This document provides an introduction to personal financial management. It discusses that personal financial management is about making wise financial decisions regarding investments, disinvestments, loans, and major purchases. It provides some pointers for personal financial management, including keeping household and lifestyle expenses below 35% of post-tax earnings, keeping EMIs below 45% of post-tax earnings, and saving at least 20% of post-tax earnings. It also stresses the importance of having a cash reserve of at least 6 months of expenses and proper financial protection for liabilities and responsibilities.

1. Welcome to Personal financial
management !
Presented by :
Ashish Ramesh Bhave.

2. What is Personal financial
management ?

3. Most of the times it is understood as
making wise investment decisions.
However it is wrong.

4. It is about taking wise financial
decisions.
Weather it is about investments ,
disinvestments , Loans , major
purchase etc.

5. Personal financial management
some pointers.

6. Your household expenses and life style
expenses should not be more than
35% of your post tax earnings.

7. Your EMIS’s put together should not
be more than 45% of your post tax
earnings.

8. Your savings should be at least 20% of
your post tax earnings.
If it is more than this then you will have
a different quality of life and may have
a good chances for wealth creation.

9. You should have at least 6 months expense as cash
reserves with you.
This expenses includes
Household expenses,
Life style expenses,
Fixed commitments like EMI’s , insurance premiums
and dependent expenses.
This will change as per the nature of your work.

10. You should have a proper protection against your
financial liabilities and responsibilities.
Liabilities towards your family.
Responsibilities towards children.
Responsibilities towards your own.

11. Do you have any purpose in mind when you take
any financial decision ?
Why ?
What ?
When ?
Financial decision without purpose may come out
useless for you .

12. Your Personal financial management and your
company’s financial management are two
independent things and should run parallel.

13. Value your hard earned money.

14. ARB Financial consultants
We are one of the leading fee based financial planning firm
in Pune, working with a mission to provide financial planning
to large cross section of the society .
Our specialty :
1. Financial planning is a full time activity for us.
2. Not in selling of financial products.
3. Provide unbiased advice to our client.
4. Want to build long term relationship.
5. Driven by business ethics
6. Customized approach .
Accessible , Reliable and Believable relationship

15. For more information
Contact us :
Ashish Ramesh Bhave ,
Chief financial planner.
ARB Financial consultants .
“ Snehashanti “, Navi Peth, Off shastri road.
Pune.
Website : www.arbfinancials.com
Email : info@arbfinancials.com
: arbfinancials@gmail.com
Cell : +91- 8793107044
Accessible , Reliable and Believable relationship
ARB financial consultants, Pune