Wealth Creation Masterclass™

Find below the course outline and curriculum.

• What money means to different people including the hidden characteristics of money.
• Understanding how a person’s personality affects their money life including making financial decisions.
• A look at the rat race, how wealth creation works and identifying the determinants of our income in the current assignment.

• Identifying the financial issues in every decade in life and how financial products can address them (The financial journey of life).
• Introduction to the financial planning process, tools and measurement of financial progress at a personal level.
• Effective management of personal debts and contingency planning including how to use debt to create wealth.

• Setting SMART personal financial goals (short, medium and long term) with focus on the big five budget items in life.
• Planning for home ownership (costs, financing, process and the financial tools to use).
• Retirement Planning and the big opportunity to use financial products.

• Education financing planning (pre-school to tertiary levels).
• Holiday financing planning and financial tools to use.
• Personal development Planning and self-discovery to make more money.

• Introduction to cash flow analysis and budgeting (offer of free financial tools to use).
• The numerous cash traps and how to avoid them.
• Taking advantage of tax laws as a basis for smart living.

• Understanding investment fundamentals and factors that affect investment choices.
• Investment choices offered in pools including; investment clubs, chaamas, Sacco’s, bank accounts, pension funds, insurance policies etc. and how to make the best use of each to create wealth.
• The place of retirement schemes and life insurance products as investments.

• The high risk high return opportunities in shares and forex trading.
• The stable investment options in government securities, corporate bonds and unit trusts.
• The new arena of REITS, crypto currencies, derivatives, off-shore funds and managed capital.

• Investing in real estate, the opportunities and stability of passive income streams.
• The allure of getting into business, avoiding the traps for good gains.
• Is multi-level marketing and time share options worth our time?
• A field visit is organized for those interested in viable passive investments in housing.

• Identifying personal risks that need to be managed and the various risk management options available.
• Building a personal risks management armory in the areas of records management, healthcare and estate planning.
• Insurance as a tool for risk management (life, personal accident, motor and domestic package).

• The need for a personal record keeping organizer: what and how to.
• When and how to change a person financial plan including the methods of increasing personal financial literacy (becoming a professional).
• Compiling a comprehensive personal financial plan and the execution tools.

• Making and documenting commitments.
• Graduation and award of certificates.
• Networking and socialization.