Personal Finance Coaching

Program Description:

Financial Wellness: Building a Strong Financial Foundation is a one-hour coaching program designed to empower individuals with the knowledge and skills necessary to take control of their personal finances.

Whether you are looking to improve your budgeting, savings, or overall financial health, this program will provide you with practical strategies and guidance to achieve your financial goals.

Program Details:

1. Understanding Financial Health:

• Exploring the concept of financial wellness
• Assessing your current financial situation
• Identifying financial goals and priorities

2. Budgeting Basics:

• How to create a practical budget
• Tracking income and expenses
• Managing cash flow effectively

3. Debt Management:

• Understanding different types of debt
• Strategies for debt repayment
• Building a plan to debt freedom

4. Saving and Investing:

• Importance of saving and emergency funding
• Investment asset allocation and diversification
• Introduction to different investment options

5. Introduction to Insurance Coverage:

• Importance of insurance in managing financial risks
• Types of insurance (e.g. life, medical, term)
• Understanding policy coverage and choosing the right insurance options

6. Planning for Retirement:

• Importance of retirement planning
• Exploring retirement savings options
• Strategies for setting retirement goals and maximizing savings

7. Understanding the Importance of Estate Planning:

• Introduction to estate planning and its purpose
• Key components of estate planning (e.g. wills, trusts, nomination)
• Ensuring smooth transfer of assets and protecting your legacy

Program Structure:

- The program will be conducted in a 1:1 personalised style format with interactive discussions focusing on one or more topics chosen by participant.

- Topics chosen will be covered in a concise and engaging manner to ensure maximum understanding and retention within the one-hour timeframe.

- Participant will have the opportunity to ask questions, share experiences, and receive guidance tailored to their specific financial questions.

Teaching Methodology:

- The program will be facilitated by a knowledgeable financial coach who will provide expert guidance and practical insights.

- The coach may use real-life examples and case studies to illustrate key concepts and demonstrate their application in various financial situations.

- Interactive discussion will be incorporated to encourage active participation and enhance learning outcomes.

Prerequisites:

- No prior financial knowledge or experience is required. This program is suitable for individuals of all financial backgrounds.

- Participant is encouraged to come with an open mind, a willingness to learn, and a commitment to taking positive steps towards improving their financial well-being.

At the end of this one-hour coaching program, participant will have gained a solid foundation in personal finance, enabling you to make informed decisions, set achievable financial goals, and navigate your financial journey with confidence. Whether you are looking to achieve a specific goal, or simply gain control over your finances, this program will provide you with the tools and knowledge to create a strong financial foundation.