PA305-AKPK'S

PERSONAL FINANCIAL
MANAGEMENT
PRESENTATION
CHAPTER 1,2,3&4

PREPARED BY
YEHSONIA N.MOGAN 10DAT12F1025
PRESTINA PRIYA JOSEPH 10DAT12F1035
YUDHISTRA SUBRAMANIAM

10DAT12F1070
YOGESWARAN KUMARAGURU
10DAT12F1072
PUNITHA RAMASAMY 10DAT12F1080

QUESTION 1
Sazali is an entreprenuer and had

started his own business since the last

2 years.He now has 2 branches in
Northern region and is planning to
open a new branch in Kuala Lumpur.In
order to open a new branch, a meeting
shall be organised to seek opinions
among the managements.As a financial
officer in one of the northern branch,
you are required to present the branch
cash flow position and other
information in the meeting.

You are required to provide

information based on the matters
listed below

a) Steps in preparing your

financial planning
b)The importance of having
financial plan
c)Give an illustrate of how of
you determine the net cash
flow position ***(use
budget and cash flow
statement as below)

a) Steps in preparing your financial

planning

1)Acessing your assets and liabilities.

2)Setting goals / develop your personal financial
goals
STEP 1: Identify and write down your goals eg:
-buy a new car
-save for the down payment for the new house
STEP 2: Break each goal down into those that
are
short-term(less than 1 year),mediumterm(more than 3
years so that they are
easier to monitor and achieve.
3)Creating a financial plan can make a profit of
entrepreneur.
4)Implementing the plan.(For eg: conducting a
business at Kuala Lumpur within 6 months)
5)Monitoring and reassessing the profit or lossof
entreprenuer.

b)The importance of having financial plan

Have more control of your financial affaires and be able to avoid

excessive spending,unmanageable debts,bankruptcy or dependence on

others

Have better personal relationships with people around you, because

you are happy with your life and you are not going around borrowing
money to make ends meet or expecting handouts from others.

Have a sense of freedom from financial worries because you have

planned for future,anticipated your expenses and achieved your

personal goals in life.

Be more effective in obtaining, using and protecting your financial

resources throughout your life time.

More information about your future needs and the resources that you

have.

Have peace of mind knowing that you are in control.

BUDGET (RM)

ACTUAL CASH
FLOW(RM)

Branch 1

529000

428000

Branch 2

380500

330908

Branch 3

120000

50000

Total Income

1029500

808908

Rent for branch 1

8000

8000

Rent for branch 2

8000

8000

Rent for branch 3

9000

9000

Business license 1

100

100

Business license 2

100

100

Business license 3

100

100

Material 1

48000

47500

Material 2

31000

30510

INCOME

Material 3

19050

15050

Advertising

5000

6000

Salary

12500

13500

Electrical/water

10800

12850

General expenses

8000

9550

Others

5000

6000

Total Monthly
Variable Expenses

164650

166260

Surplus

864850

642648

THANK YOU!!