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| This section explains how to navigate through the course and shows how you will be in complete control of your progression through the material. You will be able to start, pause, stop, and replay every word of the program. You will also be able to view the words for the entire narration of the course. |
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| This section gives a brief overview of the course. It also provides the motivation for completing the course by giving compounding examples and talking about how many hours we work over our lifetime. Don’t be overwhelmed by the extensive nature of the course. You don’t have to finish it all in one sitting. You can take your time and do one chapter a week or month if you want. The important thing is to get it done! |
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Chapter 1:
The Bottom Line |
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| Key Concepts: financial planning definition, discover your day-to-day money management style and identify areas for improvement. Theme: run your life like a business! This chapter includes an exercise with twenty questions that give you a benchmark to know how you're managing your money on a day-to-day basis. It'll tell you whether you're AOK, can improve in some areas, have early warning signs, are on the edge of or are actually in financial trouble. It's a real eye opener!
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Chapter 2:
Building Better Foundations |
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| Key Concepts: why you manage your money the way you do, and identify areas for improvement. Theme: you're climbing the mountain of wealth! This chapter includes an exercise that helps you determine your psychological attitude toward money and how that impacts the mountain of wealth that you are climbing! It also has suggestions for how to change your attitude about spending and saving! What a novel idea to help you get through our spend, spend society! |
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Chapter 3:
Where Are You Now? |
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| Key Concepts: The quick snapshot; balance sheet and budget, the tools that will help you run your life like a business. Theme: put the pencil to the paper! This chapter gives you the forms you will need to collect the critical information that you must know before you can make positive improvements to your financial life. You need to do this at some point in time in your life�it might as well be now! |
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| Key Concepts: Eliminate crisis situations and then make positive improvements to your life. Theme: life can get complicated; get help when you need it. This chapter has step-by-step suggestions for how to deal with various crisis situations that may be going on in your life. You have to eliminate the crisis before you can make positive improvements to your financial situation. You can also share these suggestions with a friend who may be going through a crisis. |
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Chapter 5:
Immediate Actions |
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| Key Concepts: Doing a budget on a regular monthly basis, cutting expenses and working out a payment plan with creditors if you need to. Theme: get an action plan in place. This chapter shows how you can do a budget in less than 45 minutes a month so that you will know where every dollar is going. It also has over 100 suggestions for how you can cut expenses. There is also a form that helps you set up a payment plan with creditors and suggestions for what to say if you need to call them. Guess what folks; there's no secret to eliminating cash flow problems�you can either increase income or decrease expenses and this chapter shows you how to do it! |
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Chapter 6:
Determine Values, Goals & Dreams |
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| Key Concepts: Use the left and right side of your brain to help you set your goals for the future. Theme: know your values and beliefs and what is important to you. This chapter explains the internal factors that must be blended with the external factors discussed in chapter 2, in order for you to set your goals for the future. This chapter is heavy on psychology and has a form that gives you a goals roadmap to the future when you're done. Something most people never have�you'll be way ahead of the pack! |
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| Key Concepts: compounding (the 8th wonder of the world), income taxes and the most important step in financial planning. Theme: don't procrastinate�get smart! This chapter shows how much monthly savings will grow to in addition to showing you how to figure out how much to save monthly for each of your goals. It also highlights the tremendous impact that Uncle Sam has on your long term accumulation of wealth. This chapter shows you how to put it all together so that you can then celebrate! |
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| We value and respect any comments you may have as that will help us improve the effectiveness of this course. Please share the good, the bad and the ugly! |
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