Personal Financial Planning

Personal Financial Planning Masterclass is a program that empowers financial advisers with knowledge and skills that help them offer viable solutions to their clients while diligently managing their finances and investments.

The Personal Financial Planning Masterclass program is run by highly experienced trainers from the Personal Finance Academy.

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More about the program

Course outline

By the end of this course you shall have covered the following 10 sessions.

1. Introduction to financial planning

  • What is financial planning? Why is it important? What are the steps to achieving it?
  • Avoiding the financial rat race
  • Financial wellness assessment
  • Financial wellness goals
  • The personal financial planning journey

2. Developing a financial plan

  • Tools to use, components of the plan, revising the plan
  • Personal balance sheet
  • Interpretation of the net worth statement
  • Financial planning concepts
  • Life stages and financial planning

3. Parts of the financial plan

  • Shelter, education, retirement, holiday and business fund plan
  • Setting SMART financial goals and achieving them
  • Focus on short term, intermediate and long term goals

4. Cash flow management plan

  • Shelter, education, Retirement, How do I convert an idea into a viable business?
  • What are the various savings vehicles and how do they work?
  • What are the investment arenas available? – Shares, unit trusts, forex, bitcoins, forex, land.

5. Savings and investment plan

  • Investment concepts from goats to gold
  • Getting more from the self
  • Pools of accumulation how make more
  • What is my shape for financial success?
  • What is my SHAPE for financial success?

6. Investment Vehicles and Financial planning

  • Using other people’s expertise in
  • Shares
  • Unit trust
  • Forex
  • Government Securities
  • Choosing other experts

7. Consolidating the Financial Plan

  • Investing in real estate
  • Business as a source of income
  • Where is the money for the business?

8. Risk Management in Financial Planning

  • Healthcare – exercises, diet, regular tests- Medical insurance
  • Records – Next of kin, Titles, Disclosures
  • Perils on property – fire, blood, theft, property insurance
  • Accidents – alternative source of income – accident insurance
  • Wealth distribution – Estate planning – giving instructions

9. Sharpening the Saw for financial planning

  • Improving financial planning education
  • Record keeping
  • Review the financial plans
  • Putting together the comprehensive financial plan.

10. Executing the financial plan

  • Implementation tools
  • Measuring progress
  • Upscaling and adjustments

Fees and Setup

Setup

Online sessions on Zoom

2 Hours per lesson, 2 days a week for 10 weeks

Monday & Wednesdays

Time 

7:00 am – 9:00 am or other agreed time.

Payments

Payments can be made via Lipa na Mpesa Till Number 556495, cash or cheque made out to Citadel Consulting Limited.

Options

The Personal Financial Planning Masterclass program gives two options:-

  • Open Class
  • Company organized

Class perks

  • PFP Masterclass manual with the relevant notes
  • A one to one session with one of our financial educators
  • Reference materials, electronic templates, exercises
  • Confirmatory certificate of participation
  • Graduation, videography and photography

Outcomes of this course

  • Bigger sales
  • Higher premiums
  • Better persistency
  • Higher income
  • Solid investments
  • Stability
  • Loyalty

Who is eligible?

The program is for financial advisors seeking to sharpen their skills to serve their clients better and manage their personal finances and investments, these will include; Sales executives, marketing officers, unit managers, sales managers, sales representatives, account managers, financial advisors and insurance brokers.

The trainer

Wahome Ngari is an accomplished business leader with a passion of building people and their businesses. His knowledge and expertise is founded primarily upon practices and hands on experience acquired through the years as a successful leader in the business arena.

He has committed many hours in learning from thought leaders within the wealth creation field and continue to ‘sharpen the saw’.

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