Thursday, September 21, 2017

BCP - Keep your family afloat !


For my corporate friends BCP - Business Continuity Planning is quite common term. People working even in junior - mid management knows why BCP is essential and knows how to keep the business afloat in case of any misshapen.

Those who actually dosen't know what BCP means here is the official definition 

"BCP is the preparation and testing of measures that protect business operations and also provide the means for the recovery of technologies in the event of any loss, damage or failure of facilities"

Basically it’s the strategy to keep your business afloat..
Your company is doing good for their business.. what about your family.. ??

Have you guys ever thought of implementation of BCP with your family ?

So, here is the quick checklist.. 
  • Are your dependents secure enough without you ?
  • Do your family knows your investment details ?
  • Do you have nominee in your PPF account ? 
  • Do all your loans are insured ?
  • Annual full body check up ?
  • Retirement ?
If you answered a single NO then my friend WAKE UP! 

If you guys are reading my blog then I assume you seems to be quite intelligent ;-). So, I don't want to teach you guys to where to invest or not. But I think we can manage below tasks easily.
  • Organize All Your Important Financial and Personal Documents So They Are Easy to Access
  • Keep Documents in Fire-Proof Safe or Safe-Deposit Box
  • Develop List of Key Financial, Legal Contacts 
  • Make Sure your wife knows all the Passwords to Access Financial Information
Emotional appeal :-)

Being a Hindu (proud hindu). I do believe in rebirth and remind you that's not possible until you attain mokhsa and that is possible only for peaceful soul.  

I hope I've made my point.. 

Stay Healthy.. 
Dhiraj