Summarise Wealth Planning Process




Develop Your Skills In Become your own financial expert Calculate your net worth and net cash flow Protect and manage your wealth
Organizing Your Personal and Financial Data.(About You) Keep finances under control Use the tools provided Insure Your Self
identify Which Time Value of Money Calculation to use Assessing your Personal Type Who am I? Gross Montly Income Make a Will
Create Personal Financial Statements Find how your personality may influence your personal finances List of monthly expenditure Peridically review your Spending plan
Apply the time Value of Money Planning in the good times and when the salary is coming in. Debt ratio: Total debts/ Total assets (%) Make sure that you contribute more toward your retirement as you earn more
Evaluate Your Personal Finances Paying your self first Total assets Monitor the performance of investmen. Make adjustment where nessary
Up date your various insurance safety nets to reflect in income or personal circumstances
Keep your Finances in order
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