Financial Coaching Material Outline

히히 쇠뿔도 단김에 빼랬다고 - 은퇴 후 하고싶은 걸 생각해내자마자 (https://brownenglish.tistory.com/348), 앞으로 서서히 제작할 자료의 아웃라인을 만들었다.

 

타겟: 아직 일하고 있는 젊은/중년의 가족

1. Current financial status, financial goals, and life goals

• goal statement
• balance sheet (net worth chart)

2. Basic concepts

• money concepts - time value of money, opportunity cost, sunk cost, etc.
• Tax overview - what goes into ordinary income, capital/dividend gain, standard deduction, deduction vs credits, etc.
• Annualizing interest rates/return

3. Spending

• how to track
• how to reduce (based on the tracking)

4. Saving

• where and how to invest: return & risk characteristics of different investment products - but basic ones like stock, bonds, real estate, CDs, REITs, etc.
• Return goals and risk tolerance

5. Income

• how to increase income (I wish I knew! - what to cover TBD)
• how to maximize company benefits (401(k) matching, ESPP, HSA etc.)

6. Tax Planning

• Tax efficient/deferred vehicles (401k, IRA, HSA, traditional vs Roth, backdoor roth, etc.)
• scenarios - best tax efficient strategy for different scenarios

7. Understanding debt

• the worst kinds to avoid (credit card loans, payday loans, pawnshops, etc.)
• benefits of paying off debts ASAP and when not to payoff (e.g. low interest rate mortgage)

 

이에 추가로 high school & college kids를 상대로 student loan에 대한 토픽 추가

 

 

Advising은 조금 더 long-term으로 공부하고 배우고 관련 자격증을 따야하므로 일단 back burner에 둡니다.