Your Financial Wellness Plan

 

The Full Curriculum Outline

W$L is a mission-oriented organization dedicated to supporting women in financial courage, which leads to financial wellness.

W$L’S PSYCHOLOGY OF MONEY TOOL KIT: 

  • Explore your family money history & it’s impact

  • Identify personal values and their connection to financial decisions

  • Identify your financial triggers

  • Understanding & reframing your money language

  • Introduce specific issues for women around money

      

ADDRESSING UNIQUE FINANCIAL CHALLENGES FOR WOMEN: 

  • Live longer

  • Take more time out of workforce

  • Earn less

  • May invest more conservatively

  • Assist others financially

  • May pay higher interest rates on mortgages and credit cards

OVERVIEW OF FINANCIAL TERMS & CONCEPTS: 

  • Compounding 

  • Investing 

  • Budgeting

  • Debt  

  • Defined pension plan vs. defined contribution plan (401K)

  • IRA’s & SEP IRA’S 

 

Create Financial Wellness Plan - Set Intentions & Goals:

  • Thoughtful setting of individuals goals (short & long term)

  • Spending, savings & investment plans

  • Debt reduction 

  • Plan for major purchases (home, tuition, child)

NEGOTIATION SKILLS | GETTING PAID YOUR FINANCIAL WORTH:

  • Understanding your financial value 

  • Negotiation strategies  

  • Negotiation practice exercises

INVESTMENT OPTIONS:

  • Investment portfolio basics

  • Risk tolerance & understanding the trade-offs

  • Difference between managed funds & market tracking funds

  • Impact investing | Supporting causes that matter to you

RESOURCES TO HELP YOU EXECUTE YOUR PLAN

  • Investment advisors 

  • Questions to ask financial advisors

  • Money coach 

  • Individuals within our support system

CREATING SUPPORT SYSTEMS TO KEEP YOU ON TRACK

  • W$L Courage Camps

  • Based upon understanding how we get derailed/money triggers

  • Identifying what works for you