After all, the good things in life usually cost money—a whole lot of money.

1. JUNE
2017
HERE’S HOW YOU
MAKE YOUR ANNUAL
FINANCIAL CALENDAR

2. WANT TOTRAVEL ABROAD THIS YEAR?
Ormaybe,youhave youreyes setona new house? Or
buy a new car?
Super!Congratulations.
BUT WHAT ABOUT THE MONEY?

3. LET’S SAY YOU ARE TRAVELLINGTOITALY IN OCTOBER
Itwill cost you:
Rs 40,000forreturnairfare
Rs 50,000foraccommodation
Rs 30,000forfood,otherexpenses
One salarywould notbe enoughtopayforthis.
Plus,youspendforthis atdifferenttimes—like3
months before the tripwhenyoubook
yourtickets.

4. DOYOU HAVE ENOUGH TOAFFORDALL THIS AND
CONTINUE LIVINGA GOOD LIFE?
Solution:
A beautifulannualfinancialcalendar
LET US HELP YOU MAKE ONE.
TUESDAY
7JUNE
SUN MON TUE W ED THU
FRI SAT
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

6. STEP 1
ASSESS YOUR FINANCIAL CONDITION
AND SET REASONABLE GOALS
Divide themintoshort-termandlong-termgoals. This
sets a clearpathforplanning.

7. HAVE THE VISION TOMAKE PROVISIONS
Setaside a partof yourmonthly income foryourfixed
expenditure.
These are the expenses youabsolutelycannot affordtoavoid.
This includes loanEquatedMonthly Instalments (EMIs),rent,
utilitybills,etc.
STEP 2

8. FROM WHATEVER IS LEFT, SAVE A PORTION.
This couldbe foryourannual goals likethe Italytrip,
birthdays andanniversaries,etc.
Itcouldalsoinclude yourinsurance andmonthly
investments forfuture goals.
STEP 3

9. TAX
Startwiththe three priorities inlife—safety,savingtaxand
beingready foremergencies
HealthandTermLife Insurance—simple andcheap!
Tax-savinginvestments—divide into12andinvesteverymonth Small
monthly investments of Rs 500or1,000
foremergencies
Otherpriorities canbe:Buyinga house,gettingmarried,having
kids,savingtostartyourown firm
andpost-retirement kitty.
IF YOU DON’T HAVE THESE PLANNED, START RIGHT AWAY.

10. SPEND THE REMAININGAMOUNT TOYOUR
HEART’S CONTENT.
Afterall,what goodis a planthatshuns leisure and
entertainment!
STEP 4

11. WAIT...IT’S NOT OVER YET!
Learntodivide andrule.
Spreadout yourmajor expenditures overa couple of
months.
Schedule yourexpenses andinvestments correctly inthe
month.
STEP 5
WAIT

12. 1stWeek
2ndWeek
Tax-savinginvestments
Insurance premiums
3rdWeek
Telephone bills
Otherutilitybills
4thWeek
Entertainmentandleisure
Emergency fund
EMI
Rent
Otherfixedexpenditure
WEEK EXPENDITURE

13. Keepsavings ina separate bankaccount. This helps ensure you don’t
spendit.
Prioritiseyourexpenditure. Know what youneed,andwhat youwant.
Considerautomating bothyourexpenses andyourinvestments to satisfy
the lazybone.
Use EMI calculators,reminderapps,budgetingtools to
checkexpenses,etc.– whatever helps youtick.
Use creditcards wiselytodelaypayments by
one-and-a-half month. But
don’t pile ondebt.
SOME SMART TIPS THAT CAN COME TOYOUR HELP:

14. It takes onlyanhourorso tomakeyourcalendar.
But it cansavehours anddays of timeinthe whole year.
Plus,witha healthy plan,youare betterprepared—bothforgoals andemergencies. Youcan
masterthis art withsystematic financialplanning.
A well thought of financialcalendarcomes handyinthis case.
REMEMBER: