The seminar stress the importance of financial education in achieving life plans. It starts with financial awareness, creating a plan, taking control and seeking knowledge to ensure financial wellbeing and success.
Examines the money mindset, spending habits and examining the YOLO lifestyle.
Personal Finance: Taking Charge of Your Financial Life: Money and Credit by @...Jason Vitug
The plan is to introduce basic personal finance concepts and terminology.
The goal is to understand personal finance topics and the important role it plays in living richer lives. The takeaway is to know important concepts, identify financial warning signs and create a plan and take action.
Personal finance is the use of financial management principles with respect to individual or family unit finances to manage money, budget, save and spend while taking into account various future risks and life events.
Personal Finance The Psychology of Spending by @PhroogalJason Vitug
Why do we make the spending decisions we make? What causes us to buy things that may otherwise prevent us from achieving our actual desired financial goals. This seminar examines our spending habits.
The plan is to examine our mindset and spending habits.
The goal is to understand the inner motivations that cause us to spend. The takeaway is to identify our spending behaviors, know differences between needs and wants, and prioritize saving over spending.
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This is a short e-book I wrote to help dispel some of the myths about financial planning and educate the public on what financial planning really is and what it can do and provide.
Personal Finance: Budgeting & Psychology of Spending by @PhroogalJason Vitug
Budgeting is an important and vital part of personal finance. The seminar focuses on the importance of mindset to create and stick to a budget. It examines the psychology of spending and our relationship with money. The goal is to educate attendees on key budgeting terms, motivations, pitfalls and the steps to start a budget.
A budget is a spending plan that you decide upon. It is based on how much you make in income and what your monthly expenses are. By understanding your monthly income and expenses, you will be better able to manage your cash flow and determine how much debt, if any, you can assume.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
Personal Finance: Taking Charge of Your Financial Life: Money and Credit by @...Jason Vitug
The plan is to introduce basic personal finance concepts and terminology.
The goal is to understand personal finance topics and the important role it plays in living richer lives. The takeaway is to know important concepts, identify financial warning signs and create a plan and take action.
Personal finance is the use of financial management principles with respect to individual or family unit finances to manage money, budget, save and spend while taking into account various future risks and life events.
Personal Finance The Psychology of Spending by @PhroogalJason Vitug
Why do we make the spending decisions we make? What causes us to buy things that may otherwise prevent us from achieving our actual desired financial goals. This seminar examines our spending habits.
The plan is to examine our mindset and spending habits.
The goal is to understand the inner motivations that cause us to spend. The takeaway is to identify our spending behaviors, know differences between needs and wants, and prioritize saving over spending.
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This is a short e-book I wrote to help dispel some of the myths about financial planning and educate the public on what financial planning really is and what it can do and provide.
Personal Finance: Budgeting & Psychology of Spending by @PhroogalJason Vitug
Budgeting is an important and vital part of personal finance. The seminar focuses on the importance of mindset to create and stick to a budget. It examines the psychology of spending and our relationship with money. The goal is to educate attendees on key budgeting terms, motivations, pitfalls and the steps to start a budget.
A budget is a spending plan that you decide upon. It is based on how much you make in income and what your monthly expenses are. By understanding your monthly income and expenses, you will be better able to manage your cash flow and determine how much debt, if any, you can assume.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
Personal Finance: Introduction to Behavioral Finance by @PhroogalJason Vitug
Behavioral finance is a subcategory of finance that seeks to explain the rationality or irrationality of financial decision-making. It seeks to combine behavioral and cognitive psychology theory with finance to provide explanations for why people make irrational decisions.
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
November is Financial Literacy month. Did you know that 48% of Canadians say they’ve lost sleep because of financial worries?* Financial stress can be detrimental to mental and physical health, families, relationships and even productivity. With this in mind, we’re providing our advisors with a powerpoint presentation to promote financial literacy in the community. Download it at: https://financialtechtools.ca/financial-literacy/
Money saving takes discipline, so savers must be prepared to make sacrifices in order to achieve their saving goals and detect what they were not successful at it before.
Admirable Worldwide is one-stop consultancy firm offering comprehensive solutions in Financial Planning and Consulting. We help individuals and corporates to achieve their strategic goals and objectives as well as increasing process efficiencies to optimize revenue and bottom line.
Financial Planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a house, saving for your child's higher education or planning for your retirement.
Financial Planning is about “Planning Life” and “Financial Prosperity” and involves 95% strategy and 5% products. It is the blueprint for planning and management of all financial affairs for your entire life and consider holistic view that enables you achieving your life’s goals. For further details, please visit "http://www.admirableworldwide.com/".
Personal Finance: Banking Basics and Saving MoneyJason Vitug
The plan is to introduce banking concepts and terminology. The goal is to understand basic banking products and services and importance of saving money. The takeaway is to know various banking products and services and create a savings strategy.
Additionally, understand the importance of saving money and the concepts around saving such as interest, compound interest, rule of 72 and various savings vehicles.
Personal Finance: Introduction to Behavioral Finance by @PhroogalJason Vitug
Behavioral finance is a subcategory of finance that seeks to explain the rationality or irrationality of financial decision-making. It seeks to combine behavioral and cognitive psychology theory with finance to provide explanations for why people make irrational decisions.
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
November is Financial Literacy month. Did you know that 48% of Canadians say they’ve lost sleep because of financial worries?* Financial stress can be detrimental to mental and physical health, families, relationships and even productivity. With this in mind, we’re providing our advisors with a powerpoint presentation to promote financial literacy in the community. Download it at: https://financialtechtools.ca/financial-literacy/
Money saving takes discipline, so savers must be prepared to make sacrifices in order to achieve their saving goals and detect what they were not successful at it before.
Admirable Worldwide is one-stop consultancy firm offering comprehensive solutions in Financial Planning and Consulting. We help individuals and corporates to achieve their strategic goals and objectives as well as increasing process efficiencies to optimize revenue and bottom line.
Financial Planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a house, saving for your child's higher education or planning for your retirement.
Financial Planning is about “Planning Life” and “Financial Prosperity” and involves 95% strategy and 5% products. It is the blueprint for planning and management of all financial affairs for your entire life and consider holistic view that enables you achieving your life’s goals. For further details, please visit "http://www.admirableworldwide.com/".
Personal Finance: Banking Basics and Saving MoneyJason Vitug
The plan is to introduce banking concepts and terminology. The goal is to understand basic banking products and services and importance of saving money. The takeaway is to know various banking products and services and create a savings strategy.
Additionally, understand the importance of saving money and the concepts around saving such as interest, compound interest, rule of 72 and various savings vehicles.
Personal Finance: All About Credit Reports and Credit Scores by @PhroogalJason Vitug
All about credit reports and credit scores. How to establish, maintain and repair credit reports and credit scores. Learn the ins and outs of credit reports with tips and tools to maintain a healthy credit report and increase credit scores.
Join our #CreditChat every Wednesday at 3 p.m. ET on Twitter and YouTube. This week, we discussed the road to financial wellness. Our #CreditChat panel included Jason Vitug – Founder of Phroogal.com, and Dr. Barbara O’Neill- CFP®, Distinguished Professor, and Specialist in Financial Resource Management, Rutgers Cooperative Extension, Carey Ransom- CMO of Payoff.We were also joined by several influencers in the personal finance community on Twitter. This deck features tips from: @FSAstore, @AFCPE, @OperationHOPE, @dougboneparth, @LeslieHTayneEsq, @SFCUNews, @emergebenefit, @PhiladelphiaF.E.C., @Rod_Griffin, @URMoneyMentor, @UncommonJules, @PiggieBanker, Phroogal, @MoneyCrashers, @Kasasa, @Payoff, @DaHartattack, @firstqfinance, @_MoneySavingPro, @DearDebtBlog, and @Moneytalk1
a Presentation by Association of Bank Remittance Officers, Inc. (ABROI) at the BSP Regional Financial Literacy Campaign for OFWs in Cebu City, Philippines on February 28, 2006
In an earlier post, I discussed society’s tendency to glorify business leaders’ current renown without properly depicting the struggle they endured, the modest
The Tipu approach to ITSM improvement, what ITIL calls CSI.
Tipu says we are doing CSI wrong.
An ITIL process is not a unit of work.
And we need to relax our CSI approach and accept a little risk. CSI can't be done as a formal project(s).
Find out more at http://www.basicsm.com/tipu
How to Choose Insurance Plan for Yourself and Your Loved Onesaarti singh
An Investment insurance plan allows you to build a savings habit so that you enjoy life without any worry. Invest in the best investment plans and secure your financial goals.https://www.bajajallianzlife.com/investment-plans/investment-insurance-plans.jsp
Why Young People Need An Estate Planning Attorney: A Guide for Young People M...Colleen Sinclair Prosser
Many people think estate planning or elder law services are only useful for seniors. This is not true- elder law and estate planning attorneys help people of all ages, including younger people.
Value can have many different meanings. However, the idea of maximizing value is particularly relevant to personal finances. Considering value when making personal finance
decisions will have a positive effect on your finances. Not only will your wealth increase, you’ll also receive greater enjoyment and utility from the money you spend.
Retirement lifestyles -- Money Can Serve the Life You WantBrian Weatherdon
Realize for Retirement: life was never static, a flat-line final curtain. Retirement too can be engaging, fulfilling, and vibrant. Understand how to enjoy and fulfill your Lifestyle and Choices through early, middle, & later retirement. And align business, pension, and other assets to create and perpetuate your Lifelong Income. >>> See more also at Amazon, "A Lifetime Of Wealth -- And How Not To Lose It"
Overcoming the Barriers to Employment, EmployabilityThe Pathway Group
Overcoming the Barriers to Employment (Employability) will help you to understand the barriers that you or others may face when seeking employment. Seeking employment can be stressful and most people will react in different ways. The most important thing is to identify the issues in regards to employability and improve these areas to increase the chance of employabilty.
If you would like to find out more about our pre-employment training, employability training or apprenticeships and traineeships please call us on: 0121 707 0550 or e-mail: info@pathwaygroup.co.uk
Ammad Awan Glasgow is also responsible for ensuring that profitable sales volume and strategic objective targets are met for the assigned key accounts.
Sabah Mikha - Improve Your Habits to Improve Your FinancesSabah Mikha
Some habits are easier to pick up than others - mostly bad habits. But for long-term stability, developing healthy financial habits is essential. According to a recent article in DailyFinance, studies have shown that it can take 66 days or more for a person’s behavior to become a habit. If you have poor financial habits, they have probably developed over time and will take time and effort to reverse.
Have you always wanted to save but never got to it due to one reason or the other? Well, its never to late or early to start saving. What you do today with your money will determine how fast it will grow.
Similar to Personal Finance - Money Mindset and The Road to Financial Wellness by @Phroogal (20)
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
NO1 Uk Rohani Baba In Karachi Bangali Baba Karachi Online Amil Baba WorldWide...Amil baba
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how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. My Story
“Make more
money. Spend
more money. Work
more hours.”
But…
“It’s not the size of
the paycheck that
matters but how
it’s managed.”
www.phroogal.com
@phroogal
4. Living My Dreams
“We don’t have
to wait till a
‘retirement age’
to live our
dreams.”
www.phroogal.com
@phroogal
5. Understanding Perspective
“We all see
things differently
but it’s our
perspective that
matters.
Don’t like it?
Change it.”
www.phroogal.com
@phroogal
6. Change of Mindset
“The secret to
financial wellbeing
is an awareness of
lifestyle goals,
financial planning
and action.”
www.phroogal.com
@phroogal
7. Introduction
• My Background
• The plan is to provoke discussion and interest
in the subject of personal finance.
• The goal is to incite action in furthering your
education and knowledge.
• My hope is to build the foundation for you to
achieve prosperity.
www.phroogal.com
@phroogal
8. Prosperity is the
successful and
thriving living
condition with
respect to finances.
9. Why Financial Education?
• We learn the area of a triangle but not the value
of the dollar.
• We can calculate the circumference of a circle but
not compounding interest.
• Money is a taboo subject but we learn our
financial habits through family and social
interactions.
• Tremendous amount of information; confusion
• Don’t be fooled. Money impacts your life!
www.phroogal.com
@phroogal
10. Why Financial Education?
What we hear about money?
• American consumers owe:
– $854.2 billion in credit card debt
– $8.15 trillion in mortgages
– $1.12 trillion in student loans
• Consumers paid $32 billion in overdraft fees
• 70 million Americans are “underbanked”
• Financial relationships, credit reports and credit scores
impact your well being.
Education empowers you to make better informed
financial decisions.
www.phroogal.com
@phroogal
11. Road to Financial Wellness
• Imagine a cross country road trip without a
plan and the tools to reach the destination.
• Your destination to financial wellbeing
requires planning and you can choose to get
there sooner.
• Have a life plan not just a financial plan.
– Financial goals without an understanding of how it
contributes to your desired lifestyle prevent you
from achieving your life plan.
www.phroogal.com
@phroogal
14. Lifestyle Choices
• Envision the life you want to live.
– Ask yourself, “What brings happiness into my life?”
– Ask yourself, “If I had no debt or financial obligations, how
would I spend my time?”
• Beware of Lifestyle Inflation – spend more when you
have more to spend.
– When you earn more the cost of your lifestyle choices
increases accordingly limiting your ability to build wealth.
• Keeping up with the joneses.
– Purchases are made to keep up appearances.
• Lifestyle choices are sticky. Income fluctuates.
www.phroogal.com
@phroogal
15. Wealth is not
measured by how
much you spend but
how much you’ve
saved.
16. Financial Habits
• Influenced by the Culture of Debt.
• Taught a spending habit.
• Consumerism has taught us quantity of stuff
not quality. Disposability not usability.
• Savings is postponed for instant gratification.
• Purchase things over experiences.
www.phroogal.com
@phroogal
17. If you won a million
dollars, what would
you do?
19. Mindset - Mind the Gap
• What’s your relationship with money?
– Do we control it or control us?
– Do we value life by how much we spend?
• Money is personal.
– It’s not just numbers.
• Spending Habits
– Mindless spending can prevent you from spending on needs and wants.
– The longing of a purchase is more impactful than the ownership.
– Place more value on things we can’t afford.
• Savings Habits
– Waiting to have more income to save.
• Retirement isn’t an age.
– Choose the time period to live your dream lifestyle.
www.phroogal.com
@phroogal
20. Mindset - Happiness
• Money does buy happiness.
– Ensures we don’t worry about basics to sustain life.
• Materialism does not buy happiness.
– Wealthiest don’t want it all.
• Fear: More money more problems.
– Lottery winners lose winnings.
• Buying things or experiences are the same.
– It’s the value you place on them.
• Personal satisfaction can’t ever be purchased.
• Money is a tool not the answer.
– Used wisely can help you continuously achieve.
• Money does not give you purpose in life.
– Makes it easier to achieve a purpose.
www.phroogal.com
@phroogal
22. Understanding Income
• Income comes and goes.
• It’s not how much more you can make. It’s the
relation to how much you spend.
• You can live paycheck-to-paycheck with a six
figure salary.
• It’s not just the paycheck. It’s the benefits too!
• Diversify income sources.
www.phroogal.com
@phroogal
23. Do I have cash to make
the purchase now or am I
willing to work more
hours in the future to pay
for it?
24. Savings
• Savings is necessary to get capital needed to make wealth.
• Prioritize Savings – Pay yourself first.
• Find ways to reduce spending and save more.
• Have a Purposeful Savings Strategy
– Emergency Fund – 6 months of expenses in liquid account for use in
event of loss of employment or underemployment.
– Short Term (within a year) – Vacation, Holidays, Taxes
– Midterm Goals – Home and auto purchase, college expenses, growing
family.
– Long Term and Retirement
www.phroogal.com
@phroogal
25. Investing
• Benefits of
an early
start
• Compound
Interest
• 401(k)
match
• Roth IRA
www.phroogal.com
@phroogal
26. Do you want to be
the Starbucks loving
apartment renter or
the Folgers Crystal’s
homeowner?
27. Spending Habits
• What we need is
actually much less
than “what we
think” we want.
• Loyalty to brands
and stores.
• Impulse buys and
retail therapy.
• Present bias putting
immediate
gratification over
future needs.
www.phroogal.com
@phroogal
28. Mindful Spending
• Awareness of how money is spent to improve
quality of life.
• Knowing purchases made today can impact ability
to retire early.
• Questioning purchases.
– Do I need it?
– Do I need it now?
– What will happen if I don’t have it?
www.phroogal.com
@phroogal
29. Spending Rules:
A bargain isn’t a
bargain if you actually
don’t need it.
30. Spending Rules:
Don’t spend more
than what you make.
Spending > Income =
Downward Spiral
32. Mindset on Financing
• Purchase on credit only when buying long lasting
assets with short lasting financing.
• Don’t finance items for longer than their usable life.
• The importance of credit and impact to lifestyle.
• Necessity of loans as an investment (education, home,
car).
• Just because you’re approved doesn’t mean you can
afford it.
• Ask yourself, “How does the loan or line of credit
improve your life long term?”
www.phroogal.com
@phroogal
33. Spending Rules:
Just because you’ve
been approved for
credit doesn’t mean
you can afford it.
34. Reality of Debt
• Debt is a ball and chain that prevents you
from living your dream lifestyle.
• Borrowed money keeps you bound.
• Avoid debt collectors, bankruptcy and
financial stress by avoiding debt.
• In debt? Prioritize debt repayment.
www.phroogal.com
@phroogal
36. Retirement as a Lifestyle
• Through planning and sound financial management retirement can be
achieved sooner.
• The amount needed to retire differs from one person to another.
• Power of Time. Start saving and investing early for retirement sooner.
• Know your life plan, preferred lifestyle and financial goals.
• Understand and use retirement savings vehicles:
– 401(k) and other Defined Contribution Plans
– Individual Retirement Accounts (IRA)
– Investments and Brokerage Accounts
– Pensions
– Company Stock Options
– Social Security
www.phroogal.com
@phroogal
37. At age 23, you made
$40,000/year and by 30 years
old you’ve saved $40,000 into
your 401(k). If you decided not
to contribute another dime till
retirement and realizing an 8%
return, your $40,000 would be
over $600,000.
38. FACTS over Lotto Dream
• Financial Wellness FACTS Process
– Financial Awareness
• Be mindful of your life plan, financial situation and your money habits.
• Ask questions and understand. Change mindset and perspectives as needed.
– Creating a plan
• Have a life plan, set financial goals and budget for everything.
• Change is certain and plan a response.
– Taking control
• Prioritize savings and diversify income.
• Pay down debt, control spending and decrease expenses.
• Automate and use financial tools.
– Seeking knowledge
• Invest in yourself through education and skills attainment.
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@phroogal
39. Achieving Financial Freedom
• Ignorance isn’t bliss. Financial independence begins
with financial knowledge.
– The more you know about personal finance the more
control over your financial future.
• Change is inevitable. Have a plan, avoid lifestyle
inflation but be flexible and prioritize saving.
• Retirement can be a lifestyle not an age. The magic
number for retirement varies greatly for each person.
• Increase wealth. Lower expenses, curb spending, save
on purchases, diversify and supplement income.
www.phroogal.com
@phroogal
40. You Only Live Once
• YOLO is knowing the value of your time to create
experiences and memories.
– Spend what you make only leads you to “living at the
workplace” more often than you need.
– If you only live once, why not spend it doing the things you
want to do all the time rather than just the weekends?
• YOLO is using knowledge, resources and time to
achieve desired lifestyle in this lifetime.
– You can spend your days/nights working to pay for a
lifestyle you can’t afford.
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@phroogal
41. • The more you know about personal finance the more control
Lisbon, Portugal, 2012
Financial Awareness
you have over your future.
• Don’t wait in the unknown.
• Begin to live in the know(ledge).
Know your actual take home pay
Know your credit history and credit score
Know the power of time
Know how much money you truly owe
Know the interest rates, terms, fee structures
Know the fine print on your credit cards and loans
Know your financial statements
Know the total cost of borrowing
Know the resources and tools available
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@phroogal
42. Resourcefulness
• Your Knowledge
– Invest in learning more.
• Budgeting
– Helps achieve financial goals and life plan.
• Banking Relationships
– Not all created equally choose the right program.
• Free Resources
– Take advantage of all available resources from colleges,
non-profits and government sources.
www.phroogal.com
@phroogal
43. Action Plan
1. Envision the life you want to live without money or
things.
2. Analyze and accept your true financial standing
(income and expenses, savings and debt) and set
goals.
3. Ask questions and research to increase your financial
knowledge any which way you can.
4. Ask yourself what can you do today/in 3 months/this
year?
5. Practice financial awareness and stay proactive.
www.phroogal.com
@phroogal