Masterclass
Complete COURSE Syllabus
Complete Financial Wellness is a prerequisite to this Masterclass
If this is your first time reading about Complete Financial Wellness, please use the following link and read through the syllabus.
I have been teaching personal financial management for more than 25 years and will show you how you can make financial decisions and plans with confidence.
This masterclass will deepen your knowledge of proper financial management and further help you implement what you learned in the initial course.
The 7 stages of your personal finance journey
Nearly everyone will go through 7 stages in their financial journey.
In this masterclass we will dive deeper into each stage and show you how to successfully navigate through them to help you make financial decisions and plans with confidence.
- Knowledge - What you really need to know…now.
- Insight - What information do you need at your fingertips and how to get it.
- Control - Using information and cashflow logistics to effortlessly manage your finances.
- Planning - Spending, and investing when ready.
- Accumulate - Preparing for opportunity.
- Deploy - Buying income producing and/or appreciating assets.
- Distribute - Creating joy for you, your family, and others.
In addition to learning more about the 7 stages of your financial life, you will learn why both tactics and strategy are necessary for you to know what you need to do today to create the tomorrows that you want.
The 5 elements of cashflow
Cashflow is simply money entering and exiting your life.
You will work about 90,000 hours during the earning years of your life and create significant wealth. How you understand and manage your cashflow will determine who gets that wealth. Proper cashflow management will allow you to live a confident and exciting financial life.
The 5 elements of cashflow include:
Income
Bills
Spending
Funds
Investment Contributions
You Will Learn:
You will learn:
What a "cash requirements calendar" is and how it informs your financial tactics and strategy?
How sources of income change with proper financial management, and how certain types of income give you more life choices.
How to tell the difference between a bill and spending, even when they are for the same goods or services.
How to significantly reduce the cost of your lifestyle without reducing the quality of your life.
What funds are and how to easily establish them as you plan your future. The answer "no" is not that fun, but the answer "when" is motivating and really fun.
What investment contributions are and how they differ from saving money. How you know when you have enough money to make significant life choices.
The 3 accounts you need to put your money on autopilot
Cashflow logistics is how money moves in, out, and around your life. Other than cash transactions, money moves into and out of financial institutions, primarily our bank accounts.
You will learn:
1
The concept of cashflow logistics.
2
What 3 accounts you need and why you need them.
3
The difference between where you earn your money and who you work for.
4
Why your weekly spending is just another "bill" and what happens when you treat it accordingly.
5
What balances you need start with and what to do if you don't have those funds available right now.
6
How to establish transfer amounts and dates.
7
How to put all of your bills, including your spending, on autopilot.
8
The only three questions you need to ask when considering an expenditure. Keeping it simple.
1
The concept of cashflow logistics.
2
What 3 accounts you need and why you need them.
3
The difference between where you earn your money and who you work for.
4
Why your weekly spending is just another "bill" and what happens when you treat it accordingly.
5
What balances you need start with and what to do if you don't have those funds available right now.
6
How to establish transfer amounts and dates.
7
How to put all of your bills, including your spending, on autopilot.
8
The only three questions you need to ask when considering an expenditure. Keeping it simple.
This banking structure and knowledge will allow you to effortlessly manage your cashflow and put your money on autopilot. Once your cashflow logistics are on autopilot, you will have the information and control you need to easily make financial decisions with confidence.
