PERSONAL

FINANCIAL PLANNER

ROLL NO-37
BY:-SUMIT N. SATPUTE
WHAT IS PFP ?

 PERSONAL FINANCIAL PLANNING IS THE PROCESS OF

GATHERING AND ANALYZING PROCESS OF FINANCIAL
DATA AND DEVELOP A SET OF STRATEGIES TO HELP
PEOPLE ACHIEVE THEIR FINANCIAL GOALS.

 IT IS AN INTEGRATED PLAN WHICH FOCUSES ON

DEFINING THE INDIVIDUAL GOALS AND PUTTING
TOGETHER THE PLAN THAT INCLUDES ALL ASPECTS OF
ONE’S FINANCIAL LIFE.

 “Financial management is nothing but to

manage cash out flow by considering the cash
inflow and future obligation towards family.”
Why is Financial Planning Required ?

 Long term and short term objective.

 Secure the future of yourself and
family.
 Unpredicted events.
 Family future protection
 Peaceful retired life
 Discharge of family obligation
FINANCIAL PLANNING….

 FOR
 MR. ROY
 AGE = 35
ABOUT PLANNER….

 THIS PLANNER IS MADE FOR AN INDIVIDUAL WHO

WORKING AS AN BUSINESS MAN (SOLE TRADER).
 THIS PALNNER IS TO HELP HIM OUT FROM VARIOUS
UPCOMING ACTIONS AND MAKE HIM TO TAKE AN
CORRECT DICISON AMONG CERTAIN CRITERIA.
 THIS PLANNER CONSIST OF
1. INCOME-EXPENSE ANALYSIS
2. EXPESES
3. NETWORTH
4. RISK MANAGEMENT
ABOUT PLANNER….

1. FINANCIAL ASSET
2. ASSET ALLOCATION
3. GOALS
4. EDUCATION
5. CASH FLOW
6. ACTION PLAN
INCOME-EXPENSE ANALYSIS

SOURCE OF MONTHLY YEARLY

INCOME

SALARY 90000 1080000

MONTHLY 25000 300000

RENT RECD

BONUS RECD - -
THIS YEAR

TOTAL 115000 1380000

AMOUNT
EXPENSES
EXPENSE MONTHLY YEARLY
SOURCE
HOUSEHOLD 35000 420000
VEHICLES(CAR 12000 144000
AND BIKE)
VEHICLE 5000 30000 (6
EMI(BIKE) MONTHS)
VACATION EXP 30000 60000(TWICE A
YEAR)
EDUCATION 3000 36000
EXPENSE
LIFE INSURANCE 5,800 69600
PREMIUM
TOTAL 90,800 6,99,600
NETWORTH
ASSET AMOUNT LIABILITIES AMOUNT
FIXED 4,50,00,000 VEHICLE 30,000
ASSETS LOAN

FINANCIAL 75,00,000 BILL 1,50,000

ASSET PAYABLE
OTHER 8,00,000 OTHER 25,00,000
ASSET LOAN

TOTAL 5,33,00,000 TOTAL 26,80,000

NETWORTH 50620000
RISK MANAGEMENT

PARTICULAR AMOUNT INCREASE/ AMOUNT

DECREASE
HOUSEHOL 420000 I.E -10000 300000 I.E
D 35000 25000
VACATION 60000 -60000 DUE 0
TO
GLOBAL
PANDEMIC
RENT 300000 I.E +60000 360000 I.E
RECIEVAB 25000 30000
LE
RISK MANAGEMENT

 DUE TO COVID, THERE IS A HUGE DOWNFALL IN

ECONOMY AND ALSO HAVE LEAD TO HIGH RATE OF
UNEMPLOYMENT, SO THE EXPENSES OF HOUSEHOLD
AND MONEY SPENT ON VACATION MUST BE REDUCED.

 TO EARN A LITTLE MORE, THE RENT OF SHOP

ALLOCATED MUST BE INCREASED A LITTLE.

 BECAUSE OF THIS THE SHOPES WHERE CLOSE IN

LOCKDOWN. SO THAT AFFECTS A BUSINESS A LOT.

 EARNING WAS LOW AS COMPARED TO BEFORE

LOCKDOWN.
FINANCIAL ASSETS
PARTICULARS AMOUNT INCREMENT
ESTIMATED
FUNDS 7,00,000 7,50,000
AVAILABLE
YEARLY
FUNDS TO BE 4,00,000 4,50,000
INVESTED IN
STOCK
MARKET
FUND 2,00,000 2,50,000
INVESTED IN
EDUCATION
AND OTHER
POLICIES
SAFETY FUNDS 1,00,000 1,00,000
ASSET ALLOCATION

TYPE

25
EQUITY
% 45 DEBT
% CASH
35
%

THIS HELPS TO TAKE CORRECT DECISION IN CERTAIN CIRCUMSTANCES

GOALS
GOAL PRESENT YEARS TO GO FUTURE COST
COST

SAFETY FUND 2,00,000 - 2,00,000

FOR MEDICAL
EMERGENCY

NEW HOUSE 3,00,00,000 3,50,00,000

VACATIONS 60,000 P. A ANNUAL -

EDUCATION PLANNING

CHILD NAME EDUCATION YEARS TO GO ESTIMATED

LEVEL AMOUNT PER
YEAR
ANAY ROY POST 2 2,50,000
GRADUATI
ON
MAHIR GRADUATI 2 1,50,000
ROY ON
RIYA ROY POST 3 2.50,000
GRADUATI
ON
CASH FLOW
YEAR SALARY RENTS INCOME TOTAL VACATION CASH
FROM EXPENSE
FINANCIAL S FLOW
ASSET

2022 1080000 300000 1,00,000 7,00,000 70,000 7,10,

000

2023 1080000 300000 1,00,000 7,20,000 1,00,000 6,80,

000

2024 1080000 320000 1,00,000 7,20,000 1,00,000 6,80,

000
2025 1080000 320000 1,00,000 8,00,000 1,00,000 6,00,
000

2026 1200000 350000 1,50,000 8,00,000 1,00,000 6,80,

000

2027 1200000 350000 1,50,000 8,50,000 1,00,000 6,80,

000

2028 1200000 370000 1,50,000 8,50,000 1,00,000 7,00,

000
ACTION TO BE TAKEN(PLAN)
 BUILDMORE SAFETY FUND IN
CASE OF MEDICIAL EMERGENCY.
 STARTMAKING FIXED DEPOSIT
INCASE OF IDLE FUNDS.
 STARTINVESTING MORE IN ORDER
TO ACHIEVE GOAL OF NEW HOUSE.
 DECREASETHE AMOUNT SPEND ON
VEHICLE MAINTAINENCE AND FUEL
THANK YOU