Session Two: Your Compass
In Session Two you'll use the information you've gathered through your homework to refine and expand your financial formula. Likewise, you'll learn how to calculate ratios for the purposes of contextualizing spending and determining how debt may–or does–impact your financial choices.
Later, you'll examine and evaluate the money marketplace via the four points of your financial assessment compass. In conjunction, you'll learn and practice the math skills that every confident financial negotiator must command.
In class activities:
- Calculate ratios as a demand on (or obligation of) your true income
- Examine techniques for controlling and/or reducing expenses
- Evaluate methods and strategies for short, medium and long-term savings
- Analyze the full costs of purchasing money (erroneously known as, borrowing)
Between Session Two & Three:
Your homework will be all about analyzing your money management system to make informed choices that improve your financial baseline.