FIN533 My Personal Financial Plan Individual Assignment

Background (10 Marks)

1. Picture

2. Employment Background (If Available)

3. Source of Income (Allowance, PTPTN, Part-time, etc.)

4. Family Background

5. Provide Long-term, Intermediate, and Short-term Financial Goals.

6. You Must Use At Least One of These Goals for You to Plan Your Budget at the End of the Assignment. Prove That It Works.

7. Any Other Relevant Information.

Current Budget (10 Marks)

1. Explain Briefly in Words How You Spend Your Money.

2. Any Apps or Tips Used for Your Spending?

3. Any Savings Made? Please State If There Are Any Investments or Savings.

4. Show Your Current Budget (Income, Savings, and Spending).

5. Provide a 6-Month Budget Table (From Feb to Aug 2025).

6. This Budget Must Reflect Your Current Spending.

Balance Sheet (10 Marks)

1. Assets

2. Liabilities

3. Use Only Template/Format Taught in Class.

Analysis for Balance Sheet (10 Marks)

1. Create an Infographic for Your Balance Sheet. You May Use a Pie Chart or Any Other Charts Suitable. You Can Also Use Canva.

2. Give Comments and Recommendations on the Balance Sheet Based on the Infographic and Analysis Done.

Cashflow Statement (10 Marks)

1. Income (Cash Inflow).

2. Expenses (Cash Outflow).

3. Surplus or Deficit.

Analysis for Cashflow Statements (10 Marks)

1. Create an Infographic for Your Cashflow Statement. You May Use a Pie Chart or Any Other Charts Suitable. You Can Also Use Canva.

2. Give Comments and Recommendations on the Cashflow Statement Based on the Infographic and Analysis Done.

Ratios (15 Marks)

1. Liquid Asset to Take Home Pay Ratio.

2. Current Ratio.

3. Debt Ratio.

4. Debt Service Coverage Ratio.

5. Savings Ratio.

6. Each Ratio’s Result Needs to Be Interpreted and Commented on Whether It Is Good or Bad. Provide Reasons for Your Comments.

Proposed Budget for Future (10 Marks)

1. Provide Your New Revised Budget for 12 Months Ahead (Sep 2025 – Aug 2026).

2. Explain How This New Budget Can Help You Achieve Your Financial Goals.

Conclusion and Recommendation (5 Marks)

1. Provide Conclusion and Recommendation.

2. Reflection on This Assignment, How It Helps You Achieve Your Financial Goals.

Format (10 Marks)

1. Spacing: 1.5

2. Paragraph Justification

3. Similarity Index Below 30% (Please Use Turnitin or Ouriginal to Check Your Similarity Index).

4. Appendix (Relevant Pictures, Documents, etc. Make Sure to Hide Sensitive Info).

5. Reference

6. Presentation of the Report.