FINANCIAL EDUCATION

By
Udedike Charles
ITS A
WONDER+FUL
DAY
A goal without a plan is just
a wish Larry Elder
 If you set the sail
God will send the wind
SLAVERY
If it is to be,
it is up to me
FAITHFULNESS &
STEWARDSHIP

MAT 25:14-30
Provb. 6:6-11
Wealth Consists of:
- PSYCHOLOGY 80%
- MECHANICS 20%
 PSYCHOLOGY 80%:
Answers the WHO & the
BECOMING question...

- Limiting Beliefs About

Money
 PSYCHOLOGY 80%:
Answers the WHO & the
BECOMING question...

- Empowering Beliefs About

Money
 MECHANICS 20%:

Answers the WHAT,

HOW, & the WHERE
question...
 Financial Freedom

When Passive
Income exceeds
living expenses
 WORLD POPULATION: 90% 10%

EMPLOYEE BUSINESS OWNER

Have a job You OWN a system which helps you
LEVERAGE your growth

NO WORK ACTIVE
E B PASSIVE
A business that
works even when
NO PAY
INCOME INCOME you are not there

S I
SELF-EMPLOYED INVESTOR
You OWN a job Money works for you

WORLD WEALTH: 10% 90%

Where would you rather be?
 Financial Freedom

Do You Have
A Plan For Financial
Freedom?
 Our plans
miscarry
because they
have no aim.
When a man
does not know
what harbor
he is making
for, no wind is
the right wind
-
Seneca
 Financial Freedom

When Passive
Income exceeds
living expenses
 Financial Freedom

When Passive Income exceeds living expenses

Passive Income can be made from 5 business or
investment vehicles. I recommend you play in all.
Expenses can be be reduced or clearly budgeted,
you can still choose your desired lifestyle.
Details of the 3Ms of Money
1. MAKE
2. MULTIPLY
3. MANAGE
 Real Estate : High Capital, Chance
Paper Investments and FD: High Capital, Chance
Automated Business: High Capital, High Business Skill
Intellectual Property: High Fame, Time and Chance
Network Marketing: Low Entry 90% can afford
The Poor
The Rich
 PROTECT YOUR MONEY FROM:
1. Yourself
2. Family & Friends
3.Bad Business & Fraudsters
4. Ponzi Schemes
 Basic F.I Audit
1. What is your current financial net
worth?
2. How many income streams do you
currently have? How many sources of
income do you have? What is your
total monthly income?
3. What is your monthly Cashflow?
 Basic F.I Audit
4. How many of your income streams are
active and how many are passive? Do
you enjoy any passive income currently?
5. How many years from now do you desire
to be financially free? Dont be in a hurry
to fix a small number, think deeply about
this and set a target that is reasonable but
stretches you a bit.
IN CONCLUSION
 POOR
P PASSING

O OVER

O OPPORTUNITIES

R REPEATEDLY
 INSANITY
IF YOU KEEP DOING WHAT
YOU HAVE ALWAYS DONE

YOU WILL KEEP GETTING

THE SAME RESULTS.

WHERE WOULD YOU BE 10-20 YEARS

FROM NOW IF YOU STICK TO WHAT
YOU ARE CURRENTLY DOING?
THE CHOICE IS

YOURS