Highlight 10 critical personal financial problems faced by individuals/ households in India, where the time value of money methodology can be deployed to find out solutions for such problems. Choose once such problem, relating to an individual (s) of your family/extended family and develop a self-guided time value of money assignment. Before developing the assignment once again read the case Buy and Rent dilemma(https://hbsp.harvard.edu/tu/a2f28abf) and Krishna's retirement plan(https://hbsp.harvard.edu/tu/a514bd12) and may contextualise your write up accordingly. While writing your assignment bear in mind the following points:

Select a suitable title for the assignment

Select a topic that remained a challenge for the concerned individual (s) to handle real life personal financial issues (Problems could be cash flow issues/struggles meeting future financial goals.... Etc)

Narrate the personal financial problem statement in detail in the assignment with facts and figures.

Explore the challenges and opportunities associated with the identified financial problems.

Link the problem statement with the Time Value of Money concepts.

The assignment should compromise (i) a detail discussion about critical personal financial problem statement of the concerned individual (s)/ household and (ii) tentative quantitative solutions (deploy time value of money methodology to provide tentative quantitative solutions.

Assess short term and long-term financial goals, while considering Time Value of Money. Find the way to optimally advocate/invest in the funds to achieve the future financial goals.

Discuss the most effective way the financial problems cited can be handled.

Identify socio-economic cultural factors those may affect resolving the critical personal financial issues at hand.

Analyse whether the solutions provided can meet the future cash flow needs.

You may ascribe qualitative considerations along with the quantitative solutions to arrive at the solutions.