financial diary

7/21/2019 Financial Diary

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The contents of this diary has been developed by Reserve Bank of India, Rural

Planning and Credit Department, Central Ofce, Mumbai for distribution during

nancial literacy camps organized by Financial Literacy Centres and all the rural

branches of the country at monthly intervals. The Financial Diary is also available

at www.rbi.org.in.

Written By: Sushma Vij & Geetha Nair

Illustrations by: R.N. Rahate

First Edition - January 2013

Published by

Reserve Bank of IndiaRural Planning and Credit Department

10th Floor, Central Ofce Building,

Shaheed Bhagat Singh Marg,

Fort, Mumbai- 400001

Copyright

Reproduction is permitted provided the source is acknowledged.

Reserve Bank of India



1

FULL NAME : --------------------------------------------------------------

----------------------------------------------------------------------------------

ADDRESS : ------------------------------------------------------------------

---------------------------------------------------------------------------------

CITY/DISTRICT: ------------------------------------------------------

PINCODE: ----------------------------------------------------

RES TEL: ----------------------------------------------------

MOBILE: ----------------------------------------------------

Savings Bank Account details

Date of opening : ------------------------------------------

Bank : ------------------------------------------

Branch : ------------------------------------------------------------

BC : -----------------------------------------------------------

Facilities availed : (Please Tick )

• Recurring Deposit, Fixed Deposit

• Overdraft , KCC, GCC

• Remittance, EBT

• Micro Insurance

• Micro Pension

• Others

Personal Information



2

JUNE 2013

SUN MON TUE WED THU FRI SAT

1 2 3 4 5 6

7 8 9 10 11 12 13

14 15 16 17 18 19 2021 22 23 24 25 26 27

28 29 30 31

JULY 2013


1 2 3

4 5 6 7 8 9 10

11 12 13 14 15 16 17

18 19 20 21 22 23 24

25 26 27 28 29 30 31

AUGUST 2013


1 2 3 4 5 6 7

8 9 10 11 12 13 14

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29 30

SEPTEMBER 2013


1 2 3 4 5

6 7 8 9 10 11 12

13 14 15 16 17 18 19

20 21 22 23 24 25 26

27 28 29 30 31

OCTOBER 2013


1 2

3 4 5 6 7 8 9

10 11 12 13 14 15 16

17 18 19 20 21 22 23

24 25 26 27 28 29 30

NOVEMBER 2013


1 2 3 4 5 6 7

8 9 10 11 12 13 14

15 16 17 18 19 20 21

22 23 24 25 26 27 28

29 30 31

DECEMBER 2013


1 2 3 4 5

6 7 8 9 10 11 12

13 14 15 16 17 18 1920 21 22 23 24 25 26

27 28 29 30 31

JANUARY 2013


31 1 2

3 4 5 6 7 8 9

10 11 12 13 14 15 16

17 18 19 20 21 22 23

24 25 26 27 28 29 30

MARCH 2013


1 2 3 4 5 6

7 8 9 10 11 12 13

14 15 16 17 18 19 20

21 22 23 24 25 26 27

28 29 30

APRIL 2013


30 1

2 3 4 5 6 7 8

9 10 11 12 13 14 15

16 17 18 19 20 21 22

23 24 25 26 27 28 29


1 2 3 4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 27 28 29 30 31

MAY 2013


1 2

3 4 5 6 7 8 9

10 11 12 13 14 15 16

17 18 19 20 21 22 2324 25 26 27 28

FEBRUARY 2013

Calendar for Year 2013



3

SR NAME AGE RELATIONSHIP OCCUPATIONMONTHLY

INCOME

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

HOUSEHOLD MEMBERS DETAILS



4

ACHIEVE YOUR GOAL WITH

FINANCIAL PLANNING



5

SR Needs Money

required

When? No. of days Saving per day

1. Bicycle ` 1500 3 months 30x3= 90 ` 1500/90 = ` 17

2. Sewing

Machine ` 5000 5 months 30x5=150 ` 5000/150 = ` 33

3. Farm tools ` 3600 6 months 30x6=180 ` 3600/180 = ` 20

4. Cattle ` 10000 1 year 365x1=365 ` 10000/365 = ` 27

5. Small Shop ` 20000 2 years 365x2= 730 ` 20000/730 = ` 27

6. Higher

Education

` 50000 5 Years 365x5=1825 ` 30000/1825 = ` 27

7. Marriage of

Daughter

` 80000 10years 365x10=3650 ` 80000/3650 = ` 22

8. Own house ` 100000 15 Years 365x15=5475 ` 100000/5475 = ` 18

9. Secure Old

Age

` 300000 25Years 365x25=9125 ` 300000/9125 = ` 33

10.

11.

12.

13.

14.

15.

TOTAL DAILY SAVINGS REQUIRED ` 224

Set your Goals



6

G U T K A

T O B AC C O

R E F R I G

E RA T O R

LIQUOR

ALCOHOL

TOBACCO

PILGRIMAGE

NATURAL

CALAMITIES

EDUCATION

HOUSE

CLOTHES

FOOD

SICKNESS

LUXURIOUS GOODS

MARRIAGE

GAMBLING

NON-ESSENTIAL

ESSENTIAL

I N C O M E

I N C O M E

UNDERSTAND YOUR EXPENSES



7

Income : Month 1

SR Source /Member Week1 Week2 Week3 Week4 Week5 Total

i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 1


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid

6. Total Outfow = 4+5

SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



8

DO NOT SPEND MORE THAN YOUR INCOME



9

Income : Month 2


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 2


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



10

G U T K A

T O B AC C O

R E F R

I G E RA

T O R

LIQUOR

ALCOHOL

TOBACCO

PILGRIMAGE

NATURAL

CALAMITIES

EDUCATION

HOUSE

CLOTHES

FOOD

SICKNESS

LUXURIOUS GOODS

MARRIAGE

GAMBLING

NON-ESSENTIAL

ESSENTIAL

I N C O M E

I N C O

M E

I N C

O M E

BANK BANK

PLUG NON ESSENTIAL EXPENSES

&

INCREASE YOUR SAVINGS



11

Income : Month 3


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 3


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



12

V

ICES

NEEDS

WANTS

LIQUORG U T K A

T O B AC C O

R E F R

I G E RA

T O R

ALCOHOL GAMBLING TOBACCO

PILGRIMAGE LUXURIOUS GOODS

HOUSE FOOD CLOTHESEDUCATION

FESTIVAL

WANTS ARE UNLIMITED - REDUCE

NEEDS ARE LIMITED - SPEND

VICES ARE RISKY - AVOID

THINK TWICE BEFORE SPENDING



13

Income : Month 4


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 4


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



14

THE LESS YOU SPEND, THE MORE YOU CAN SAVE



15

Income : Month 5


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 5


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



16

DO NOT LOSE YOUR HARD EARNED MONEY,

ALWAYS SAVE IN A BANK ACCOUNT



17

Income : Month 6


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 6


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



18

BANK

PASS BOOK

G

C

C

12 3 4 5 6

AB C D E F G H

K C C

1

4

5

6

7A

B

C

D

E

F

G

H

B C

N K

BANK

B A N K N A M E : X X X X X X

V I L L A G E : X X X X X

A D D R E S S : X X X X

X Y Z

8 7 4 5 3 4 7 8 9 9 5 5 5 3 4 8 9 5 7 7

K L J F U G K F U D F J

B I O M E T R I C S M A R T C A R D

SJJ JSD JN HJJDJ3434334566T SJJJSD JN HJJDJ3434334566T

N

K

B

C

TOTAL

INTEREST+

SAVING

=

BANK

BC

BA N K

B A

PA

RS

E N N A C

R Y T

I

N T E

R

E S T

O

V E R

D R

A

F T

K C C C C G

E C N

A T

T I

M

E R

T B

E

BANK

SAVING ACCOUNT IN A BANK IS THE KEY

TO ALL OTHER SERVICES



19

Income : Month 7


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 7


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



20

BANK IS NOW AVAILABLE AT YOUR DOOR STEP



21

Income : Month 8


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 8


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



22

MANAGE YOUR DEBT OTHERWISE

DEBT WILL DAMAGE YOU



23

Income : Month 9


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 9


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



24

BORROW TO UNDERTAKE AN ACTIVITY

WHICH ENHANCES YOUR INCOME



25

Income : Month 10


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 10


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3

Monthly Summary



26

BANKS ARE TRANSPARENT

AND CHARGE LESS INTEREST



27

Income : Month 11


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 11


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3



28

A BANK MEETS ALL YOUR REQUIREMENTS



29

Income : Month 12


i. Self

ii. Spouse

iii.

iv.

1. Total Income

2. Loans taken

3. Total infow= 1+2

Expenses : Month 12


i.

ii.

iii.

iv.

v.

vi.

vii.

4. Total Expenses

5. Loan Repaid


SURPLUS = 3-6

SHORTAGE= 6-3



30

Month Infow Outfow Surplus Shortage

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

TOTAL

Yearly Summary



31

Notes



32

Notes



Disclaimer

Financial education initiatives of the Reserve Bank of India are for providing general

information and guidance to the common person. The concepts of banking explained in the

publication are only for easy understanding of people and do not give legal or technical

explanations. Users of this information may exercise their own care and judgement while

using it. Every effort has been made to avoid errors or omission in this publication.

Nevertheless, any mistake, error or discrepancy noted may be brought to the notice at

address mentioned therein, which shall be rectifed in the next edition. It is notifed that

the publisher will not be responsible for any damage or loss to anyone, of any kind, in any

manner from use of this material.

Reserve Bank of India

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