PERSONAL FINANCIAL PLANNING OF NADIA HASTARINI’S FAMILY

• Main Author: Nabila Djani, Tasya
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/78575
• Institution: Institut Teknologi Bandung

The author chose Financial Planning as a subject that further more will be discuss in all chapters in form of a case. Not only explaining the theory, this paper is more likely a practice of financial planning. Given a case of Nadia Hastarini’s family who became a client of the author, this paper can also be called personal financial planning. Nadia Hastarini is a single parent of 2.5 years old child. She is currently 33 years old, working as a lawyer in a Soemadipradja and Taffer Lawfirm. The author considers this case as a challenge and took it as a final project because the author realized that there are lots of objectives that the client wishes to accomplish in her life. All the objectives of Nadia requires large amount of money in total and what makes it difficult is that she must bear it alone. Meanwhile, she still has a 2.5 years old child to be taken care of. So it would be an accomplishment if the author could contribute in helping the client to reach better condition. Basically, financial planning intended to assist someone in managing its financial strategy in order to achieve all the goals in the future.. Keywords of financial planning is to manage, in other words not only to bring succeed in accomplishing, but to continue to function, progress, or succeed despite hardship or difficulty. It is aim to formulate financial resource and financial tools to achieve financial goals. Not only that, the financial planner is also obligate to controls, review, revised the process and make sure it is always on the right track over period of time. Financial planning process of Nadia Hastarini’s family started from data gathering through questionnaire and interviews. Then, after all the initial data such as cash flow, assets and risk profile are identified, the client sets all the objectives that he or she wants to accomplish in the future. The analysis on how the author set the strategy for client will appear in chapter 4, which first explains the cost needed for each objectives and how to manage income and expenditure to cover these cost. Furthermore, a revise of goals will be done if it necessary and a recommendation of an appropriate investment instruments will be given in order to achieve the goals.