Gal#4 week 6 ver final
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Transcript of Gal#4 week 6 ver final
See if you can recognise them
Look Carefully at the following photographs
What do they have in
common?
Petra (Raqmu), of Jordan – Rose city - 312 BC
Great Wall of China 7th Century BC
Christ the Redeemer
- Brazil - 1931Chichen Itza – Mexico - 750 and 900 AD
Machu Picchu – Peru - 1450
Colosseum - Rome AD 72
Taj Mahal – Agra India - 1643
What did they have in common?
• Any Guesses?• What could it be?
A. GoalsB. Exponential MathsC. Teams and Team workD. Places I have been
• Remember you answer
• Don’t Go Anywhere – all will be revealed
Welcome to Week 7
Check In
• Reflect on Week 6• Good, Bad, Ugly
• My 3 Top Priorities• Wheel of life Area 1
• What aspect was most difficult?
Area 2–Family & Home
Home• Is this your place of choice?• Is home secure and safe?
Family • Is your family spending quality time
together?
Guidelines– Identify Goal– Link to your Philosophy– Benefits – The why?– Obstacles / Solutions– Resources Needed / Affirmations– Intermediate Objectives/ Solution
Tips• Family Vision Budget for family Financially astute• Give Attitude Embrace family Eat meals together• Review Page 142/ 143
Area 3 – Social & Recreational
Friendships• What are you doing?• Are u a friend to others?• Recreation time• Renewing your energy• Recreation time
Guidelines– Identify Goal– Link to your
Philosophy– Benefits – The why?– Obstacles / Solutions– Resources Needed /
Affirmations– Intermediate
Objectives/ Solution
Tips• Be a friend, Host a meal or dinner• Provide support, Search for humour• Develop and exercise hobbies• Review Page 208/209
Day 29
Day 30
Tips
Area 4 – Spiritual & Emotional
Spiritual Core• Your relationship with God• Religion or spirituality?Emotional • Where are you emotionally?
Guidelines– Identify Goal– Link to your
Philosophy– Benefits – The
why?– Obstacles / Solutions– Resources Needed /
Affirmations– Intermediate
Objectives/ Solution
• Your relationship with God• Love unconditionally• Lead by example• Give with a generous heart• Review Page 242/243
Area 5 – Intellectual & Educational
Uncut Diamonds• We are worth much but must be shaped• Growth in 4 area
– My Inside – My outside (persona)– My interface with people– My link with work and life
• “What you can’t measure, you can’t manage”
Guidelines– Identify Goal– Link to your
Philosophy– Benefits – The why?– Obstacles / Solutions– Resources Needed /
Affirmations– Intermediate
Objectives/ Solution
Tips• Unlearn and Learn• Knowledge of self• Read to lead• Have an open mind• Circle of friends• Thirst for talent and skills • Review Page 276/ 277
Day 31
Area 6 – Professional & Career
Career• Improve or change your career• Address
– Current Job– Career Development – Current Workplace
Guidelines– Identify Goal– Link to your
Philosophy– Benefits – The why?– Obstacles / Solutions– Resources Needed /
Affirmations– Intermediate
Objectives/ Solution
Tips• Find your destiny & purpose• Focus on Strengths• Develop a Network of
people • Create a profession for the
passion not just money• Invest in yourself• Work as a team• Review Page 310/ 311
Day 32
Day 33
Area 7 – Financial & Wealth
Review Income Streams• Passive
– Property– Intellectual Property– Businesses – Investments
Guidelines– Identify Goal– Link to your Philosophy– Benefits – The why?– Obstacles / Solutions– Resources Needed /
Affirmations– Intermediate Objectives/
Solution
Tips• Monitor what you
spend• Purchase good assets• Get out of debt• Develop additional
revenue streams• Save earnings• Review Page 376/377
Get a Budget - Day 34
Income vs Expenditure• Living within means• Getting out of debt• Measure what you spend (3 months)• As a family! “Suppose one of you wants to build a
tower. Will he not first sit down and estimate the cost to see if he has
enough money to complete it?” Luke 14:28 (NIV)
Do you remember the question I asked
at the beginning?
Look Carefully at the following photographs
What do they have in
common?
Petra (Raqmu), of Jordan – Rose city - 312 BC
Great Wall of China 7th Century BC
Christ the Redeemer
- Brazil - 1931
Chichen Itza – Mexico - 750 and 900 AD
Machu Picchu – Peru - 1450
Colosseum - Rome AD 72
Taj Mahal – Agra India - 1643
Do you remember the question?
What did you vote for?Put up your hand if you voted for:
A.Goals B.Exponential MathsC.Teams and Team workD.Places I have been
The answer is….
• These are the 7 wonders of the world• The 8th wonder is compound interest!
Albert Einstein famously stated: “Compound interest is the eighth
wonder of the world. He who understands it, earns it... he who
doesn’t... pays it.”
A. Exponential Maths
The 8th Wonder of the world
- Impacts you when Saving- Impacts you when Buying long term
Be inspired to Save
• How much money will you have if you invest R 100 now and leave it in the account for 10 years?
• Assumption, no bank fees • Growth Rate of 5%• What will this be in 10 year?
• R 619 • What happens to your money if you invest a further
R 100 per month for same 10 years?
• R 21 090
Enjoy now pay later!• Small LED TV• R 2 808 End up paying R 3 600
– 18% PA– 36 Months – R 100 per month
• If Save R 100 pm x 36– 5% interest Rate P/A– Growth in payment 10% – In 36 months you would have …
R 4 350
R 750 R -3 600
Be inspired to Save
• Julia X (Radio 702 Money Show)– 2006– Saved 30% of her money– Paid 30% tax– Lived off 30%– Growth Rate 12% per year– Contributions grow at 10% – R 4 005 745 – Doubles ever 5 years!!
8th wonder of the worldYear Date Investment only Growth % Yearly Contribution
R 60 000 12% 10% Total1 2006 R 160 000
2 2007 R 179 200 R 19 200.00 R 100 000 R 279 200
3 2008 R 200 704 R 21 504.00 R 110 000 R 10 000 R 310 704
4 2009 R 224 788 R 24 084.48 R 121 000 R 11 000 R 345 788
5 2010 R 251 763 R 26 974.62 R 133 100 R 12 100 R 384 863 R 1 320 556
6 2011 R 281 975 R 30 211.57 R 146 410 R 13 310 R 428 385
7 2012 R 315 812 R 33 836.96 R 161 051 R 14 641 R 476 863
8 2013 R 353 709 R 37 897.40 R 177 156 R 16 105 R 530 865
9 2014 R 396 154 R 42 445.08 R 194 872 R 17 716 R 591 026
10 2015 R 443 693 R 47 538.49 R 214 359 R 19 487 R 658 051 R 4 005 745
11 2016 R 496 936 R 53 243.11 R 235 795 R 21 436 R 732 730
12 2017 R 556 568 R 59 632.29 R 259 374 R 23 579 R 815 942
13 2018 R 623 356 R 66 788.16 R 285 312 R 25 937 R 908 668
14 2019 R 698 159 R 74 802.74 R 313 843 R 28 531 R 1 012 002
15 2020 R 781 938 R 83 779.07 R 345 227 R 31 384 R 1 127 165 R 8 602 253
Day 34 - Your Budget
“If you buy things you don’t need, you will soon sell things you need. Do not save what is left after spending, spend what’s
left after saving.”
Most successful investor of 20th Century 3rd wealthiest in 2011 – His house!
- Warren Buffet
Next Weeks Journey
Days 35 - 40 BudgetBalance SheetArea 8 – Community and Culture Wheel of Life
1. Project Manage your life - get more done
2. Question 7 Legacy Management3. The first day in the rest of your life
Contact DetailsPaul Tanton
Leadership Entrepreneur
072 778 1059 [email protected]
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