Established your financial wants versus needs
This course is intended for women who want to go back to the basics and establish a strong financial foundation before they modify their investment strategy or make new investments. This 3-month course can be taken before, concurrent with, or after the Core Curriculum.
Course Structure
Back to the Basics: Financial Planning course was designed by two experienced Certified Financial Professionals (CFP®), who saw firsthand how many women, even those with considerable wealth, who did not understand the underpinnings of financial security and true financial independence. The course is delivered through a combination of video training, group discussions, and interaction with the course creators.
Outcomes
By the end of this course, you will have:
Prerequisites & Level of Effort
There are no prerequisites for this course.
Monthly Commitment: 3-4 hours
Approximately 1.5 – 2 hours of independent study is required prior to each meeting, which are expected to last about 1.5 hours. The amount of time you spend will depend on how comprehensive you want to be with the assignments. The more effort you put in, the more you will gain.
Course Content
In the first session of this course, you will examine your current financial situation – what you earn, spend and save , as well as a tally of assets versus liabilities. Then, in the second session, you will use this information to estimate your retirement spending budget. And finally, in the third session, you will address some of the obstacles that can trip you up along the way – such as not having and maintaining an appropriate portfolio or failing to consider other personal financial risks, such as inadequate insurance or lack of estate planning.
Course Creators
Eileen Freiburger, CFP®
Emeritus Partner, Abacus Wealth Partners
As she says on her LinkedIn page, Eileen is taking a pause before starting her next chapter. And that pause is well deserved because she spent almost 40 years in the financial services arena. She’s had roles in banking, brokerage, commodities, training, compliance, and auditing. During the last 20 years, Eileen formed her own investment advisory firm and later partnered with a larger value aligned wealth management company. We are delighted that she used some of her downtime to co-create this course.
Teresa Mitchell, CFP®
Founder, Lady Money
Teresa has over 20 years’ experience in the financial industry, with 12 years as a CFP and investment compliance officer. During those years, Teresa coached more than 1,000 women who felt frustrated and ashamed that they had not managed to successfully take control of their financial situation. Through Lady Money, the coaching business Teresa recently launched, she is now dedicated to teaching women to make better, smarter and more value-aligned choices when it comes to saving, investing and spending. We are excited to have her as part of the Invest for Better community.
