LearnKey Training

Financial Literacy 101
Financial Literacy 101


Financial Literacy 101

5 Sessions –
15 Hours of Interactive Training
Financial mastery is like a puzzle - it’s only possible when you have all the pieces in hand, and know how to fit them together in the right order. Financial Literacy 101 will teach you important financial concepts about spending, savings, credit and taxes and show you how to apply those principles in a systematic order that will provide a solid foundation for financial success.

Benefits
  • Gain the skills you need to master your finances.
  • Achieve financial freedom and security.
  • Learn to control your spending and power down your debt.

    • About The Authors
    LearnKey maintains relationships with an impressive list of publishers with content covering a wide variety of subject matter areas. LearnKey also has relationships with a host of subject matter experts who are distinguished authors, trainers, consultants and educators.
    Session 1: Controlling Spending

    Section A: Breaking Financial Barriers
    · Introduction
    · How Money is Processed

    Section B: Spending is Emotional
    · Oranges or Numbers
    · Why Do We Spend?

    Section C: Money Mastery Software
    · Financial Worksheet
    · The Spending Planner
    · Spending Categories
    · Balancing

    Section D: Working Your Plan
    · His and Her Assignments
    · Getting it Right
    · Sticking to it
    · Anyone Can Do it

    Section E: Tracking Your Money
    · The Spending Master Booklet
    · Tracking Games
    · Rewards of Tracking
    · Hints for Successful Tracking
    · The Money Mastery Promise

    Section F: Savings is Delayed Spending
    · Delayed Spending
    · Saving Categories - Emergency
    · Saving Categories - Emotional
    · Saving Categories - Long Term

    		Session 2: Eliminating Debt

    Section A: Understanding Credit
    · Introduction
    · The Negative Effect of Debt

    Section B: Power Down Debt
    · Powering Down
    · Prioritizing Your Debts
    · Real Debt Report
    · Get Out of Debt Report

    Section C: Principles of Power
    · Winning the Battle
    · Applying the Principles

    Section D: Establishing and Maintaining Good Credit
    · Establishing Credit
    · FICO Score

    Section E: Know the Rules
    · Financial Games
    · Learning the Rules

    Section F: The Rules are Always Changing
    · Keeping Up with Changes
    · Impacts of Change

    		Session 3: Making the Most of Your Money

    Section A: The Big Picture
    · Introduction
    · Time Value of Money
    · Long Range Planning

    Section B: The Master Plan
    · Spending Decisions
    · Master Plan Worksheet
    · Retirement Worksheet
    · Retirement Cash Flow Analysis

    Section C: Organizing Your Finances
    · Steps to New Wealth
    · Getting Organized
    · Organizing Financial Assets
    · Organizing Your Estate

    Section D: Money in Motion
    · The Most Powerful Principle
    · Turning Your Inventory
    · Using What You Have

     



    Financial Literacy 101 continued
    Session 4: Reducing Taxes

    Section A: Understand Taxation
    · Tax Obligations
    · Understanding Taxation

    Section B: Accumulation Stage
    · Tax Systems
    · Misconceptions

    Section C: Conservation Stage
    · Assets and Taxes
    · Investment Projections

    Section D: Distribution Stage
    · Unnecessary Fees
    · Distribution Taxes
    · Taxation Summary

    Section E: Starting a Home-Based Business
    · Breaking the W-2 Mentality
    · A Home-Based Business Makes 'Cents'
    · Business Ideas

    Section F: Structuring Your Business
    · Sole Proprietor
    · Partnership
    · C Corporation
    · S Corporation
    · LLC

    Section G: Running Your Business
    · Business is Business
    · Business Rules
    · Create a Business Plan
    · Act the Part
    · Be Alert

    Section H: Business Deductions
    · Home Office Deduction
    · Meals
    · Entertainment
    · Conclusion

    		Session 5: Maximizing Retirement

    Section A: Forecasting Your Future
    · Setting Goals
    · Time and Money
    · Forecasting Savings and Investments

    Section B: Insurance
    · What Is Insurance?
    · Why Life Insurance?
    · Insurance and Investment Strategy

    Section C: Retirement
    · Forecasting Retirement Needs
    · The Retirement Worksheet
    · Types of Retirement Plans
    · Leveraging Assets

    Section D: Managing Your Estate
    · Retirement Cash Flow
    · Estate Planning
    · Asset Schedules

    Section E: Putting It All Together
    · Creating a Cash Surplus