Strategic Personal Finance Worksheet

Published on / By M. Pattabiraman Twitter: @pattufreefincal / 18 Comments

Published: August 5, 2015 at 9:10 am

Last Updated on December 18, 2021

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

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    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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