商务授课ppt模板之财务预算是什么ABudgetWhat

1、A Budget:What is it?1A Budget: What is it?A budget is a financial document used to project future income and expenses. The budgeting process may be carried out by individuals or by companies to estimate whether the person/company can continue to operate with its projected income and expenses.A Budge

2、t is a tool to help you understand where your money goesA Budget allows you to decide how much and when you spend your income.A Budget allows you to make and reach your financial goalsA Budget is the cornerstone of a solid financial future.2A Budget: What is it?“Budgets are all about financial freed

3、om. Without a plan for saving and spending, youll never make the most of your income no matter how much money you earn.”“Budgets are very empowering.”“Budgets create financial security.”“Budgeting doesnt lead you away from something it leads you towards a financial goal.”“A budget can help you reach

4、 a financial goal because it controls how much you spend and how much you save.”“Budgets can help eliminate many money surprises because youve planned ahead and know what to expect.”“A good budget can help keep your spending on track and even uncover some hidden cash flow problems that might free up

5、 even more money to put toward your other financial goals.”3A Budget: What is it?What do I need to prepare a budget?Income detailsList of expenses, including debt paymentsWhat are the types of Expenses?Fixed expenses:Remain the same each monthVariable expenses:Vary from month to monthPeriodic expens

6、es:Occur only once or twice a year.4A Budget: What is it?Creating a BudgetIdentify your monthly incomeIdentify your monthly expensesRule of Thumb:If your monthly income is greater than your monthly expenses then you are able to save $MI ME = $avingsIf your monthly expenses are greater than your mont

7、hly income then you are going into debt.ME MI = Debt5A Budget: What is it?Setting Financial Goals“People dont plan to fail; they fail to plan”Think first:Budget each pay packet.What needs to be paid first?Remember:When it is gone; it is gone!Dont be tempted by credit/debit cards!Rethink:Is this expe

8、nse absolutely necessary?Is it a need or a want?6A Budget: What is it?Setting Financial Goals“Goal setting is a terrific motivator!”Short Term Goals:12 months or lessMid Term Goals:Within 1-3 yearsLong Term Goals:Within 3-5 yearsExamples:Build an Emergency FundGet your debt under controlSave for a d

9、eposit on a car or homeSave more for retirementSave for a holiday.Save for anything you want7A Budget: What is it?Keep in mind“ S M A R T ”S = SPECIFIC = what is it you want to achieve and whyM = MEASURABLE = amount to be saved each month/intervalA = ATTAINABLE = when is the due date for the goalR =

10、 REALISTIC = have you given enough time to saveT = TRACKABLE = specific time frame8A Budget: What is it?Simple Interest*“Interest Rate”: the stated rate of interest paid each yearPrincipal amount to be saved: $1,000Interest Rate 6% per annum/year: 6% of $1,000i.e. 6/100 .06 x 1,000 = $60 per annumVa

11、lue after two years:$120 interest + Principal $1,000 = $1,120Value after five years:$300 interest + Principal $1,000 = $1,300Value after ten years:$600 interest + Principal $1,000 = $1,600Value after 12 years: $720 interest + Principal $1,000 = $1,720Note*: Simple Interest does not take into conside

12、ration bank fees, changes in interest rate or any other matter that may influence the interest gained. “Simple Interest” calculation is to give you a general idea where the value of your initial “Principal amount” will be in a set time frame.9A Budget: What is it?Rule of 72is a simplified way to det

13、ermine how long an investment will take to double, given a fixed annual rate of interest.Formula: How many years to double is:72/fixed annual rate of interest=Years to double your moneyIt works like this: Take 72 divided by the interest rate you will earn on your money. The answer equals the number

14、of years it will take your funds to double in value. Example 4%pa:72/4(%)= 18 (years to double your money)Example 10%pa: 72/10(%) = 7.2 (years to double your money)Choice of Rule:The value 72 is a convenient choice of numerator, since it has many small divisors: 1, 2, 3, 4, 6, 8, 9, and 12. It provi

15、des a good approximation for annual compounding, and for compounding at typical rates (from 6% to 10%). The approximations are less accurate at higher interest rates.For continuous compounding, 69 gives accurate results for any rate. This is because In(2) is about 69.3%. Since daily compounding is c

16、lose enough to continuous compounding, for most purposes 69, 69.3 or 70 are better than 72 for daily compounding. For lower annual rates than those above, 69.3 would also be more accurate than 72.10A Budget: What is it?Compound InterestCompound interest is paid on the original principal and on the a

17、ccumulated past interest.Formula to find interest for fixed term deposit: A = P(1 + r)tA =is the amount of money accumulated after t years, including interest.P =is the principal (the initial amount you borrow or deposit)r =is the annual rate of interest (percentage)t =is the number of years the amo

18、unt is deposited.You have $1000 at a rate of 5%pa for one yearA=1,000(1+5%)1A=1,000 x (1+0.05)1A=$1,050You have $1000 at a rate of 5%pa for 3 yearsA=1,000(1+5%)3A=1,000 x (1+0.05)3A=$1,157.6311A Budget: What is it?A Savings PlanSAVE, SAVE, SAVEStart now! No matter how small your savings!Pay yourself first, use automatic deductions.Put your savings into a separate account that does not have ATM access.Put any pay raises, bonuses or tax refunds into savings after you complete your emergency fund.Budget each