The document discusses the importance of financial planning and goal setting. It states that the starting point for achieving any goal is to have a plan for it. When a goal is planned out in a specific, measurable, achievable, realistic and time-bound manner it becomes a "SMART" goal. Examples are given of vague goals versus SMART goals. The document emphasizes that many goals are delayed or not fulfilled because people only wishfully think about goals rather than making definite plans to achieve them. Financial planning tools like savings ratios, expense tracking and budgeting are presented as ways to help people set and achieve financial goals in a planned manner.

2. QuotesofWisdom

3. • Financial Planning is a process of setting and
achieving long/medium/short terms financial
goals through the use of:-
1. Saving
2. Credit(Money)
3. Insurance
4. Pension
5. Other events planning
6. Manage money
7. Manage Debt
8. Financial diary
9. Spend wisely
10.Reduce expenses

4. Kaei ka Financial Planning…..
What? Why? How?

6. How do success people plan???

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NATIONAL ACADEMY OF RUDSETI FIN LIT
RAVIKRISHNAN PRESENTATION
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Planning: The Mantra of Success!
The starting point to
achieve any Goal is
to have a plan for it.
Once you have a plan,
it is no more a vague goal,
it becomes a
SMART goal.

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NATIONAL ACADEMY OF RUDSETI FIN LIT
RAVIKRISHNAN PRESENTATION
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SMART NOT SMART SMART
SPECIFIC I WANT TO BUY A
CYCLE
I WANT TO BUY A BSA
CYCLE
MEASURA
BLE
I WILL NEED SOME
MONEY TO BY A CYCLE
I WILL NEDD RS 3000 TO
BUY A BSA CYCLE
ACHIEVABL
E
I WILL SOME HOW BUY
THE CYCLE
I WILL ASK MY PARENTS TO
GET ME THE CYCLE
REALISTIC I WILL BUY THE CYCLE
BY WINNING A
LOTTERY
I WILL START SAVING TO
BUY A CYCLE
TIME
BOUND
I WILL BUY THE CYCLE
SOME TIME IN THE
FUTURE
I WILL SAVE RS 300
EVERYMONTH TO BUY THE
CYCLE IN 10 MONTHS TIME

9. SAVINGS RATIO
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NATIONAL ACADEMY OF RUDSETI FIN LIT
RAVIKRISHNAN PRESENTATION
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NATIONAL ACADEMY OF RUDSETI FIN LIT
RAVIKRISHNAN PRESENTATION
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11. Money earns from various Sources

12. Deployment of money to earns more
returns

14. Avoidable
vs
Avoidable
expenses
Die
sel

15. Expenses>Income-No Saving

16. Shah Ram bad Kit Ram

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NATIONAL ACADEMY OF RUDSETI FIN LIT
RAVIKRISHNAN PRESENTATION
17
Planning: The Mantra of
Success!
We all have Goals in life:
I want to buy an IPAD
I want to go for a movie
I want to buy a cycle
I want to get admission in ABC
College

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NATIONAL ACADEMY OF RUDSETI FIN LIT
RAVIKRISHNAN PRESENTATION
18
Planning: The Mantra of Success!
Have you ever wondered why
many of our goals are delayed
or worse not fulfilled?
Well, simply because we are
wishful about our goals and we
have no definite PLAN to
achieve these cherished goals.

19. Life even Cycle

20. • Goal Setting for Financial Planning
( charts) by listing down their own goals

21. Understand what is…….??
• Various Cycle of Poverty (Charts)

22. • Grass hopper examples
• Ganga Jamna Videos

23. Exercise on Goal and Budgeting
• Use the Financial planning formats

24. Planned and unplanned Life
• Use the Charts