This document provides an overview of financial intelligence and why it is important. It discusses key concepts like earned income versus passive income, the difference between profit and cash flow, and proven investment vehicles. The main points are: - Financial intelligence refers to managing finances to create lasting wealth through careful planning. - It is important due to job uncertainties, lack of pensions, and opportunities to mitigate losses and leverage gains. - While most focus on earned income from employment, the truly wealthy focus on accumulating assets and passive income. - Proven ways to build wealth include business ownership, real estate, stocks, bonds, and raising one's productivity. - It is important to learn from the past but not be bound by outdated

1. FINANCIAL INTELLIGENCE
What it is and why we need it!

2. 1. The right time to save is after spending on my needs
and wants- True or False?
2. You cannot be rich working for someone else-
statement of fact or fallacy?
3. You are in a race. If you overtake the second person,
what position are you in?
A FEW BRAIN TEASERS…

3. ANSWER TO QUESTION 3

4. EXPECTED LEARNING OUTCOMES
 Practical understanding of what financial planning
is all about
 See at once the wisdom in being financially savvy
and the consequences of not planning
 Take immediate action/steps to apply proven
success strategies to enhance our net worth and
improve our material well being

5. WHAT THEN IS FINANCIAL INTELLIGENCE?
 It refers to the ability to manage our finances
and convert our earnings into lasting wealth

6. WHY DO WE NEED TO BE FINANCIALLY SAVVY?
 Economic uncertainties, turbulence and
change that could be disruptive without careful
planning
 Many of today’s jobs are not pensionable
 Job security is fast becoming a thing of the past
 To take advantage of emerging opportunities
while also mitigating potential losses on our
investments

7. EARNED INCOME VERSUS PASSIVE & PORTFOLIO INCOME
 The middle and low-income (working) classes
focus on earned income (wages & salaries)
 The upper class emphasizes wealth over
income

8. WEALTH- WHAT IT IS
 The abundance of valuable material resources-mostly
income-earning assets
 The number of days a person can live the same lifestyle
without having to work anymore- Robert Kiyosaki
 Net Worth = Your assets less your liabilities.

9. WHY SEEK TO BE WEALTHY?
 He teaches our hands to make wealth- Deut 8:18
 Wealth confers on us peace of mind and the
capacity to attain our full potentials
 It provides a safety net against the vicissitudes of
life

10. THAT LITTLE THING! 1 KINGS 17:13-16
 Whether in paid employment (what are the
transferable skills you can develop while
there?) OR
 As owner-manager (self-employed)

11. PAID EMPLOYMENT
 Intrapreneurship-Think and act like a business
owner
 Volunteer to work in project teams
 Accept higher responsibilities without increased
pay, without grudges!
 Self develop personally, professionally,
continually
 Develop entrepreneurial skills and build
additional income-earning assets

12. SELF EMPLOYMENT (ENTREPRENEURSHIP)
 Have a knack for discerning opportunities
 Emphasize consistent value creation- money
will follow naturally!
 The concept of USP and the need to
differentiate your business from the
competition. Avoid me-too strategies.
 Be adept at Execution
 Manage your working capital- Cash is King!

13. STILL ON ENTREPRENEURSHIP-PROFIT VERSUS CASH FLOW
 What’s the difference?
 How can a business be profitable yet illiquid?

14. RAISING YOUR FINANCIAL “PQ” (PRODUCTIVITY QUOTIENT)
 Develop a strong work ethic- go the extra mile, stay on top of your game
 Everything else can wait???- DStv
 Cut down on TV/ leisure time (sports, movies and entertainment generally)
 Shun mediocrity
 Investment! Investment!! Investment!!! -From earned to passive and/or
portfolio income

15. SOME PROVEN INVESTMENT OR MONEY VEHICLES
 Business/entrepreneurship
 Stock (equities) & fixed-income securities
(bonds, risk-free or govt. + other securities)
 Real Estate

16. IN A TURBULENT ENVIRONMENT…
“The greatest danger…is to act with
yesterday’s logic”
- Peter F. Drucker
The implication of this is that we must learn
to let go.

17. LETTING GO
 Ego
 Consumerism
 Same old-same old yesterday’s logic and bread
winners

18. BIBLICAL SUPPORT
 He gives us power to make wealth- Deut 8:18
 He commands us to provide for our families- 1
Timothy 5:8
 Prosperity is God’s gift- Deut 29:9, Proverbs 8:
17-18
 Help to expand the kingdom work- Mark 16:15

19. THANK YOU FOR LISTENING

20. QUESTIONS & COMMENTS