Beyond Financial Fitness Workbook

More documents

Recommendations

Info

INTRODUCTION “It is easy in the world to live after the world’s opinion; it is easy in solitude to live after our own; but the great man is he who in the midst of the crowd keeps with perfect sweetness the independence of solitude.” —Ralph Waldo Emerson What are the three main areas of personal finance? 1. 2. 3. The ____________ section of our Financial Fitness training concentrates on helping people get out of debt and stay out of debt, developing productive habits that, over time, can help them beat the Financial Matrix. “Those who don’t understand the power of ______________ ______________ are destined to pay it.” The ____________ section of our Financial Fitness training is the idea that in order to truly get ahead financially in life, we need to not only learn how to keep more of what we make (defense), but also learn how to make more as well. The ____________ _____________section of our Financial Fitness training refers to the forces at work in the Financial Matrix and how they affect every single aspect of our financial lives. This includes considerations like inflation, interest rates, market volatility, tax laws, investment strategies, and a whole gamut of factors that play into our overall ability to get ahead financially. The _______, ________ _____________________ __________________ is simply a graphical representation of the priorities of where to focus your money, depending upon your particular progress on your journey to financial fitness. What are the three considerations of the intelligent investor? 1. A _____________________ _____________________ ___________
that outlines how you will earn, save, spend, borrow, and invest your money. 2. An _____________________ ____________ that spells out your fundamental approach to investing. 3. An ____________ _____________________ ___________ that details how much money you will keep in different investment categories. Fill in the blank key for Introduction: Offense, Defense, Playing Field, Defense, Compound Interest, Offense, Playing Field, YOU Inc. Investment Hierarchy, Comprehensive Financial Plan, Investment Policy, Asset Allocation Plan
Page 4 and 5: The information presented in this b
Page 7: CONTENTS Introduction Part I—Comp
Page 12: Your goal should be to get by on on
Page 15 and 16: In what ways are you currently “i
Page 17: Think of some examples of people yo
Page 20 and 21: Do you already have a Durable Power
Page 24 and 25: FOUR The Top of Hierarchy “The gr
Page 26: • Index funds are an easy way to
Page 29: How does deflation affect your fina
Page 33 and 34: What does this chart tell you about
Page 35: True/False 2. If interest rates go
Page 39: True/False 4. ETFs will almost alwa
Page 42 and 43: What does this graph tell you about
Page 44: Bonds = 35% Stocks = 40% Real Estat
Page 47 and 48: “Trust in time rather than ______
Page 49: ___________________________________
Page 52 and 53: True/False 10. Those who sufficient

Beyond Financial Fitness Workbook

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?