Presentation on theme: "FI Charts These slides are intended to help you prepare flip charts and for active charting in conjunction with the FI Instructor Guide."— Presentation transcript:
FI Charts These slides are intended to help you prepare flip charts and for active charting in conjunction with the FI Instructor Guide
Financial Integrity Transforming Your Relationship With Money Session 3 Welcome Back!
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 Whats 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: Knowledgeable Adept and 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
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 whats important to me
Financial Integrity Thank you for participating!