many Australian dollars would be paid or received for 1 Euro

What is Forex?

FOREX (foreign exchange market or FX), is a global market for currency trading used by individuals, businesses, and banks. If you make a transaction that requires a currency conversion, FOREX determines how much value you get for your money.

A big part of the foreign exchange happens for practical purposes - for example when you're traveling or buying foreign goods. However, a majority of currency conversion is made to earn a profit.

I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening to.

Also please share our podcast with your friends

we have a telegram channel if you want to join please search with our podcast name "fin buzz".

https://anchor.fm/sivakrishna2013

Best Regards

Hello Listeners

Welcome to the 3rd episode of our podcast

We will discuss GDP (Gross Domestic Product).

What is GDP, Gross Domestic Product is a monetary measure of the market value of all the finished goods and services produced within a country in a specific time.

For example, A Domestic producer starting from producing from raw material to finished goods and selling to the foreigners which exceed the value the more you produce and more you sell the growth rate will improve.

And also GDP can represent the scorecard of the country's economic health.

GDP provides an economic behavior of the country and used to estimate the size of an economy and growth rate.

If you are an investor with the help of GDP growth rate numbers we can able to make better decisions related to investments.

Not only for investment, if you are planning to migrate to any other country you can have quick access to GDP numbers whereas we can able to have an idea about the cost of living, employment, Health care, etc there are many sites which can provide in detail information and comparisons as well.

You can refer to "The World Bank"

GDP is a key tool to guide policymakers, investors, and startups.

GDP is usually calculated on an annual basis and it is calculated on a quarterly basis as well.

GDP can be calculated in three ways:

Based on this information it can be adjusted for inflation and population.

How we can able to know rising or falling of GDP.

Increasing GDP means the economy is growing. Businesses are producing and selling more products and services.

Decreasing GDP means the economy is in stable positions. Businesses are producing and selling very few products and services there might several aspects linked to causing an impact on GDP might be recessions which can impact on public and private sectors, Busines profit declines and unemployment.

This means the government prints more money and lowers interest rates to stimulate economic growth. In that scenario, taking out student loans, auto loans, business loans, and mortgages becomes cheaper. Credit card interest rates also dip.

Well in this episode we will not go in-depth about calculations in GDP.

We will discuss only GDP and Investing.

It is a great tool for equity investors which provides a framework for decision making. The corporate profits and inventory data are a great resource for this kind of investor.

Comparing the GDP growth rates of different countries can play a part in Asset allocation (In our coming episodes we will cover what is asset allocation )

In simple terms, Asset allocation means investing in your money into multiple buskets to earn some decent returns instead of putting all your money into one bucket.

The economic slowdown in India has become the worse in the second quarter of 2019 and the GDP growth rate fell to 4.5% which lowest number for the last 26 quarters around in 2013 we are around 4.3%.

This means we are back to 7 years.

Now even all the countries are ongoing clean-up of the financial sectors, Private and public sectors.

If you are a long term investor this is the best time to consult your financial advisor and take a call how can you invest your money.

I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening to.

Also please share our podcast with your friends

we have a telegram channel if you want to join please search with our podcast name "fin buzz".

Thank you

Signing of

your host Krishna

Hello Listeners

Welcome to the 2nd episode of our podcast

I hope you all listened to our previous episode if not please do listen to episode 1 about 10 main financial aspect need to obtain immediately.

Moving into our today's episode

We will discuss Financial accounting

So what is financial accounting and why we have to know this?

If you are an investor or you are planning to invest your money into the schemes which can generate the wealth. for this, you need to know the fundamentals of financial accounting.

In simple terms, we can define financial accounting as a language of business where the activity is recorded and evaluated in financial terms.

 that means all your spending and revenue will be recording as a list.

if you are very good at this concept about financial accounting trust me you will be good at your career and also if you are a startup this could boost up your confidence and may improve the efficiency and maximize the profits.

Not only this with this financial accounting knowledge you can good in your investments and also for tax planning decisions.

Now financial accounting is differentiated in three main streams

1. Recording financial transactions.

2. Summarizing the transactions.

3. Reporting the financial position/statement.

For these three main streams let us discuss with an example

Bank account

So if we have a bank account you will deposit your physical money into the bank and converting them into virtual money right.

So we started spending the amount with the help of a bank-issued card what bank does it starts recording all your expenses and also summarize your transactions on which particular day how much did you spend.

initially, when you created a bank account they will provide a passbook.

nowadays everything is in the cloud we get e-statements right.

so this e-statement is called financial position/statements.

In this example, we have covered all three main streams for quick understanding

Recording financial transactions mean as you spend money each transaction will be recorded by our bank right.

Summarizing transaction means all get together your history will be reported in the form list like your e-statements.

Reporting financial statement: In your e-statement, they will provide complete details about your credit and debit history by this we able to know our financial position.

I hope it is clear.

Financial Accounting takes a major presence in our daily activities like running a business, NGO, Investments, and also your saving account.

I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening to.

Also please share our podcast with your friends

we have a telegram channel if you want to join please search with our podcast name "fin buzz".

Thank you

Signing of

your host Krishna

Hello Everyone

Welcome to Fin buzz podcast.

I am your host Krishna

This podcast gives you information related to Technology and Finance updates.

In this episode, we have included 10 important financial keywords that need to obtain in your life.

I hope you all like the content and also please share your valuable feedback in any of the podcast platforms you are listening.

Also please share our podcast with your friends

we have a telegram channel if you want to join please search with our podcast name "Fin Buzz".

Thank you

Signing of

your Host Krishna

https://anchor.fm/sivakrishna2013