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moneysense.ca, 25/08/11
The MoneySense complete financial plan kit documents
All the tools you need to create you own financial plan are right here, in 11 easy steps.
Current issue:
Below are 10 Worksheets that will allow you to prepare your own professional-quality personal financial plan. You can download each one as a PDF to print out and fill in with pencil or pen, or you can download them as Microsoft Word files, and fill them in on your computer.
Complete instructions for using these Worksheets to create your own financial plan can be found on page 46 of the September/October issue of MoneySense magazine, in the story “11 steps to financial freedom“.
Worksheet 1-Prioritize your goals PDF Word
Worksheet 2-Gather your documents PDF Word
Worksheet 3a-Your detailed net worth statement PDF Word
Worksheet 3b-Your summary net worth statement PDF Word
Worksheet 4-Your spending and savings PDF Word
Worksheet 5-Your life and financial goals PDF Word
Worksheet 6-Your top three goals PDF Word
Worksheet 7-How you are currently invested PDF Word
Worksheet 8-Which investments are right for you PDF Word
Worksheet 9-Your financial plan PDF Word
Worksheet 10-Your investment policy statement PDF Word
moneysense.ca, 25/08/11
Thanks allot for this. It is going to be very helpful for the new year as I am going to plan everything that has anything to do with finance. Is it possible to get them in Excel format?
The current version is not user friendly. It would work better if it has excel format so can fill it and keep update.
i am unable to open the word version – it says "go to this address" – whats wrong?
Hi Seth,
When you click on the link, a pop up should open up prompting you to download the word version. If it's not popping up, it might be because you have adblocker on.
Meanwhile the PDF versions send you straight to an address.
All I can see are Worksheet 6 to 8, where are worksheets 1-5, worksheet #1 is the one that I want. Please maintain your website and fix this. I am a moneysense subscriber. Agree with other folks, these shoudl be excel worksheets so that they are easier to use. I say you missed the mark, very disappointing.
the article says there is 10 woorksheets? I only see 8 above?
Where are the last 2?
I disagree with step 3 – Track your spending
* The worksheet provided does NOT calculate your savings. It does not distinguish between cash outflows for expenses vs savings. This is a mistake made by every single 'expert' I have read.
* The article never tells people to devise a record-keeping system of some sort that will allow you to tally-up your actual expenditures at year-end. As a result they essentially tell people to create a cash-flow statement based on 'what-I-think-I-spent'.
* There is no integration between what should be the Income Statement and the Net Worth statement. It does not allow you to see whether big purchases were saved-for-before-hand, etc.
* See how it should be done http://www.retailinvestor.org/budget.html
The files would be best in excel format so that it is easy to fill and update them?
The current word files are not very user friendly.
Why not ZIP these files in to one folder?