for

Young
Adults

FIN533: PERSONAL
FINANCIAL PLANNING

FAMILY’S
FINANCIAL
PLANNING
PREPARED BY:
MUHAMMAD NUR AISAMUDDIN
BIN HASSAN
2022844936 (RBA243 3B)

PREPARED FOR:
DR. NURUL LABANIHUDA BINTI
ABDULL RAHMAN
 BACKGROUND

for
Young
Adults

MRS TENGKU MASITA BINTI TENGKU MANSOR, 58, IS A

01 KINDERGARTEN TEACHER (KEMAS) AT TABIKA KEMAS TAMAN
SPPK AT SEGAMBUT, KUALA LUMPUR. SHE HAS MORE OR LESS
THAN 1 YEAR AND A HALF BEFORE SHE RETIRED. THE MONTHLY
INCOME IS ABOUT RM4,000 PER MONTH, WHICH IS ALSO
ABOUT RM48,000 PER YEAR. SHE IS A MOTHER OF MINE.

MRS TENGKU MASITA IS A WIDOW WITH 4 SONS. 2 OF THEM

ALREADY MARRIED AND STAY WITH THEIR FAMILY. WHILE
THE OTHER TWO INCLUDING ME ARE LIVING TOGETHER WITH 02
HER. SHE ONLY HAS 1 RESPONSIBILITY WHICH IS ME
(MUHAMMAD NUR AISAMUDDIN BIN HASSAN) THAT
CURRENTLY PURSUING A DEGREE IN UITM ARAU PERLIS.

ALTHOUGH MRS. TENGKU MASITA STILL WORKING, SHE HAVE

03 A REGULAR MEDICAL CHECK-UP AT HOSPITAL KUALA LUMPUR
BECAUSE OF DIABETES AND HEART DISEASE.

MRS. TENGKU MASITA CURRENTLY LIVING IN APARTMENT 1

(SRI SINAR) WHILE HAVING 2 OTHER HOUSES THAT WERE
BOUGHT BY HER LATE HUSBAND WHICH ARE APARTMENT 2 04
(BUKIT BERUNTUNG) AND TERRACE (SEGAMBUTLUAR). SHE
RENTING THOSE 2 HOUSES FOR ADDITIONAL INCOME. SHE
ALSO HAS 1 MOTORCYCLE (YAMAHA EGO AVANTIZ) FOR HER
DAILY USE AND FOR HER TO GO TO WORK.
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MONTHLY EXPENSES
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BALANCE SHEET ts
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INCOME TAX
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 FINANCIAL RATIO

CURRENT RATIO
01
REGARDING THE CURRENT RATIO, IT SHOWS THAT MRS.
TENGKU MASITA HAS A GOOD VALUE OF LIQUIDITY
POSITION BECAUSE THE CURRENT RATIO IS MORE THAN 1.
THIS MEAN SHE IS ABLE TO PAY SHORT-TERM OBLIGATIONS

LIQUID ASSET TO TAKE HOME PAY 02

BASED ON THE LIQUID ASSETS TO TAKE HOMEPAY RATIO, THE
LIQUIDITY IS 332.63% WHICH IS LIQUID ENOUGH FOR MRS.
TENGKU MASITA’S BE ON THE SAFE SIDE. BECAUSE THE IDEAL
RATIO MUST BE MORE THAN 25% AT 3-6 MONTHS OF TAKE-
HOME PAY.

DEBT RATIO
03 THE BEST AMOUNT OF DEBT RATIO IS NOT MORE THAN 30%
TO AVOID DIFFICULTIES IN GETTING NEW LOANS. MRS.
TENGKU MASITA’S DEBT RATIO IS JUST 0.097% WHICH IS A
GOOD AMOUNT OF DEBT RATIO.

04
SAVING RATIO
BASED ON MRS. TENGKU MASITA SAVING RATIO, IT SHOWS
THAT SHE HAS A GOOD RATIO OF SAVING BECAUSE SHE HAS
MORE THAN 20% OF SAVING. THE SAVING AMOUNT IS
312.50%
 COMMENT &
ADVICE
01
BASED ON THE BALANCE SHEET OF
MRS. TENGKU MASITA, IT SHOWS
THAT MRS. TENGKU MASITA’S
FAMILY HAS A STABLE FINANCIAL
POSITION SINCE HER SAVINGS
ARE LARGE ENOUGH TO COVER
HER LIABILITIES WHICH ARE
TOTAL ASSETS ARE RM 1,338,000
AND HER TOTAL LIABILITIES ARE
RM1,300. THEREFORE, SHE HAS NO
DIFFICULTIES PAYING HER
CURRENT DEBTS BASED ON THE
PERCENT OF RATIOS. HER WORTH
IS RM1,336,700 AND HAS A LOW
AMOUNT OF LIABILITIES THAT
SHOW AS STABLE AT FINANCIAL .
THERE ARE ONLY 2 THINGS UNDER
HER CURRENT LIABILITIES
WHICH IS CREDIT CARD
AMOUNTED RM1,300 AND
UTILITIES OVERDUE AMOUNTED
RM300.
ON THE OTHER HAND, MRS
TENGKU MASITA SHOWS THAT
SHE IS FOCUSING IN SAVING
AND INVESTMENT FOR HER
FUTURE AS A SAFE POSITION.
for
Young
Adults
02
REGARDING THE CASH FLOW,
MRS. TENGKU MASITA HAS
ENCOUNTERED A DEFICIT IN THE
CONTRIBUTION OF SAVINGS.
FROM HER EXPENSES, IT SHOW
THAT SHE SPENT MORE ON BILLS
LIKE UTILITIES, UNIFI, AND
TELEPHONE BILLS. OTHER THAN
THAT, SHE ALSO NEEDS TO PAY
FOR HER SON'S (AISAMUDDIN)
UNIVERSITY FEES AND HER SON’S
ALLOWANCE. BUT THIS YEAR, SHE
SHOWED AN INCREASE IN MONEY
BECAUSE SHE USED RM150,000
FOR THE RENOVATION OF THE
TERRACE (SEGAMBUT LUAR). SHE
USED HER SAVINGS TO CARRY
OUT THE RENOVATION.
BESIDES THAT, THE INCOME TAX
SHOWS THAT MRS. TENGKU
MASITA HAS A GOOD RESULT
BECAUSE HER TAX REFUND IS
RM4371.50. THIS MEANS THAT
SHE DOES NOT HAVE TO PAY FOR
THE TAX.
 RECOMMENDATIONS
for
Young
Adults

01 02
INSURANCE PLANNING INVESTMENT

THE PURPOSE OF MRS. TENGKU INVESTMENT PLANNING IS AN

MASITA BUYING LIFE INSURANCE IMPORTANT PART OF FINANCIAL
TO ENSURE THAT HER FAMILY IS PLANNING. GOOD PLANNING
FINANCIALLY SECURE. SHE NEEDS WILL HELP THE INVESTOR TO
TO ENSURE THAT HER FAMILY ACHIEVE THEIR FINANCIAL
WELL WELL-BEING IN THE FUTURE GOALS. IT IS IMPORTANT TO
IS SECURE BECAUSE SHE CANNOT PLAN FOR INVESTMENT TO
PREDICT WHAT WILL HAPPEN IN PREPARE FOR THE FUTURE AND
THE FUTURE. HAVE A COMFORTABLE
RETIREMENT IN THE FUTURE.
OTHER THAN THAT SHE ALSO
NEEDS MEDICAL INSURANCE FOR BASED ON MRS TENGKU MASITA
THE FUTURE IF ANYTHING BALANCE SHEET, SHE ONLY
HAPPENS TO HER SO THAT THE INVESTED IN TABUNG HAJI AND
INSURANCE CAN HELP HER TO AMANAH SAHAM BERHAD (ASB).
LIGHTEN HER BURDEN TO PAY FOR SHE ALSO CAN INVEST IN PUBLIC
THE MEDICAL EXPENSES. SHE GOLD BECAUSE GOLD PRICES
ALSO SUFFERED FROM HEART WILL ALWAYS INCREASE IN
DISEASE SO IT IS A MUST FOR TIME. SHE ALSO CAN KEEP THE
HER. PHYSICAL GOLD FOR
EMERGENCIES IF ANYTHING
HAPPENS IN THE FUTURE AND IF
SHE NEEDS MONEY SHE CAN JUST
SELL IT BACK TO GAIN MONEY.