Financial abundance workshops
PART A: PLAN AND MANAGE YOUR PERSONAL FINANCES
Course content covers:
- Debt is not a bad word
- Difference between good debt, bad debt and necessary debt
- Understanding credit cards and store cards
- Stop wasting money on bad insurance
- Why paying off your home is your best investment
- Setting personal investment goals
- Prepare a personal balance sheet
- Prepare a personal income and expense statement
- Develop a personal/family budget
- Understand the difference between Needs /Wants/Instant gratification/delayed gratification.
- Why people get caught in bad investments. Greed /Ignorance
Purpose of this course:
To increase your disposable income
SAQA Unit standard:
15092 - Plan and manage personal finances
PART B: WEALTH CREATION
Course content covers:
- Understanding the difference between saving and investing
- Some common mistakes people make
- Why you should save/invest
- Factors to consider when investing
- Understanding the Major asset classes
- Insurance to ensure Family security
- Wealth creation secrets
- Where and how should I invest
- Wills and Trusts
Purpose of this course:
To ensure you increase your net worth
SAQA Unit standard:
243153 - Explain basic investment principles
PART C: RETIRE FINANCIALLY SECURE
Course content covers:
- Retirement Statistics – Scary Stuff!
- Why People Retire with Insufficient Retirement Income – It’s the Planning!
- Planning for retirement – your key to financial wellbeing when you stop work
- Pre retirement
- How do I Save for Retirement
- What if I Don't Make it to Retirement?
- Easing Into Retirement
- Post retirement
- Finding a new purpose.
- Choosing a Financial Adviser
Purpose of this course:
To ensure you have a worry free retirement so that you can pursue you new purpose in life.
SAQA Unit standard:
114960 - Investigate the need to provide financially for own retirement
PART D: WILLS AND TRUSTS
Course content covers:
- Why do You Need a Will
- Who can Benefit under a Will
- Reviewing Your Will
- Cost of a Will
- Signing Procedures
- Intestate Law
- Life Insurance and Pension Funds
- The Living Will
Purpose of this course:
The importance of being prepared
SAQA Unit standard:
This course is not currently Unit Standard Aligned
FINANCIAL
FREEDOM
WITHIN YOUR REACH.
