ICT role in 21st century education and it's challenges.
Linking Cash Flow Management and Life Planning
1. 1 Linking Cash Flow Management & Life Planning Your Most Important Client Conversation for 2009 Copyright 2009 First Step, LLC & Money Quotient, Inc.
9. We are highly influenced by others in the development of these constructs4 Jacqueline Kelm Appreciative Living Copyright 2009 First Step, LLC & Money Quotient, Inc.
10.
11. Helping your client to “see” and articulate his/her frameworks is often the first step to working through an issue
12. This kind of discovery process leads to proactive conversations5 CoachVille, LLC Copyright 2009 First Step, LLC & Money Quotient, Inc.
13. 6 Key to Effective Communication “Seek first to understand, then to be understood.” Stephen Covey 7 Habits of Highly Effective People Copyright 2009 First Step, LLC & Money Quotient, Inc.
14.
15.
16.
17. 10 Living Life on Purpose “When you have a dream and a plan working together in the construction of a life chapter, you have a ‘mission,’ a circumscribed purpose that defines your use of time and space for the duration of this particular life chapter. People with a mission know where they want to go.” Frederic M. Hudson Mastering the Art of Self-Renewal Copyright 2009 First Step, LLC & Money Quotient, Inc.
18. 11 A Guided Process Exploring Values & Motivations Creating a Framework for Decision Making Financial Planning Facilitating a Goal Setting Process Copyright 2009 First Step, LLC & Money Quotient, Inc.
26. Being able to transfer between those to areas is a powerful tool to facilitate changeCopyright 2009 First Step Cash Management, LCC & Money Quotient, Inc.
29. This is your client’s Cash Flow Income into household Credit Card Cash ATM Master Checking Account “Mad Money” Credit Card Dining Insurance Medical Home Mortgage Entertainment Car Loan Utilities Groceries Shopping 20
30. A New Way to Talk about Cash Flow Let’s shift our thinking a bit… Imagine that your client has three “buckets” of money…
34. 24 Linking the Conversations Life Conversations Financial Conversations Cash Flow Copyright 2009 First Step, LCC & Money Quotient, Inc.
35. 25 Cash Flow as a Bridge “By showing them a simple analysis of three numbers and a corresponding bar chart, for the first time in their lives, they really begin to understand their money. From the planner’s perspective, many things begin to emerge. Money scripts begin to pop out without probing. The figures themselves describe the client’s values and priorities. From something as basic as cash flow, we understand their money decisions better than we ever could have before.” Copyright 2009 First Step Cash Management, LLC & Money Quotient, Inc.
36. 26 Cash Flow as a Bridge “By showing them a simple analysis of three numbers and a corresponding bar chart” Copyright 2009 First Step Cash Management, LLC & Money Quotient, Inc.
72. Just about every goal has been addressed 1 ½ yrs laterCopyright 2009 First Step Cash Management, LLC & Money Quotient, Inc.
73.
74. We used used cash flow as a tool to figure out what was real, and to understand how they make decisions
75. We used more traditional planning tools, such as Finametrica and Financeware, to create advice that was likely to help them reach their goalCopyright 2009 First Step Cash Management, LLC & Money Quotient, Inc.
83. 36 Linking the Conversations The continual cycle of discovery, goal setting, implementation, and review. Life Conversations Financial Conversations Cash Flow Copyright 2009 First Step, LCC & Money Quotient, Inc.