Managing Personal Finance for TeachersAKINWUNMI ADELANWA

PEDIGREE CONSULT

2 HRS

Why Personal finance:

Because life is a game of economics  

For adequate planning  

Current economic reaiities and emerging trends  

Because financial success is an ongoing affair  

Because a change of mind set is required  

Because these concepts are not taught in school but in real life and by experience  

To hasten the growth curve  

To start with the end in mind  

To exit the rat race early  

To become an astute player in the financial sphere  

Why teachers

Because theirs is a sacrificial job and it is  assumed that they must be Spartans  

The job description — a teacher is usually defined  as someone who instructs but in most cases,  this is not the only job done by a teacher he is to serve as a role model, mentor, traffic cop, surrogate parent, psychologist, strategic planner, records keeper, messenger,  disciplinarian and coach.  

Theirs is a tedious and oftentimes thankless  job.

Complementary famiiy iife and  Lifetime Career Goals include :  

Maximizing earnings and wealth   Practicing efficient consumption   Obtaining what you value (Home, career,

children's education, free time, social service)   Financial Security   Retire blissfully  

TO THIS END A PROFESSIONAL TEACH ERNEEDS AN ORIENTATION IN PERSONALFINANCE.

Pinancial Aptitude for wealth

“What you do with money once you make it, how you

keep others from taking it from you, how long you keep

it and how hard it works

for you.’’

Personal finance course topics usually include:

The importance of Personal Finance Careers and other factors affecting Income Financial Planning Budgeting and Cash flow

Management Managing your cash and debit and credit cards Planned Borrowing Major Purchases - Automobiles The Housing Expenditure Income and Asset Protection

Personal Finance topics also include

Risk Management and Property / Liability Insurance Health Care Planning Life Insurance Planning Investment Fundamentals and Portfolio Management Investing in Stock and Bonds Mutual Funds Buying and selling Securities Real Estate and Advanced Portfolio Management Retirement and pension funds administration Estate Planning

Our own treatment usually includes:

Importance of personal finance Careers and other factors affecting income Basic real life economic principles Personal Banking Accounts Intro to Investment Fundamentals and portfolio mgt. Health and wellbeing Retirement plan and Pension Fund Administration Children and Family Equity / Debt / Growth Asset/ Liability classification . . . Further-Education Faith, Integrity, Equity and Professionalism

LIFE IS A GAME OF ECONOMICSNOT OF NUMBERS OR RESOURCES, BUT LEVERAGING NJUMBERS AND RESOURCES TO CREATE VALUE AND SATISFACTION

Economic Principles Insatiable needs Scarce Means Opportunity Cost Scale of preference The economic system Demand and supply Economies of scale Entry barriers to trade Specialization and division of labour Marginal returns Economic Cycles - Growth, inflation, depression. Marketing and the product mix Positioning and target marketing

“An individual earnestly seeks and strives to attain, to maintain if attained, to preserve if threatened and to regain If lost a required level of comfort in living.”

Steps at attaining financial freedom. The first step is accumulating six months living expenses in case you

are a salary earner as fixed savings not to be touched. - 

The next step is increasing growth of income beyond growth of expenses

Then you plan investments that will dovetail into multiple streams of income.

Build a business model about what you do.

Develop a system that replicates growth of income without further outlays of cash

Manage your system

Retire early, monitoring your business system

Thanks for listeningAKINWUNMI ADELANWA

PEDIGREE KONSULT

Contact Details

For Online Seminars, Presentations and other Content Development

Market Research and Sales Representation

Phone / Text: +2348033770019

Email:agadelanwa@Hotmail.com , pedikonsult123@gmail.com

Facebook / LinkedIn Profile: Akinwunmi Adelanwa

Address: 92 Iwaya Road, Onike, Yaba, Lagos, Nigeria, West Africa

On-going Content DevelopmentScreencasts

Secondary School – best time of your life

Destined for success (High School Motivational)

Signposts to becoming parent of A grade Student

Signposts on road to successful life-long career

Fun, Rewards and future benefits of attending College the right way.

Demographics of the changing Lagos market

Thanks for dropping a Line of Positive feedbackAKINWUNMI ADELANWA

PEDIGREE KONSULT