Financial House
What is the foundation of the Financial House?
Debt Solution, Retirement or Income Protection (term Life)
What is... Income Protection (term life insurance)
The first basic account that is needed is?
What is ...
EMERGENCY FUND
Who should you pay first?
What is...?
Yourself
What is the first challenge that shows us that we do not understand traditional banking and investments which causes a _______________ gap?
What is...
MANAGEMENT GAP
Who should I get help from when it comes to my finances?
Pastor, Teacher or Financial Coach
What is...
Financial Coach
What's the 3 step level in your financial house?
What is...
Budget Emergency Fund Will
The second basic account that is needed?
What is...
Short- Term Savings Account
Who are people hurting when they do not pay themselves first?
What is...
Yourself / Themselves YOU
Which challenge shows us that there are NOT enough people like Coach Kim in our community to help us understand banking, savings, insurance and investments?
Wha is...
FINANCIAL ADVISOR GAP
When I am budgeting should I only focus on:
(a) monthly expenses
(b) 3 basic accounts
(c) All the above
What is...
( C ) All the above
In your financial house, you should be saving for your future and your children's future. What two programs are these?
Whagt is...
Retirement and College Fund
What is the third basic account that is needed?
What is ...
Long- Term Savings- Investment Account
People don't plan to fail, they...
What is...
Fail to Plan
What challenge shines light on the gap that we have had in our community with NOT having the knowledge or opportunity of financial freedom passed down?
What is...
GENERATIONAL WEALTH GAP
Which type of life insurance program charges me 6% to 10% interest on my savings, makes me pay my own money back, makes me barrow my own money, only will allow my savings to be a living benefit, will keep any cash value amount left in the savings upon my death and will subtract any money that is NOT paid back off my Death Benefit?
What is...
Cash Value / Whole Life Insurance
#trashvalue
The roof of your financial house is?
What is ...
Other Goals and Dreams
The account that has 1 to 5 of accumulated funds in it is?
What is...?
Short Term Savings Account
What is the rule that doubles our money and debt?
What is...
The rule of 72
What Gap shows us that there are NOT enough Entrepreneur's in our community. We traditionally work for others.
What is...
BUSINESS OWNERSHIP GAP
Which insurance plan is PURE coverage and gives 3 OPTIONS:
1. to keep it
2. reduce it
3. cancel it based on my financial situation
What is...
TERM LIFE INSURANCE
#buytermandinvest
On a scale of 1 to 10, 10 being the highest, how would you rate your desire to be financially Independent?
What is...
TEN (10)
The account that we accumulate 3 to 6 months of savings?
What is...
Emergency Account
Which Insurance program is the pure insurance?
What is...?
Buy Terma and Invest the difference
Which GAP shows the lack of reaching back into our community and sharing the information or knowledge that we have learned?
What is...
MENTORSHIP/LEADERSHIP GAP
What does Coach Kim want us to understand about leaving a healthy financial legacy:
We all know our Birth dates but not our ______ date
What is...
DEATH