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

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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

Comments are closed.