The 8th wonder of the world, greatest mathematical invention, and mankindās greatest invention, because it has a force for amassing wealth ... Albert Einstein.
Albert Einstein said,āCompound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.ā
The Rule of 72 gives you a short and easy way to calculate your return by letting you know how long it will take to double your money. It's short, simple and a real eye opener.
Itās a Money Thing is a collection of effective and affordable financial education content designed to engage and teach young adults while setting your credit union apart. These presentations and other elements are all customizable with your credit union's logo. Check out Currency Marketing at currencymarketing.ca/money-thing for more information.
The 8th wonder of the world, greatest mathematical invention, and mankindās greatest invention, because it has a force for amassing wealth ... Albert Einstein.
Albert Einstein said,āCompound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.ā
The Rule of 72 gives you a short and easy way to calculate your return by letting you know how long it will take to double your money. It's short, simple and a real eye opener.
Itās a Money Thing is a collection of effective and affordable financial education content designed to engage and teach young adults while setting your credit union apart. These presentations and other elements are all customizable with your credit union's logo. Check out Currency Marketing at currencymarketing.ca/money-thing for more information.
Not sure of how much you need for your retirement or if you can really afford the dream house. Then have quick look at these thumb rules, just to know if you are on right track.
Here is a quick overview of a retirement strategy that allows for a tax deduction for a business owner on any deposits and allows the withdrawals in retirement to be tax free.
What risks do Female Investors face in Australia?Conrad Francis
Ā
š¼ As identified in the recently released ASX Australian Investor Study 2023, female investors face unique challenges that deserve attention in the world of investments.
š By acknowledging and addressing these risks, we can help female investors navigate the investment landscape with confidence. It is imperative for financial institutions, policymakers, and society to work towards creating an inclusive and supportive environment, ensuring equal opportunities and access to resources for all investors.
š Share this carousel to spread awareness and empower female investors in their journey towards financial success!
The pandemic has been as much a stress test on personal financial plans as it was on the global economy. Even though most investors say theyāve not been directly affected by the financial squeeze that many have felt during the pandemic, those surveyed say there are clear take-aways from Covid.
Not sure of how much you need for your retirement or if you can really afford the dream house. Then have quick look at these thumb rules, just to know if you are on right track.
Here is a quick overview of a retirement strategy that allows for a tax deduction for a business owner on any deposits and allows the withdrawals in retirement to be tax free.
What risks do Female Investors face in Australia?Conrad Francis
Ā
š¼ As identified in the recently released ASX Australian Investor Study 2023, female investors face unique challenges that deserve attention in the world of investments.
š By acknowledging and addressing these risks, we can help female investors navigate the investment landscape with confidence. It is imperative for financial institutions, policymakers, and society to work towards creating an inclusive and supportive environment, ensuring equal opportunities and access to resources for all investors.
š Share this carousel to spread awareness and empower female investors in their journey towards financial success!
The pandemic has been as much a stress test on personal financial plans as it was on the global economy. Even though most investors say theyāve not been directly affected by the financial squeeze that many have felt during the pandemic, those surveyed say there are clear take-aways from Covid.
Have you heard of The Cashflow Quadrant?
It's the simplest model that outlines the various career paths and tax system structures that exist in most countries.
It comes from a book by Robert Kiyosaki called Rich Dad's Cashflow Quadrant: Guide to Financial Freedom.
If you're not much of a reader the 8 slides below give you a great little summary to fast track your learning from.
The "Richest Man in Babylon" is a fictional book originally written in 1926 by George S. Clason whose storyline revolves around Arkad, a fictional character in the Babylonian
parables, wh is described as "the richest man in Babylon."
Two friends, Bansir and Kobbi, a chariot builder and a musician, get tired of working hard to get by without ever improving their status. So, they gather some additional friends and approach Arkad for advice on how to become wealthy.
Arkad, who began his working life as a poor scribe, obliges by recommending "Seven Cures for a Lean Purse" which now translates into the "Seven Principles for Acquiring Wealth".
We certainly recommend the book too ļ
We know that superannuation exists to ensure Australian retirees can live comfortably once they say goodbye to the workforce. While the exact amount that is needed in retirement will depend on things like what kind of lifestyle a person plans to have, and what age they retire, retirement standards produced by ASFA show that the average, relatively healthy single Australian can retire comfortably with a super savings of $545,000, while an average couple will need $640,000*.
If you think the average employee knows this, think again. Around a third of employees (36%) report they have no idea how much money they will need to retire comfortably, while 44% are unsure if they will have enough money to retire, and 51% are clueless about how much money they will actually have by the time they reach average retirement age (55.4 years in 2020)**. On top of this, 39% feel they may have to work longer because of the current financial situation, in order to replenish their superannuation funds and meet their retirement savings goals.Ā
* Association of Superannuation Funds Australia (2018): Bringing retirement budgets into the digital age
** Australian Bureau of Statistics (2020): Retirement and Retirement Intentions, Australia
Have you ever heard of the term rentvesting?
Well, simply put rentvesting is a home-owning strategy where you rent a property to live in thatās right for your lifestyle, while you own an investment property thatās right for your budget.
Flick through this carousel for the pro's & con's of this strategy, and most importantly get advice on how this may suit you on your financial freedom journey!
Your home is a purchase, not an investment!Conrad Francis
Ā
Most experts would agree that buying a home is a bad investment, but the problem is, many misinterpret this to mean buying a home is a bad idea in general.
Whilst your home isnāt a great investment that doesnāt necessarily make it a bad purchase, and the two need need to be distinguished when going through the decision making process.
Here's a quick & simple method to help you assess your "affordability" and to help you avoid being "house poor" in making the decision to buy a home.
Reviewing your personal insurance policy: when, why and how.Conrad Francis
Ā
Insurance might not always be top of mind, but itās important to review your policies regularly to make sure youāve got the right cover
Whatever your mix of cover ā life, total and permanent disability, income protection and trauma ā insurance can be an important part of protecting yourself and your family, now and into the future.
ILC recently held a virtual launch of their report āPeace of mind: Understanding the non-financial benefits of financial adviceā, which was supported by St Jamesās Place Wealth Management. This is my synopsis.
In recent years, a number of national studies have consistently shown Australiansā financial literacy is generally poor. The Australian Securities and Investments Commissionās (ASIC) 2017 Financial Capability Survey reveals only 35 per cent of all Australians know the exact value of their superannuation.
Deloitte Access Economicsā 2018 Financial Consciousness Index found nearly one-third of the population is āfinancially vulnerableā ā concerned by a lack of job security and the ability to retire comfortably at the age of 65.
How to get your hands on the current opportunitiesConrad Francis
Ā
When managing your finances, as with most things, a good strategy always beats short-term tactics.
But what predicates the strategy is know the game you are playing.
Follow the tips in these slides to help you understand the difference between changing your plan because the context
has shifted and blindly following trends based on fear of missing out.
Learn to respond, as opposed to reacting.
Should investors be optimists or pessimists?Conrad Francis
Ā
Are investors better off being Pessimists or Optimists?
Take a look at a few of the points highlighted by Morgan Housel in his recently released book, The Psychology of Money: Timeless lessons on wealth, greed, and happiness.
I'm here to help you achieve your financial goals, so you can live the life of your dreams and achieve financial freedom.
I would love to hear about your goals and dreams, please reach out to have a chat ;)
Goal setting for a better financial future.Conrad Francis
Ā
Goal setting is an important principle when it comes to financial matters - but how do you know what goals to set, let alone where to start...so here's a few tips!
Taking time to recognise when something positive happens is a great way of building your positivity muscle.
I am continually asked...how can you be happy all the time, the secret the more you notice things to be grateful for, the more you notice.
Here is some interesting information shared by the lads @thersesilienceproject including the tips to practicing gratitude on a daily basis.
A presentation to guide your reflection over the past year and identify the single biggest thing you need to work on in order to get you to achieve success in 2020
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
Ā
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasnāt one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Embracing GenAI - A Strategic ImperativePeter Windle
Ā
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Ā
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Hanās Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insiderās LMA Course, this piece examines the courseās effects via a variety of Tim Han LMA course reviews and Success Insider comments.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
Ā
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesarās dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empireās birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empireās society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Ā
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
How to Make a Field invisible in Odoo 17Celine George
Ā
It is possible to hide or invisible some fields in odoo. Commonly using āinvisibleā attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Operation āBlue Starā is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2. 02
"WHEN I DO PROJECTIONS FOR PEOPLE I USE THE
RULE OF 72, WHICH SAYS IF YOU CAN MAKE 7% ON
YOUR MONEY IN A SUPER FUND IT WILL DOUBLE
EVERY 10 YEARS. AND THAT'S WHAT WE HAVE TO
THINK ABOUT, TRYING TO GET THEM TO
UNDERSTAND THE BROAD INVESTMENT APPROACH"
What the Rule of 72
Reveals About the
Future of an
Investment
WWW.CONRADFRANCIS.COM
3. How the Rule of 72
Works
For example, if you take 72 and
divide it by a rate of return of 5%
it will take you about 14.4 years
to double your money.
03
WWW.CONRADFRANCIS.COM
4. You can also
use the rule
the other way,
to determine
how much you
need to earn
to double your
money.
WWW.CONRADFRANCIS.COM
04
5. 05
For example, if you have
$270,000 in super and
need $540,000 to retire
and you are earning 6%pa
(after fees), then it will
take 12 years (72 / 6).
F O R E X A M P L E
WWW.CONRADFRANCIS.COM
6. 06
THAT IS IF YOU ARE 52, YOU WILL NEED TO
KEEP WORKING UNTIL YOU ARE 64.
This can help you
plan for retirement.
WWW.CONRADFRANCIS.COM
8. FOR MORE INFORMATION ON THIS OR
OTHER #FINANCIALEDUCATION HACKS
PLEASE CONTACT CONRAD VIA VISTING
IS WEBSITE WWW.CONRADFRANCIS.COM
Thank you.
WWW.CONRADFRANCIS.COM