Industrial ResearchIndustrial Research

Personal FinancePersonal Finance

What is personal finance?What is personal finance?

Personal finance is a study of Personal finance is a study of economic factors and personal economic factors and personal decisions that affect a person’s decisions that affect a person’s financial well being.financial well being. How people spendHow people spend How people saveHow people save How people protectHow people protect How people investHow people invest

The growing importance of The growing importance of personal finance todaypersonal finance today

Sluggish growth in personal income --Sluggish growth in personal income -- Between 1980 & 1997 personal income Between 1980 & 1997 personal income

growth rate only slightly more than 2%growth rate only slightly more than 2% More options available for your moneyMore options available for your money

Increasing number of choices offered in Increasing number of choices offered in banking, credit, investments, and banking, credit, investments, and retirement planning. Also more benefit retirement planning. Also more benefit optionsoptions

Personal financial goals change as a Personal financial goals change as a person progresses through life. person progresses through life.

20 yrs.old 40 yrs. old 60 yrs. old

Buy a house Collegefor kids

RetirementIncome

Personal financial planning Personal financial planning encompasses a lifetimeencompasses a lifetime

Objectives of Financial Objectives of Financial PlanningPlanning

Maximize wealthMaximize wealth Practice efficient consumptionPractice efficient consumption Achieve life satisfactionAchieve life satisfaction Maintain financial stabilityMaintain financial stability Prepare for retirementPrepare for retirement

Career Choice Cash M anagem ent

Retirem ent, Estate Planning Investm ent M anagem ent

Credit M anagem ent Tax Planning

Effective Buying Insurance Planning

Decis ion Areas

How it works?How it works?

The big player – HSBC The big player – HSBC

Background InformationBackground Information

>130 years ago>130 years ago >9,500 offices in 80 countries >9,500 offices in 80 countries Eg, Europe, the Asia-Pacific regiEg, Europe, the Asia-Pacific regi

on, the Americas, the Middle Eaon, the Americas, the Middle East and Africa. st and Africa.

domestic commercial banking adomestic commercial banking and financial services nd financial services

Personal Financial ServicePersonal Financial Service

1.1. Banking ServiceBanking Service

2.2. Card ServicesCard Services

3.3. Personal Credit ServicesPersonal Credit Services

4.4. Mortgage ServicesMortgage Services

5.5. Insurance ServicesInsurance Services

6.6. Investment ServicesInvestment Services

7.7. Payment ServicesPayment Services

1. Banking Service1. Banking Service

provides different banking servicprovides different banking services es

Eg, Internet banking, Phone banEg, Internet banking, Phone banking, Self-service banking, Mobilking, Self-service banking, Mobile banking and Branch banking e banking and Branch banking

i) University Student Accounti) University Student Account ii) HSBC Premier ii) HSBC Premier

1.i) University Student 1.i) University Student AccountAccount

help university student achieve fihelp university student achieve financial independence through a nancial independence through a range of special privileges and srange of special privileges and services ervices

1.1. free credit cardfree credit card

2.2. current accountcurrent account

3.3. university student TravelSuranceuniversity student TravelSurance

4.4. integrated protection plus integrated protection plus

1.ii) HSBC Premier 1.ii) HSBC Premier

help high premium customer help high premium customer make the most of their wealth make the most of their wealth

1.1. Offering world-wide accessOffering world-wide access2.2. Providing single banking Providing single banking

portfolio with consolidated portfolio with consolidated statement statement

3.3. Supporting comprehensive Supporting comprehensive range of investment tools range of investment tools

4.4. Affording free financial planning Affording free financial planning review review

2. Card Services2. Card Services

different card for different client different card for different client

1.1. HSBC Visa and HSBC Master HSBC Visa and HSBC Master Card Card

2.2. HSBC JCB Gold HSBC JCB Gold

3.3. iCan card iCan card

3. Personal Credit Services3. Personal Credit Services

provide instant answer to custoprovide instant answer to customer’s immediate financial needmer’s immediate financial needs. s.

1.1. Personal Instalment Loan Personal Instalment Loan

2.2. Revolving Credit Facility Revolving Credit Facility

3.3. Car Loan ExtraCar Loan Extra

different mortgage services for different mortgage services for different investors and citizens different investors and citizens

1.1. First-time Home Buyers First-time Home Buyers

2.2. Free Choice Mortgage Free Choice Mortgage

3.3. Mortgage Refinancing Mortgage Refinancing

4. Mortgage Services 4. Mortgage Services

5. Insurance Services5. Insurance Services

- different insurance packages to different insurance packages to protect yourself and your family protect yourself and your family

1.1. Travel insurance Travel insurance

2.2. Home and Motor insurance Home and Motor insurance

3.3. Accident and Health insuranceAccident and Health insurance

6. Investment Services6. Investment Services

- different investment services different investment services no matter in risk investment no matter in risk investment and life planning and life planning

1.1. Financial Planning Financial Planning

2.2. Purchase of securities and Purchase of securities and bonds, IPObonds, IPO

3.3. Offering financial information Offering financial information

7. Payment Services7. Payment Services

- different payment services to different payment services to enable it to provide fast and enable it to provide fast and 24-hours services 24-hours services

1.1. Bill payment-Auto PayBill payment-Auto Pay

2.2. Overseas TransferOverseas Transfer

3.3. Local Money Transfer Local Money Transfer

ConclusionConclusion