Mr. Fundy’s Financial Playbook for Parents

Mr. Fundy’s Financial Playbook for Parents

Just as a team’s success is predicated on creating and implementing a comprehensive game plan, so too is the case when it comes to personal or familial financial planning. Here is an overview of some of the topics covered here . . . 
  • understanding and recognizing (or avoiding) the root causes of financial mismanagement
  • developing a sustainable value and belief system to eliminate or avoid personal and financial entanglements
  • making sound financial decisions with limited or above-average resources
  • learning and implementing key financial management ratios and benchmarks as it relates to savings and debt reduction strategies
  • understanding how to build sustainable wealth through multiple income streams (entrepreneurship and investing)
  • planning for future obligations (paying for child’s college education and retirement)
  • enhancing their knowledge base in the key areas of asset protection (life insurance, auto insurance, health insurance, homeowner’s/renter’s insurance, etc.)
  • organizing do’s and don’ts for income tax purposes
  • understanding Estate Planning 101 (wills, powers of attorney, and guardianship documents)
  • analyzing hypothetical case studies to master key life and financial principles