How to Start Financial Planning For Couples | Depend On Insurance S6 E3
Here are the five key takeaways from this episode:
• Have a “Money Date”: Regularly discuss financial goals, debts, and savings to build transparency and shared responsibility in your relationship.
• Talk Openly About Finances: Honest conversations about income, loans, and insurance policies help strengthen trust and prevent future stress.
• Prioritize Life Insurance: Protect your family’s future with the right life insurance policy plan and guaranteed savings insurance plan to ensure long-term financial security.
• Balance Life Goals: Plan for your child’s education and future, but remember, your retirement and life insurance investments must come first.
• Be Financially Aware: Financial planning is not just for experts, understanding your life insurance benefits, savings plans, and investments empowers both partners to make smarter decisions.
In this insightful episode of Depend on Insurance, Rishi Mathur, Chief Marketing Officer at Canara HSBC Life Insurance, is joined by Mrin Agarwal, Founder of Finsafe and Womantra, to discuss how couples can achieve true financial security through shared awareness, smart investments, and the right insurance products.
The conversation dives deep into the real-life financial challenges that couples face, ranging from income disparities to lack of communication, and how these can impact long-term wealth creation. Mrin highlights why financial honesty and collaboration are essential, and how setting clear goals, backed by a sound life insurance policy, can transform the way families plan for the future.
The episode emphasises the role of insurance as an investment, not just a safety net. With Canara HSBC Life Insurance’s savings insurance plans, couples can align their life goal planning with tailored financial products designed to protect and grow their wealth. A guaranteed savings insurance plan offers both protection and assured returns, making it a smart way to balance risk and reward in your financial planning journey.
Throughout the discussion, viewers learn why it’s vital to build an emergency fund, secure comprehensive life insurance coverage, and regularly review one’s life insurance premium and policy benefits. Whether it’s safeguarding your loved ones from unforeseen challenges or achieving long-term aspirations, the right life insurance investment forms the cornerstone of financial well-being.
This episode serves as a reminder that managing money together is more than budgeting; it’s about partnership, awareness, and protection. By combining financial advice with actionable insights, Canara HSBC Life Insurance continues to empower individuals and families to plan, protect, and prosper.
Watch now to learn how a thoughtful life insurance policy plan can help you and your partner take confident steps toward a secure and stress-free financial future with Canara HSBC Life Insurance, Your Promises Ka Partner!
Video overview: 00:00:00 - 00:01:48 - Opening question & episode kickoff 00:01:48 - 00:03:38 - Host & guest introductions 00:03:38 - 00:05:34 - Why financial education matters 00:05:34 - 00:08:01 - Common money mistakes couples make 00:08:01 - 00:12:08 - The “Money Date”, transparency & sharing financial info 00:12:08 - 00:13:06 - How having children changes financial priorities 00:13:06 - 00:15:25 - Kids vs retirement 00:15:25 - 00:20:08 - Retirement planning when incomes/ages differ & investing principles 00:20:08 - 00:21:24 - Emergency funds, life & health insurance fundamentals 00:21:24 - 00:36:04 - Case studies & real-life examples 00:36:04 - 00:40:19 - Household income roles, allocation, and balance 00:40:19 - 00:44:03 - Myths vs realities in financial planning 00:44:03 - 00:46:18 - Insurance gaps, planning early & lifestyle assumptions 00:46:18 - 00:48:30 - Digital spending habits, QR codes & convenience costs 00:48:30 - 00:50:40 - Quickfire Q&A, final tips & closing
