The first rule of Platinum Personal Coaching is we cannot make order out of chaos!
We complete a full “Financial Discovery” which starts with understanding goals and objectives, current resources, and timelines for achievement.
When the relevant information is gathered and processed the member will be Financially Well Organised Stein Style.
This forms the base of a Draft Financial Plan Spread Sheet discovering what % of the goal is covered by current resources, and what is the estimated cost to deliver the Financial Plan at target date.
The financial goal is usually be to become financially independent for life, it is just what is financial independence to the individual that differs from person to person, and of course the method of getting there.
We start building out from here to establish an agreed Plan of Action for the first year.
The Spread Sheets Financial Plan
- A Ratio Analysed Net Worth Statement.
- Analysis of your Personal & Family Basic Security.
- An understanding of where you are now towards achieving your agreed goals & objectives in % terms.
- A “What If” analysis of what needs to happen to guarantee success
- Confirmation of Q1 actions and Q2 Review Date
This is just a brief introduction to the initial Financial Plan process to becoming financially well organised, so we know what we are working with and if the ambition is realistic.
We then will move on to how to Build and Manage a Portfolio which is in the Guide to section of the Members Area.
The real work starts next!
Teaching you how to build a portfolio strategy without fear!