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  • My Personal Financial Plan and Strategy

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    John Oswald Junio
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    This document outlines a 5-step personal financial plan and strategy for the start-up phase. The first step is to manage and increase cash flow by applying the Prosperity Formula and developing an abundance mentality. The second step is to start small-scale investing in protection, investment, and long-term health care plans by setting investment amounts, duration, and goals. The third step is to increase protection if needed and build an emergency fund while developing risk management skills. The fourth step is to start building assets through mutual funds to meet other goals. The fifth and final step is to proceed to the accumulating and fine-tuning phase of the financial plan.

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    This document outlines a 5-step personal financial plan and strategy for the start-up phase. The first step is to manage and increase cash flow by applying the Prosperity Formula and developing an abundance mentality. The second step is to start small-scale investing in protection, investment, and long-term health care plans by setting investment amounts, duration, and goals. The third step is to increase protection if needed and build an emergency fund while developing risk management skills. The fourth step is to start building assets through mutual funds to meet other goals. The fifth and final step is to proceed to the accumulating and fine-tuning phase of the financial plan.

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    © All Rights Reserved
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    5 views1 page

    My Personal Financial Plan and Strategy

    Uploaded by

    John Oswald Junio
    This document outlines a 5-step personal financial plan and strategy for the start-up phase. The first step is to manage and increase cash flow by applying the Prosperity Formula and developing an abundance mentality. The second step is to start small-scale investing in protection, investment, and long-term health care plans by setting investment amounts, duration, and goals. The third step is to increase protection if needed and build an emergency fund while developing risk management skills. The fourth step is to start building assets through mutual funds to meet other goals. The fifth and final step is to proceed to the accumulating and fine-tuning phase of the financial plan.

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    © All Rights Reserved
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    My Personal Financial Plan and Strategy – Start Up Phase

    Name: Today’s Date: Done with:

    ____________________________ _______________________ __________________________

    1. Manage and increase cash flow. Apply Prosperity Formula. Develop gratitude and abundance mentality

    Cash Flow Ideal % Amount Now% Now Amount Loans Deductions/Month


    Income 100% SSS
    Tithes 10% Pag ibig
    Savings 20% Car loan
    Expenses 70%

    2. Start investing in small scale first. Protection ,Investment, Long Term Health Care (LTHC) in one plan.

    Investment Amount: __________________________Frequency of Investment:________________

    Number of Years to Invest:_____________________Total Investment Amount:________________

    Responsibility Line Money Line GOAL AMOUNT

    _______________

    Benefits during
    Accumulation period
    (APE, Family Assistance, etc)

    DIE TOO SOON LIVE TOO LONG

    Insurance Coverage
    (for 20 years)________

    Lump Sum Amount


    at Maturity. Assumption 10% growth/annum
    _________________

    0 7years 20
    Age ______ Age_____ Age______

    3. Increase protection if not enough. Build emergency fund. Develop Risk Mangement Skills.

    Additional Insurance Coverage_________ Annual Premium____________ Target Emergency Fund _______________

    4. Start building assets thru Mutual Funds to meet other financial goals. Develop investing habit.
    Financial Goal ______________ Target Initial Investment_____________ Name of MF______________
    5. Proceed to accumulating fine tuning phase of your personal financial plan and strategy.

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