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Industrial Research
Personal Finance
What is personal finance?

Personal finance is a study of
economic factors and personal
decisions that affect a person’s
financial well being.
How people spend
 How people save
 How people protect
 How people invest

The growing importance of
personal finance today

Sluggish growth in personal
income -

Between 1980 & 1997 personal
income growth rate only slightly more
than 2%
More options available for your
money

Increasing number of choices offered
in banking, credit, investments, and
retirement planning. Also more
benefit options
Personal financial planning
encompasses a lifetime
Personal financial goals change as
a person progresses through life.
Buy a house
20 yrs.old
College
for kids
40 yrs. old
Retirement
Income
60 yrs. old
Objectives of Financial
Planning





Maximize wealth
Practice efficient consumption
Achieve life satisfaction
Maintain financial stability
Prepare for retirement
How it works?
Decision Areas
Career Choice
Cash Management
Retirement, Estate Planning
Investment Management
Credit Management
Tax Planning
Effective Buying
Insurance Planning
The big player – HSBC
Background Information




>130 years ago
>9,500 offices in 80 countries
Eg, Europe, the Asia-Pacific
region, the Americas, the Middle
East and Africa.
domestic commercial banking
and financial services
Personal Financial Service
1.
2.
3.
4.
5.
6.
7.
Banking Service
Card Services
Personal Credit Services
Mortgage Services
Insurance Services
Investment Services
Payment Services
1. Banking Service




provides different banking
services
Eg, Internet banking, Phone
banking, Self-service banking,
Mobile banking and Branch
banking
i) University Student Account
ii) HSBC Premier
1.i) University Student
Account

1.
2.
3.
4.
help university student achieve
financial independence
through a range of special
privileges and services
free credit card
current account
university student
TravelSurance
integrated protection plus
1.ii) HSBC Premier

1.
2.
3.
4.
help high premium customer
make the most of their wealth
Offering world-wide access
Providing single banking
portfolio with consolidated
statement
Supporting comprehensive
range of investment tools
Affording free financial
planning review
2. Card Services

different card for different client
1.
HSBC Visa and HSBC Master
Card
HSBC JCB Gold
iCan card
2.
3.
3. Personal Credit Services

provide instant answer to
customer’s immediate financial
needs.
1.
Personal Instalment Loan
Revolving Credit Facility
Car Loan Extra
2.
3.
4. Mortgage Services

different mortgage services for
different investors and citizens
1.
First-time Home Buyers
Free Choice Mortgage
Mortgage Refinancing
2.
3.
5. Insurance Services
different insurance packages to
protect yourself and your family
1. Travel insurance
2. Home and Motor insurance
3. Accident and Health insurance
-
6. Investment Services
-
1.
2.
3.
different investment services
no matter in risk investment
and life planning
Financial Planning
Purchase of securities and
bonds, IPO
Offering financial information
7. Payment Services
-
1.
2.
3.
different payment services to
enable it to provide fast and
24-hours services
Bill payment-Auto Pay
Overseas Transfer
Local Money Transfer
Conclusion