Designyourwaytofinancialfreedom Manual Eng

PARTICIPANT’S MANUAL

Design your Way to Financial Freedom

Course designed by:

Ekaterina Zenina, IG (JCI RUSSIA) Moscow, 109388, Kuchmisterova 14-71 [email protected]

Credits: Name of the publication used Robert T. Kiyosaki “Rich Dad, Poor Dad”

Name of the publication used Robert T. Kiyosaki Rich Dad, Poor Dad 2: Cash Flow Quadrant Rich Dad's Guide to Financial Freedom (Rich Dad)

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Expectations: 1. What would you like to improve in your financial sphere?

2. How this training can help you to do that?

3. What will be the best result for you when you walk out that door?

What financial freedom is for you? Please write down a statement, which will describe how you define financial freedom for yourself:

You have written down your definition of financial freedom. Now please write down 3 year term goal that will lead you to your vision of financial freedom:

What are your beliefs regarding money? 1. 2. 3. 4. 5.

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Cash Flow Quadrant 1. 2. 3. 4.

Theory: Employee: Person works in a company, normally fully day. Salary normally doesn’t vary on the results or workout (Engineers, Secretary, Analyst etc) Freelancer: Independent person, who works for himself (Financial adviser, trainer, coach, doctor etc) Businessman: Has a company, with infrastructure and people employed/ Involved in daily operations of his business. Investor: Invests in different businesses, doesn’t have to be involved into operational processes of the companies he invested in.

4 Quadrants I want to buy…and need to save for that… I’m looking for a stable work with good salary

«I’m looking for a new CEO for my company».

Businessman Employee Investor Self employed •«My normal fee is 100 per hour». «I worked more than 20 hours on that project».

«annual IRR on my investments normally exceeds 45%».

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Assets and Passives

Assets: creates positive cash flow for you: bonds, shares, house that you give for rent etc…. Passives: doesn’t bring extra money, probably takes away your money: house that you rent yourself, car (if you are not a taxi driver), clothes etc…

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Assets 1. 2. 3.

Passives 1. 2. 3.

Planning 5. Where do I want to be in 1 year? 6. What recourses I have? What I have now? What can I get from people around? (friends, family, colleagues) 7. What can stop/help me? Stop –What can be the obstacles? What can I do to overcome them? Help – What else do I need to reach your goal faster and easier? 8. What will change when I’ll be there? How will my emotions/ feelings change? What people will be around me? How will things that I do everyday change?

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