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Personal Finance
Planning

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Today’s Agenda
• Introductions
• Personal Finance Concepts
& application
• Financial Markets
• Insurance Concepts and
Selling
• Goal Based Performance
• Discussions

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Fundamentals First
• What are assets?

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Workbook: mark assets?

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Assets Defined
Asset is one
which
generates a
positive cash
flow

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Cash Flow
Relationship

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Am I Wealthy?
• Imagine a few Wealthy People
• What do you see?

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Definition of Wealth
–Wealth is not defined by the amount of
money.

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Definition of Wealth
–Wealth is defined by how long you can
continue living the same lifestyle if you
stop working today.

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Your wealth is therefore defined by
three things
• Your monthly expenses,
• Your liquid assets and
• Your passive income.

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INCOME
•Reduce Expenses
•Reduce Liabilities
•Invest in Assets
•Re Invest in Assets

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