Excel Financial Planning Dashboard
Budget: ₹12,500 – ₹37,500 INR
## Project Title
**Comprehensive Financial Planning & Daily Monitoring Dashboard (Google Sheets)**
---
## **1. Project Overview**
Wealth Radar is a financial planning and advisory firm providing end-to-end goal-based financial planning services.
Currently, we use a detailed **Comprehensive Financial Planning Excel Workbook** during client consultations.
We now want to **transform this workbook into an interactive Google Sheets dashboard**, allowing clients to:
* Input their financial data with the help of our planners,
* Automatically generate financial insights and analytics, and
* Monitor their progress **daily** without downloading or editing the backend structure.
This will act as a **client-facing personal finance system**, guiding users from data entry to visualization and daily monitoring.
---
## **2. Project Objectives**
1. Create a secure, cloud-based Google Sheets dashboard for clients.
2. Allow clients and Wealth Radar planners to input and update data in predefined areas only.
3. Automate all calculations, ratios, and visualizations dynamically.
4. Present a clean, professional, and intuitive front-end dashboard summarizing the client’s entire financial life.
5. Prevent unauthorized access, structure modification, or file downloads.
6. Enable daily/periodic updates (income, expenses, investments) and reflect them instantly in analytics.
---
## **3. Key Modules (Based on Existing Excel Structure)**
Each of the following modules will be a separate sheet within the Google Sheets system, connected to the central dashboard.
### **1. Personal Information**
* Input fields for client and family member details.
* Summary of age, occupation, income, dependents, etc.
* Data validation and clean formatting.
---
### **2. Debt Listing**
* Capture all current debts: loan name, amount, tenure, interest rate, EMI, and due dates.
* Auto-calculation of:
* Outstanding principal balance
* Total monthly EMIs
* Debt-to-income ratio
* Dashboard representation: Debt summary pie chart + repayment tracker.
---
### **3. Current Investments**
* Record all current investments (MFs, insurance, PPF, RD, FD, etc.).
* Show asset allocation by type (Equity, Debt, Hybrid, Real Assets, etc.).
* Automatically calculate portfolio return (IRR) and maturity timeline.
* Dashboard integration: Portfolio allocation graph + investment maturity map.
---
### **4. Risk Management**
* Record details of all protection instruments (Life, Health, Vehicle, Term).
* Calculate:
* Coverage sufficiency vs. ideal coverage
* Premium-to-income ratio
* Visuals: Coverage sufficiency bars + insurance summary.
---
### **5. Monthly Expenses**
* Capture category-wise expenses (e.g., housing, groceries, transport, education, etc.).
* Allow daily or monthly input for expense tracking.
* Visuals:
* Category spending chart
* Expense trend line
* Alerts for overspending
---
### **6. Cash Flow Analysis**
* Automatically analyze income and expenses to compute:
* Savings ratio
* Expense ratio
* Surplus/deficit analysis
* Highlight insights such as:
* Highest expense category
* Opportunities for additional investments
* Graphs: Monthly cash flow summary + savings percentage tracker.
---
### **7. Net Worth Analysis**
* Calculate **Net Worth = Assets – Liabilities** dynamically.
* Break down net worth by asset category (real estate, equity, fixed income, etc.).
* Visuals:
* Net worth growth trend
* Asset vs. liability comparison
---
### **8. Goal Planner**
* Step-by-step process for clients to define financial goals (education, home, vacation, retirement, etc.).
* Include:
* Current cost
* Inflation-adjusted future cost
* Target year
* Dashboard display: Goal summary table + progress bars.
---
### **9. Gap Analysis**
* Map current investments to financial goals.
* Identify funding gaps for each goal.
* Automatically calculate:
* Required additional SIP or lump sum amount
* Goal completion percentage
* Dashboard integration: Goal gap visualization chart.
---
### **10. Risk Profiling**
* Questionnaire or score-based model to identify the client’s risk appetite (Conservative / Balanced / Aggressive).
* Compare it with the client’s **current investment risk profile** (actual debt-equity mix).
* Highlight mismatch and give color-coded alerts.
---
### **11. Investment Strategies**
* Display suitable investment strategy suggestions based on:
* Risk appetite
* Goal funding gap
* Surplus funds from cash flow
* Dashboard element: Recommended action plan summary.
---
### **12. Income Tax**
* Calculate estimated taxable income, deductions, exemptions, and net tax liability.
* Include pre-filled sections for salary, business income, and investment-linked deductions.
* Display results in a clean summary table.
---
## **4. Dashboard Summary (Main Page)**
A visually rich front-end dashboard that pulls real-time data from all modules, showing:
* Net Worth summary
* Asset vs Liability graph
* Monthly cash flow (income vs expenses)
* Goal achievement tracker
* Savings rate and investment ratio
* Alerts: emergency fund shortfall, insurance gap, or high debt
* Risk profile comparison
* Quick recommendations
### **Interactive Controls**
* Drop-down filters (e.g., Monthly, Quarterly, Annual view)
* Progress indicators (goal completion %)
* Conditional color formatting (green = healthy, red = attention needed)
---
## **5. Functional Requirements**
* **Automation:** All financial ratios, graphs, and insights must update dynamically.
* **Protection:**
* Backend formula sheets must be protected.
* Clients can edit only specific data entry fields.
* Sheet download/duplication should be restricted.
* **Data Validation:** Prevent incorrect or inconsistent entries.
* **Usability:** Clean, mobile-friendly interface.
* **Performance:** Optimized to handle large datasets without lag.
---
## **6. Security & Access Control**
* Must be built entirely in **Google Sheets** (no Excel or Power BI).
* Controlled sharing permissions — clients **cannot download, copy, or share**.
* Access only through authenticated Gmail accounts or domain-based users.
* Option to assign “Editor” access only to input sheets and “Viewer” access to reports.
---
## **7. Deliverables**
1. Fully functional Google Sheets-based financial dashboard
2. User manual / walkthrough document
3. Developer documentation with formula logic and automation setup
4. Clean UI/UX design with color-coded visualization
5. Tested for accuracy and performance
---
## **8. Preferred Skills**
* Advanced knowledge of **Google Sheets**, formulas, array functions, data validation, and app scripting
* Experience in creating **financial dashboards or CRMs**
* Familiarity with **personal finance, cash flow, and investment tracking**
* Expertise in **data visualization and protection controls**
---
9. Project Timeline
| Phase | Description | Duration |
| ------- | ----------------------------------------------- | -------- |
| Phase 1 | Data structure setup (modules, links, formulas) | 1 week |
| Phase 2 | Dashboard design and automation setup | 1 week |
| Phase 3 | Data protection, testing, and delivery | 1 week |
Total Estimated Duration: 3 weeks
**Comprehensive Financial Planning & Daily Monitoring Dashboard (Google Sheets)**
---
## **1. Project Overview**
Wealth Radar is a financial planning and advisory firm providing end-to-end goal-based financial planning services.
Currently, we use a detailed **Comprehensive Financial Planning Excel Workbook** during client consultations.
We now want to **transform this workbook into an interactive Google Sheets dashboard**, allowing clients to:
* Input their financial data with the help of our planners,
* Automatically generate financial insights and analytics, and
* Monitor their progress **daily** without downloading or editing the backend structure.
This will act as a **client-facing personal finance system**, guiding users from data entry to visualization and daily monitoring.
---
## **2. Project Objectives**
1. Create a secure, cloud-based Google Sheets dashboard for clients.
2. Allow clients and Wealth Radar planners to input and update data in predefined areas only.
3. Automate all calculations, ratios, and visualizations dynamically.
4. Present a clean, professional, and intuitive front-end dashboard summarizing the client’s entire financial life.
5. Prevent unauthorized access, structure modification, or file downloads.
6. Enable daily/periodic updates (income, expenses, investments) and reflect them instantly in analytics.
---
## **3. Key Modules (Based on Existing Excel Structure)**
Each of the following modules will be a separate sheet within the Google Sheets system, connected to the central dashboard.
### **1. Personal Information**
* Input fields for client and family member details.
* Summary of age, occupation, income, dependents, etc.
* Data validation and clean formatting.
---
### **2. Debt Listing**
* Capture all current debts: loan name, amount, tenure, interest rate, EMI, and due dates.
* Auto-calculation of:
* Outstanding principal balance
* Total monthly EMIs
* Debt-to-income ratio
* Dashboard representation: Debt summary pie chart + repayment tracker.
---
### **3. Current Investments**
* Record all current investments (MFs, insurance, PPF, RD, FD, etc.).
* Show asset allocation by type (Equity, Debt, Hybrid, Real Assets, etc.).
* Automatically calculate portfolio return (IRR) and maturity timeline.
* Dashboard integration: Portfolio allocation graph + investment maturity map.
---
### **4. Risk Management**
* Record details of all protection instruments (Life, Health, Vehicle, Term).
* Calculate:
* Coverage sufficiency vs. ideal coverage
* Premium-to-income ratio
* Visuals: Coverage sufficiency bars + insurance summary.
---
### **5. Monthly Expenses**
* Capture category-wise expenses (e.g., housing, groceries, transport, education, etc.).
* Allow daily or monthly input for expense tracking.
* Visuals:
* Category spending chart
* Expense trend line
* Alerts for overspending
---
### **6. Cash Flow Analysis**
* Automatically analyze income and expenses to compute:
* Savings ratio
* Expense ratio
* Surplus/deficit analysis
* Highlight insights such as:
* Highest expense category
* Opportunities for additional investments
* Graphs: Monthly cash flow summary + savings percentage tracker.
---
### **7. Net Worth Analysis**
* Calculate **Net Worth = Assets – Liabilities** dynamically.
* Break down net worth by asset category (real estate, equity, fixed income, etc.).
* Visuals:
* Net worth growth trend
* Asset vs. liability comparison
---
### **8. Goal Planner**
* Step-by-step process for clients to define financial goals (education, home, vacation, retirement, etc.).
* Include:
* Current cost
* Inflation-adjusted future cost
* Target year
* Dashboard display: Goal summary table + progress bars.
---
### **9. Gap Analysis**
* Map current investments to financial goals.
* Identify funding gaps for each goal.
* Automatically calculate:
* Required additional SIP or lump sum amount
* Goal completion percentage
* Dashboard integration: Goal gap visualization chart.
---
### **10. Risk Profiling**
* Questionnaire or score-based model to identify the client’s risk appetite (Conservative / Balanced / Aggressive).
* Compare it with the client’s **current investment risk profile** (actual debt-equity mix).
* Highlight mismatch and give color-coded alerts.
---
### **11. Investment Strategies**
* Display suitable investment strategy suggestions based on:
* Risk appetite
* Goal funding gap
* Surplus funds from cash flow
* Dashboard element: Recommended action plan summary.
---
### **12. Income Tax**
* Calculate estimated taxable income, deductions, exemptions, and net tax liability.
* Include pre-filled sections for salary, business income, and investment-linked deductions.
* Display results in a clean summary table.
---
## **4. Dashboard Summary (Main Page)**
A visually rich front-end dashboard that pulls real-time data from all modules, showing:
* Net Worth summary
* Asset vs Liability graph
* Monthly cash flow (income vs expenses)
* Goal achievement tracker
* Savings rate and investment ratio
* Alerts: emergency fund shortfall, insurance gap, or high debt
* Risk profile comparison
* Quick recommendations
### **Interactive Controls**
* Drop-down filters (e.g., Monthly, Quarterly, Annual view)
* Progress indicators (goal completion %)
* Conditional color formatting (green = healthy, red = attention needed)
---
## **5. Functional Requirements**
* **Automation:** All financial ratios, graphs, and insights must update dynamically.
* **Protection:**
* Backend formula sheets must be protected.
* Clients can edit only specific data entry fields.
* Sheet download/duplication should be restricted.
* **Data Validation:** Prevent incorrect or inconsistent entries.
* **Usability:** Clean, mobile-friendly interface.
* **Performance:** Optimized to handle large datasets without lag.
---
## **6. Security & Access Control**
* Must be built entirely in **Google Sheets** (no Excel or Power BI).
* Controlled sharing permissions — clients **cannot download, copy, or share**.
* Access only through authenticated Gmail accounts or domain-based users.
* Option to assign “Editor” access only to input sheets and “Viewer” access to reports.
---
## **7. Deliverables**
1. Fully functional Google Sheets-based financial dashboard
2. User manual / walkthrough document
3. Developer documentation with formula logic and automation setup
4. Clean UI/UX design with color-coded visualization
5. Tested for accuracy and performance
---
## **8. Preferred Skills**
* Advanced knowledge of **Google Sheets**, formulas, array functions, data validation, and app scripting
* Experience in creating **financial dashboards or CRMs**
* Familiarity with **personal finance, cash flow, and investment tracking**
* Expertise in **data visualization and protection controls**
---
9. Project Timeline
| Phase | Description | Duration |
| ------- | ----------------------------------------------- | -------- |
| Phase 1 | Data structure setup (modules, links, formulas) | 1 week |
| Phase 2 | Dashboard design and automation setup | 1 week |
| Phase 3 | Data protection, testing, and delivery | 1 week |
Total Estimated Duration: 3 weeks