1. A
Seminar
On
Financial Fitness
Presented By: Sandeep Wakchaure

2. ABSTRACT
In today's life we always realize that we need to manage our
spending, we have to manage our money. We think there should be a
balance sheet which useful to analysis where the money are spend or
how much with each month are spent, and further how we can
manage by reviewing this sheet.
In this presentation I have added same thing, which state the
mode of expenses and way to mange all these. It also describe the
different ways of saving and ratio of expenses, tricks to save manage
your money , rules for better money managements.

3. Outline
 What, Why, How
 Finance Fitness calculations
 What kind of Saving
 Tricks to save money
 To save or Invest
 Ways to be a financial fit
 What if expenses exceed income
 Conclusion

4. What, Why, How
 Before starting with presentations once we came across the
answer of this questions is what we are going to discuss
now, why it is need, and how we can do it then it will
become more easy to understand it.
 What – Financial Fitness nothing but managing your
money in saving, expenses by certain ways or tricks and be
ready/ fit with any further economical situation.
 Why- In today’s life we always heard about “I need to earn
more”, shit I have lots of expense , “My salary in not enough
as per my needs”, there is no money for any emergency, my
saving are zeros.
 How- To solve all above mentioned problem we need one
stop solution ie Money Management.

5. Calculation for fitness Plan
Calculate Current financial resources:
 Net worth: the total value of what you own (assets) minus
what you owe (liabilities)
Assets - Possessions, vehicles, home, bank accounts,
investments, etc.
Liabilities- Remaining mortgage on your home, any
loans/debts, etc.
Subtract your liabilities from your assets.
 Goal: a positive net worth, which grows each year
review your net worth annually.

6. What kind Saving
 Investment Saving
 Educational Saving
 Entertainment Saving
 Regular Saving
 Investment Saving : 10% of monthly income, you
can put in to insurance, property, Shares.
 Regular Saving : you can use it for any emergency or
any outing or unplanned purchase.

7. Cont..
 Educational Saving : 10 % of your earnings, so that in
feature you don’t need to worry about
 Entertainment Saving : 10 % you can spend on your
self , movie, phone.
 Remaining 60 % of Money – you can use it for Food ,
utilizes, Bills, Mortgage, Loans.

8. Tricks to save money
 Spend Less Money Than You Earn.
 Start with a “spending plan” or budget plan.
 Add up monthly income: salary, average tips or bonuses,
other any income etc.
 Add up monthly expenses: mortgage or rent, car
payments, food bills, entertainment, etc.
 Include savings as an expense!
 Subtract income from expenses

9. To Save or Invest ….???
 Investing money is really better than the keeping them in bank, or keep
at home as saving , In case you have enough money as saving for future
plan you can put money as INVESTMENT, below are some areas where
you will get a good returns,
 Stocks
 Real estate
 Foreign investments
 Mutual funds
 Any manageable business.

10.  Put a broad limit to regular expenses so that they do not go out of control.
 Look at various payment options such as zero-interest EMI while buying a
valuable item.
 Do not hesitate to ask for discounts and complementary services.
 Before making a big purchase, surf the Internet to look for discounts.
 The Internet can also help you save on brokerage while buying an
insurance product or even a house.
 No more than a third of one's net income should be used to service debt;
savings must be at least one-third the income.
Ways to be a Financial fit…

11. What if expenses exceed income?
 Cut Expenses
 Clipping grocery coupons
 Bargain hunting
 Real savings: housing & transportation!
 Increase Income
 work a part-time second job
 turn a hobby into income
 Jointly decide that another family member will work

12. Conclusion
In this presentation we discussed about what all
are the ways to manage your money, how we can divide
our earning by making a correct plan and how we can
put saving in different areas.
Also we seen several tricks and rules to save
money, and correct management will definitely save
your money which makes you financially fit, which
really helpful for the any further economical situation
or for future or in the retirement.

13. Thank You!