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Macroedgeby Dilnawaz Warisi
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Quick notes and money words. Each note links to a full lesson on the Freedom Path.

New here? Start with the 6 free lessons, then use this page as a cheat sheet.

Open the Freedom Path

From the Freedom Path

Six lessons in order, about 1 hour total.

Quick notes

  • Freedom

    Your freedom number (30× spending)

    You're free when your pot is about 30 times a year of spending. Then you live on the growth, not the trunk.

    Read lesson 1

  • Safety

    The four bricks before you invest

    Clear costly debt, 6 months of expenses in safe money, your own health cover, pure term life if someone depends on you.

    Read lesson 2

  • SIP

    What is a SIP?

    A fixed amount invested every month, automatically. Builds the habit and smooths out market ups and downs.

    Read lesson 3

  • SIP

    Step-up SIP

    Raise your SIP when your salary rises, often 10% a year. You barely feel it; your freedom date moves a lot.

    Read lesson 3

  • Basics

    What is NAV?

    The price of one unit of a mutual fund on a given day. A high NAV doesn't mean a fund is “expensive”.

    Read lesson 4

  • Costs

    Direct vs regular plans

    Direct plans skip the distributor's yearly commission. Same fund, lower cost, more money stays with you.

    Read lesson 4

  • Investing

    Index funds (Nifty 50)

    Own the biggest companies in India in one fund. Most active funds don't beat the index over 10+ years after fees.

    Read lesson 4

  • ETF

    What is an ETF?

    A basket of stocks or gold you buy on the stock exchange, like a share. Usually very low cost.

    Read lesson 4

  • Costs

    Expense ratio

    The fee a fund charges you every year, as a % of your money. A 1% gap can cost lakhs over 25 years.

    Read lesson 4

  • Portfolio

    Equity, debt, and gold

    Engine, brakes, spare tyre: match the mix to when you need the money, not to today's headline.

    Read lesson 5

  • Portfolio

    Rebalancing once a year

    After a rally your equity share creeps up. Once a year, nudge back to your plan. Don't react to every news alert.

    Read lesson 6

  • Behaviour

    What to do when markets fall

    Dips are normal. If your goals are years away, your SIP is buying more units at a sale. Don't stop out of fear.

    Read lesson 6

Money words, explained

Tap a term in any lesson for the same definitions.

CAS
Consolidated Account Statement: one report listing all your mutual fund holdings across platforms.
Corpus
The total pot of money you've built up, or need to build.
Debt
Safer, steadier assets: FDs, EPF, PPF, debt mutual funds. Lower return, lower drama.
Direct plan
A mutual fund bought without a distributor, so you don't pay their yearly commission.
Emergency fund
About 6 months of spending kept in FD or savings, so you never sell investments in a panic.
Equity
Ownership in companies, usually via stocks or equity mutual funds. Higher ups and downs, higher long-term growth potential.
ETF
Exchange-traded fund: a basket of stocks or gold you buy on the stock exchange.
Expense ratio / TER
The yearly fee a fund charges, as a % of your money.
F&O
Futures and options: leveraged trading. Most individual traders lose money; not a path to freedom for beginners.
Financial freedom
Having enough invested that work becomes a choice: your money can pay for your life.
Index fund
A fund that copies a market index (e.g. Nifty 50) instead of picking individual stocks.
Inflation
Prices rising over time. It's why today's freedom number won't be enough in 20 years without a bigger pot.
Lumpsum
Investing a big amount in one go, instead of monthly.
NAV
Net Asset Value: the price of one unit of a mutual fund on a given day.
Rebalancing
Moving money between equity, debt, and gold to get back to your planned mix.
Rule of 72
Quick maths: 72 ÷ yearly return % ≈ years for money to double (or for prices to double at a given inflation %).
SIP
Systematic Investment Plan: investing a fixed amount every month, automatically.
Step-up SIP
Raising your monthly SIP every year, usually when your salary goes up.
Term plan
Pure life insurance that pays your family if you die during the term. No investment mixed in.
ULIP
Unit-linked insurance plan. It mixes insurance with market investments; often complex and costly.

Want your numbers? Open the Freedom tracker or try the calculators.