FIRST CHARTING WEB FIRST CHARTING DESK FIRST CHARTING MOBILE APPLICATION PLATFORMS:
FI Charts These slides are intended to help you prepare flip charts and for active charting in...
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Transcript of FI Charts These slides are intended to help you prepare flip charts and for active charting in...
FI Charts
These slides are intended tohelp you prepare flip charts
and for active chartingin conjunction with the
FI Instructor Guide
Financial Integrity
TransformingYour Relationship With Money
Session 3
Welcome Back!
Parking Lot
Check-in and Review
Questions?
Stories?
• Check-in and review
• Step 7 – Maximizing Your Income
• Step 8 – Capital and the Crossover Point
• Step 9 – Financial Independence
• What’s next?
• Closing
Session 3 – Overview
In-flow (income) & Out-flow (expenses)
Step 7
Maximizing Your Income
Step 7
Consider the possibility of:
* Moving toward the highest possible income
* Commensurate with your integrity and health
* For a finite period of time
Wall Chart
• Show wall chart with income below expenses.
• Opportunity to emphasize reducing debt (some people chart their debt reduction on their charts – this is not necessary for this step, though the topic might come up).
Step 8
Capital and the Crossover Point
Step 8
Capital
is the result of
Income > Expenses
Step 8
Investment:
your capital
creating more income or
other potential wealth
for YOU
Wall Chart
• Show wall chart with investment income increasing over time
• Then hitting the “cross-over” point.
Step 9
Securing
Your Financial Independence
Step 9
Financial Independence:
KnowledgeableAdeptand
Sophisticated
about safe, long term, income-generating investment vehicles
Step 9
Disintermediation:
Dis – inter – mediation
“No middle man”
Going directly to the source
Step 9
Financial Independence
Taking responsibility for:
• knowing how to invest in accordance with your goals and values
• implementing and managing those investments
Step 9
Financial Independence
Capital
Cushion
Cache
Step 9
Suggested Investment Criteria
• Safety• Guaranteed Stable Income• Liquidity• Minimized costs (money)• Minimized costs (life energy)• Long-Term
Discussion
What’s next for you?
Step 7 –
Step 8 –
Step 9 –
Session 3 – Review
Financial Integrity
Final Review
Why FI?
• Reduce stress about money• Have more clarity about money• Feel more in control• Get out of debt• Live within my means and save• Be able to do the work I want to do • Reconnect with my purpose in life• Have more time for what’s important to me
Financial Integrity
Thank you for participating!