Beginner Financial Planning: Term + Health + SIP Step-by-Step Roadmap (2026)

Bhai, financial planning ka sabse bada rule simple hai: “Pehle protection, phir investment.” Isliye beginners ke liye best formula hota hai — Term Insurance + Health Insurance + SIP. Yeh teen cheezein milkar tumhari family ko risk-free bhi banati hain aur future me wealth bhi create karti hain.

Aaj ke is roadmap me main tumhe simple Hindi me step-by-step sikhaunga ki pehle kya lena hai, kitna lena hai, kis order me lena hai, aur kaise zindagi भर ke liye financial base strong karna hai.

Step 1: Term Insurance – Family Ko Secure Karna

Term insurance tumhari family ka financial “seatbelt” hota hai. If something happens to you (God forbid), family ka future secure ho jata hai.

Kitna Cover Lena Chahiye?

Minimum 10–15 times your annual income
Agar income ₹5 lakh hai → cover ₹50–75 lakh
Agar income ₹10 lakh hai → cover ₹1–1.5 crore

Ayushman Bharat vs Private Health Insurance

Why Term First?

Sabse sasta insurance
Family ka risk secure ho jata hai
No investment confusion

Best Time to Buy?

Jitni jaldi lo, utna premium kam. 25–35 age group me sabse sasta milta hai.

Step 2: Health Insurance – Hospital Bills Se Protection

Middle-class family ka sabse bada financial risk medical emergency hota hai. Ek surgery ₹2–10 lakh me easily chali jati hai. Isliye health insurance mandatory hai.

Kitna Cover Enough Hai?

Individual: Minimum ₹5 lakh
Family Floater: ₹10–20 lakh (best range)

Important Things to Check:

Room rent limit (prefer no-limit plans)
Cashless network
Waiting period rules
Restoration benefit

Common Mistake:

Sasta plan lene ke chakkar me low room rent cap choose kar lena — claim reject ho sakta hai.

Mutual Fund SIP vs Traditional Insurance Plans: 15 Saal ka Realistic Return Comparison

Step 3: SIP (Systematic Investment Plan) – Wealth Banana

Term + Health se protection mil gaya, ab wealth create karne ka time. SIP ek simple investment system hai jo compound growth deta hai.

Start With:

₹1000–₹3000 per month (beginner level)
Equity Mutual Funds for long-term growth
Time horizon: Minimum 10–15 years

Expected Returns (Realistic)

12–14% annually (long-term equity SIP)
10 years → approx 2x
15 years → approx 3–4x

SIP ek habit hai — jitni jaldi shuru karoge, utna paisa compounded hoga.

Step-by-Step Beginner Roadmap (Super Simple)

Step	Kya Karna Hai?	Ideal Amount
1	Term Insurance	₹1 crore cover (depending on income)
2	Health Insurance	₹10–20 lakh family cover
3	SIP Start	₹1000–₹5000 per month
4	Emergency Fund	3–6 months salary

Common Mistakes Beginners Karte Hain

ULIP ko investment + insurance samajh lena
Without health insurance investment shuru kar dena
Tax-saving ke chakkar me galat plans lena
Short-term SIP me high returns expect karna

Useful Internal Links

Ideal Combo for Middle Class (2025)

Term Insurance: Protection
Health Insurance: Medical safety
SIP: Wealth creation

Ye teen pillars milkar ek strong financial base banate hain — Safe + Stable + Growth

FAQs — Beginner Financial Planning

Q1. Pehle term lu ya health insurance?

Health plan pehla priority hona chahiye, phir term.

Q2. SIP me loss hota hai?

Short-term me ho sakta hai — long-term me returns high hote hain.

Q3. Traditional insurance investment kyun nahi?

Returns bahut kam (4–6%), aur charges high.

Q4. Monthly ₹2000 SIP se kya banega?

15 years me approx ₹10–12 lakh (13% return).

Pros & Cons — Term + Health + SIP Combo

Pros	Cons
Low cost + high protection Long-term wealth creation Financial peace of mind	SIP requires patience Term returns zero (pure protection) Health insurance yearly premium

Disclaimer: Ye financial guide educational hai. Investment/insurance decision expert consultation ke saath hi karein.

Beginner Financial Planning: Term + Health + SIP Step-by-Step Roadmap (2026)