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

Install Financial Freedom App! (Google Play Store)

Install Freefincal Retirement Planner App! (Google Play Store)

book-footer

Buy our New Book!

You Can Be Rich With Goal-based Investing A book by  P V Subramanyam (subramoney.com) & M Pattabiraman. Hard bound. Price: Rs. 399/- and Kindle Rs. 349/-. Read more about the book and pre-order now!
Practical advice + calculators for you to develop personalised investment solutions

Thank you for reading. You may also like

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. vibhavshah

    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 !

    Reply
  2. vibhavshah

    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 !

    Reply
  3. chellamani

    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

    Reply
  4. chellamani

    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

    Reply

Do let us know what you think about the article