Module 1
PERSONAL MONEY MANAGEMENT
- Introduction to creating an abundance mentality”.
- Identifying our money beliefs and Psychology of Spending
- Personal Budget/Spending Plan
- Your Personal Balance Sheet/ How much am I worth?
- Tips on managing/minimizing expenses
- Building a Spending Tracker
Module 2
TIME VALUE OF MONEY
- Principles of Time Value of Money – relationship between Time and Wealth creation.
- Inflation impacts on our wants and needs.
- Retirement Planning.
- Education Planning.
- Establishing Financial Goals
Module 3
Managing Debt
- The Different types of debt and how they work (mortgages, credit cards, Sacco loans, MFI loans, bank loans)
- Debt Amortisation – How your debt payments are calculated and making this work in your favour.
- How much Home can you afford?
- Paying down your Mortgage quickly.
- Creating a personal debt repayment plan.
- The Credit Reference Bureau and Consumer rights and responsibilities.
Module 4
LIVING ABUNDANTLY
- The Abundance Mindset
- Setting Goals: identifying what you truly want.
- Your Financial Esteem.
- Money & Relationships: Communicating to Family about Money, Coming to a common ground on Financial Matters in relationships.
Module 5
FINANCIAL PLANNING
- Creating a Personal Financial Plan – roadmap to your Goals
- Setting time oriented objectives/ targets
- Monitoring and Evaluating your Financial Plan
- Catering for changes in life circumstances in your financial plan.
Module 6
INVESTMENT PLANNING – PART 1
- Understanding what affects interest rates (economic indicators).
- Different products and how they work (deposits, bonds, bills, Sacco)
- Situations that call for cash reserves – emergency fund, school fees.
- Unit Trusts – Money Market Funds and Bond Funds.
- Research & Information Sources
Module 7
INVESTMENT PLANNING – PART 2
- The different Property Sectors
- How to select property investments
- The property acquisition process (conveyancing)
- Unit Trusts and REITS ( Real Estate Investment Trusts)
Module 8
INVESTMENT PLANNING – PART 3
- Forming/Managing/Creating an Investment Group
- How your Investment Group can be a retirement vehicle.
- Investment Planning for Groups.
- Understanding the Stock Exchange and Listed Companies.
- How to evaluate investments in Private Companies.
- Creating value in Companies
Module 9
INSURANCE & ESTATE PLANNING
- The use of Wills, Trusts, Family Companies etc
- How to draw up a will
- Succession Planning
- Understanding when and how to use insurance.
Module 10
TAXES AND IMPLEMENTATION
- Your Personal Taxes
- Implementation of your Financial Plan.
- Choosing a Financial /Investment Advisor
- Certificates Presentation & Course Feedback
tab one
content tab one
tab two
content tab two
tab three
content tab three
…………………….. end …………………………….