Financial Competency takes the approach that we cannot manage our financial resources if we don't have resources to manage. The book deals with the issues of employment & being a "valued employee" and how to bring value to your job. The book explores the dynamics of basic wealth management, as well as the management of our tax refunds and how to use that refund in the most effective manner. Financial Competency helps the reader decide his role in the workplace: Am I an Employee or an Entrepreneur? Do I understand what my Employer is looking for in terms of his goals? In this very important "financial how to book", Mr. Reed addresses the most fundamental problem that keeps most of us from having financial success: we must be taught about our finances in a way that it resonates and stays with us so we can apply it practically. Financial Competency teaches financial concepts and much more. What the book does most is help us to get on the right path financially to Create The Life We Want To Live!!
Financial Competency ... A Roadmap to Financial Well Being
Create the Life You Want to Live!!
By Leslie D. Reed, Ronald L. RobinsonAuthorHouse
Copyright © 2015 Leslie D. Reed
All rights reserved.
ISBN: 978-1-5049-4843-2Contents
UNIT 1: TITLE: EMPLOYEE LITERACY, 1,
GOAL: "BECOMING A VALUED EMPLOYEE",
1. Employee Literacy, 2,
2. What Does Employment Mean?, 2,
3. Assessing Abilities: Education, Skills, Aptitudes (Knowing Yourself ... Making Yourself The Best You Can Be), 2,
4. Getting A Job (This Is Where The Work Begins), 3,
5. Keeping A Job & Your Work Ethic (Workplace Primer), 7,
6. Becoming A Valued Employee.... Growing As An Employee, 11,
7. Translating Employee Literacy Into Greater Productivity & Profit, 12,
8. Payoff, 14,
UNIT 2: TITLE: "DYNAMICS OF MONEY & MONEY MANAGEMENT", 15,
GOAL: TO BETTER BUDGET, MAINTAIN A GOOD BANKING RELATIONSHIP, ESTABLISH AND MAINTAIN A GOOD CREDIT RATING, PROTECT, SAVE AND MAKE OUR MONEY GROW,
9. Dynamics Of Money & Money Management, 16,
10. Budgeting, 17,
11. Banking Relationship (Establishing & Maintaining A Checking Account), 18,
12. Credit Management:, 22,
13. Saving:, 25,
14. Life Insurance Protection & Retirement Savings, 28,
15. Wealth Transfer, 32,
16. Benefits Of Wealth Transfer Planning With Life Insurance, 33,
17. Tax Refunds (Return) Using It Effectively, 34,
UNIT 3: TITLE: EMPLOYER LITERACY, 37,
GOAL: UNLOCKING THE POTENTIAL, POWER AND PRODUCTIVITY OF EMPLOYEES BY UNDERSTANDING THE CONCEPT OF EMPLOYMENT BY LOOKING AT THE NEEDS & WANTS OF AN EMPLOYER,
18. Definition of Employer Literacy, 37,
19. How Does A Business Continue To Operate?, 38,
20. What Employers Need & Want, 38,
21. Discussion: Exercise to get the needed "buy in" from the employee, 39,
UNIT 4: TITLE: ENTREPRENUER COMPETENCY, 41,
GOAL "TO BETTER UNDERSTAND THE AMERICAN SYSTEM OF FREE ENTERPRISE. TO LEARN THE STEPS NECESSARY TO: ESTABLISH AND CREATE A BUSINESS THAT CAN SURVIVE AND PROSPER IN THE MARKETPLACE IN ORDER TO ESTABLISHING FINANCIAL STABILITY". (RIM GROUP, 2013),
22. Defining entrepreneurship literacy, 41,
23. Identifying And Starting A Business Venture, 42,
24. Steps in starting a business, 43,
25. Acquirng & Organizing The Required Resources, 44,
26. Financial Resources:, 45,
27. Other Sources Of Raising Capital:, 47,
28. Risks And Rewards:, 48,
CHAPTER 1
UNIT 1: Employee Literacy
A WISE WORD....
"After all is said and done; after we talk, and commensurate about what our lives really mean and what is essential to everyday living we will always come to the undeniable reality that we deal with and exist in life in a financial way. We buy and consume. Whatever our vocation or contribution to the world we have to eat, we have to have a roof over our head, and for most of us we have to pay bills. No money, no honey. It is that simple. Having financial knowledge is necessary for day-day survival. We cannot chance life without financial knowledge. To know about our money is to know more about the life we live because our access to life as we know it is tied to finance in some way, shape, form or fashion." (Reed, 2014)
Discussion
1. What point do you think Mr. Reed is trying to make?
2. Why do you think what he said is important?
3. Does this apply to you?
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