2. THE SECRET OF THE LION
The lion eats first,
ahead of the pack. You
too should “eat first” by
having an automatic
deduction from your
salary or wages.
3. WHY DO I NEED TO SAVE?
• What if I lose my job?
• What will happen to my family if I die?
• How will I pay any unexpected medical bills?
• Where will I get the money to pay for any major car or house repairs?
HOW MUCH SHOULD I SAVE?
The answer to how much you should save is simple – AS MUCH AS YOU CAN
AFFORD just as the lion eats as much as he can, because he is not certain of
his next meal.
4. HOW TO STICK TO YOUR SAVINGS
Arrange an automatic savings transfer, immediately after payday.
Put your money in a safe vehicle that you can’t be tempted to use the
money.
Re-budget your monthly expenses carefully.
If you have short-term debts or loans, sacrifice now and pay them back
as quickly as you can.
When you are tempted to spend, think of your longer-term goals.
Remind yourself – you are not being selfish by saving.
You are ensuring your family’s future needs are met.
5. THE SECRET OF THE LEOPARD
The leopard never
lets its prey out of
its sight, patiently
planning and
moving towards its
goal, never
backing off or
giving up...
6. WHAT CAN I LEARN FROM THE LEOPARD?
They identify what they are going to eat (vision) then which
animal they will bring down (set a goal)
Use your vision to help you remain focused for your dreams to
come true
We often don’t make our visions come true
Lack of vision is why most of us have so much unplanned spending
Realistic goals will encourage you and keep you on track
8. THE SECRET OF THE ELEPHANT
The African elephant
never forgets. Its
knowledge, aided by its
memory, is its power. It
remembers the places it
has been, and uses this
knowledge to plan its
future.
9. An elephant’s knowledge, aided by its memory, is its power.
Dominant females build up a social memory as they get older,
enabling recognition of “friendly” faces.
They signal whether an outsider is a friend or foe allowing family
members to focus on feeding and breeding when there is no
danger.
Knowledge is power but because our memory is not as good as the
elephant, we need to write down what we earn owe & spend
WHAT CAN I LEARN FROM THE ELEPHANT?
10. HOW TO TAKE CONTROL OF YOUR MONEY MATTERS
• Learn what you earn - Look at your salary slip and bank
statements
• Know what you owe and spend -Write down all your
expenses.
• Reflect on and change your expenses - Work out your
income less your expenses.
• Draw up your budget - Design a workable budget for
your household.
• Review your budget - compare your budgeted expenses
to your actual expenses
"Goals that are not written down are just wishes.“
Unknown
11. THE OF SECRET OF THE RHINO
The rhino’s weapon
is to charge. When
threatened, it looks
for the biggest
threat and charges,
taking swift control
of the situation.
12. • Rhinos are fairly peaceful and don’t have many
enemies, yet mother rhino often has to defend her
calves from multiple predators or dangers.
• When threatened usually charges down the predator
to protect itself.
• You need to manage the level of debt you take on to
ensure it does not threaten your financial security.
WHAT CAN I LEARN FROM THE RHINO?
13. HOW DO I GET OUT OF DEBT?
Face the problem
Share your problem
Adjust your budget
Create strategies to deal with
your debt
No new debt
Ok, I get it. Time
to face the music
and make a plan
but where do I
start?
“Debts are like children: the smaller they
are the more noise they make.”
-Spanish Proverb
14. THE SECRET OF THE BUFFALO
The mighty buffalo
is deliberate and
steady, waiting all
day for the hot
African sun to pass.
It steadily grows
and protects its
herd, knowing its
strength and future
are in its numbers.
15. WHAT CAN I LEARN FROM THE BUFFALOWHAT CAN I LEARN FROM THE BUFFALO
Buffalo form really big herds, some of the biggest in nature which
gives the buffalo great deal of protection
Their biggest enemy is the lion who are scared of them in a herd
The buffalo knows it’s wealth and strength is in its family, takes a
great deal of patience but pays off in the end
They can inspire you to grow your wealth patiently and protect
your assets using combined strength of an insurer
16. CREATING WEALTH PRINCIPLES
Investments are risky, the higher the return the more the risk
Have a long term strategy, changing investments is expensive
Diversify your investments
Chose an advisor you can trust
When younger can take higher risk investments, reverse is true
Knowledge is power! Be in charge of your investments
Review your investments regularly, check returns, make changes
where need be
17. THE WAY FORWARD…..
• Take action: decide and launch
• Don’t consider possibility for failure- fly with eagles
• Take one step at a time: “ the only time you have is
now”
• Watch out for negative Sayers: “power of associations”
• Learn from obstacles, taking them as opportunities and
instructions to do something
• Keep your mind open and clear on your goals but be
flexible on your achievements: “circumstances don’t
make a man”
• No one does it alone: “give and receive”
18. GOAL SETTING
Goal setting is a powerful process of thinking about your ideal
future, and for motivating yourself to turn your vision of this future
into reality.
The process of setting goals helps you choose where you want to
go in life. By knowing precisely what you want to achieve, you
know where you have to concentrate your efforts. You'll also
quickly spot the distractions that can, so easily, lead you astray.
"Begin with the
end in mind.“
Stephen Covey
20. HOW TO DEVELOP A FINANCIAL PLAN
• Step 1 – Know your goals
What are your goals for the short, medium and long term?
• Step 2 – Research your goal
Collect information about them – where and how can you achieve your goal?
• Step 3 – Reality check your goals
How achievable are your goals, given your current earnings, education level or home
circumstances
• Step 4 - Prioritize your goals
Which ones will you start with?
• Step 5 - Plan your savings for your goals
Budget for them now.
"The greater danger for most of us is not that our aim is too
high and we miss it, but that it is too low and we hit it."
Michelangelo
