A five hour interactive financial education session. Can be held in one session, or individual modules, as preferred. Worksheets and other useful tools included.

Module #1: Smart about Money

  • Role of money
  • Road of life (marriage, divorce, educating children, etc)
  • Your money personality
  • Balancing today and tomorrow
  • Understanding needs vs wants
  • The spending frenzy – who and what is competing for our money

Module #2: Creating your designer life

  • How money fits in to the four pillars of life
  • Budgeting
  • Setting goals
  • Spending wisely
  • Eliminating money wasters
  • Paying yourself first
  • Drawing up a plan
  • Protecting your wealth

Module #3: Dealing with Debt

  • We are not alone in the debt pool
  • Consumer protection
  • Different types of credit and the cost of debt
  • The cost of debt
  • Good debt and bad debt
  • Signs of debt distress
  • Eliminating debt
  • Debt consolidation and debt counseling
  • What to do when you have to borrow money

Module #4: Retirement planning

  • Why retirement is a problem in South Africa?
  • The mistakes people make
  • How much do we need?
  • When should we start?
  • What is the best way to ensure we have enough?
  • What government initiatives are in place to help us in our planning

Module #5: The road to rich

  • Understanding the terminology of investments
  • Principles of investing
  • Ponzi schemes
  • Cost of delay
  • Setting goals
  • Different types of investments and how to access them (equities, property, bonds, money market, alternative investments)
  • The relative returns of various investments
  • Self investor or get advice?