Strategic Personal Finance Worksheet

The worksheet used by Dr. Uma Shashikant during her workshop on strategic personal finance is presented in this post.

The sheet allows a user to review present and future (projected) cash flow and can be summarized with a flow chart.

 

Strategic-personal-finance

I have modified the sheet so that a user can easily input the following.

Strategic-personal-finance-inputs

 

With these inputs, the sheet projects savings rate, and the value of each asset up to retirement.

A cash asset or liquid asset is for emergencies. Income assets is the debt portion of the folio and growth assets represent equity exposure.

The idea is to find out how the asset allocation choices we make will impact us in future.

Strategic-personal-finance-cash-flowSee this for Nuggets from the workshop on “strategic personal finance”

This sheet can be used to get perspectives on,

  • ‘are we spending too much’,
  • ‘are we investing too little’,
  • ‘will we end up having enough in future’

I did not want to change the character of the sheet, and hence did not make further changes.  I would prefer adding future goal corpus values in this cash flow. If you wish to do that, you can use the Integrated Financial Planner

Download the Strategic Personal Finance Worksheet

Want to conduct a sales-free "basics of money management" session in your office?
I conduct free seminars to employees or societies. Only the very basics and getting-started steps are discussed (no scary math):For example: How to define financial goals, how to save tax with a clear goal in mind; How to use a credit card for maximum benefit; When to buy a house; How to start investing; how to invest for and after retirement etc. depending on the audience. If you are interested, you can contact me: freefincal [at] Gmail [dot] com. You need to only cover my travel fare for the session.

Connect with us on social media


Do check out my books


You Can Be Rich Too with Goal-Based InvestingYou can be rich 243x300 - Strategic Personal Finance Worksheet

My first book is now available at a 35% discount for Rs. 258. It comes with nine online calculators. Get it now.  The Kindle edition is only Rs. 199.

Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want

Cover pink - Strategic Personal Finance Worksheet My second book is now only Rs 199 (Kindle Rs. 99) Get it or gift it to a young earner

The ultimate guide to travel by Pranav Surya

Travel-Training-Kit-Cover This is a deep dive analysis into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, how travelling slowly is better financially and psychologically with links to the web pages and hand-holding at every step.  Get the pdf for ₹199 (instant download)

Create a "from start to finish" financial plan with this free robo advisory software template


Free Apps for your Android Phone

All calculators from our book, “You can be Rich Too” are now available on Google Play!
Install Financial Freedom App! (Google Play Store)
Install Freefincal Retirement Planner App! (Google Play Store)
Find out if you have enough to say "FU" to your employer (Google Play Store)

About Freefincal

Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.

Blog Comment Policy

Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.

18 thoughts on “Strategic Personal Finance Worksheet

  1. sir, where is the said sheet downloadable or where inputs be varied? i did not find here or the previous related post, nor could change the inputs in the post sheet ( green cells). or simply misunderstood the post ! or some problem with my computer setting !

  2. sir, where is the said sheet downloadable or where inputs be varied? i did not find here or the previous related post, nor could change the inputs in the post sheet ( green cells). or simply misunderstood the post ! or some problem with my computer setting !

  3. one thing…

    it is not clear whether the cell for income input refers to Annual Income or Monthly Income since the workings will be totally linked to this. please clarify. Thanks

  4. one thing…

    it is not clear whether the cell for income input refers to Annual Income or Monthly Income since the workings will be totally linked to this. please clarify. Thanks

Leave a Reply

Your email address will not be published. Required fields are marked *