checklists

checklists

Mini-Course Checklists

Lesson 1: Beyond the Bank Balance: Redefining Wealth & Independence

Understand the difference between being ‘rich’ and being ‘wealthy’.
Recognise that true wealth buys independence and autonomy, not just possessions.
Reflect on your personal definition of wealth and what true independence means to you.
Visualise your ‘Freedom Daydream’ to connect with your deepest desires for control over your time and choices.
Identify one area where you can start prioritising saving for independence over immediate consumption.

Lesson 2: The Tortoise & The Hare: The Unsexy Power of Endurance & Compounding

Grasp the concept of compounding returns and its exponential power over time.
Understand how Dollar-Cost Averaging (DCA) works and its benefits for consistent investing.
Learn what an Index Fund is and why it’s a simple, effective long-term investment vehicle.
Commit to consistent, long-term investing, even with small amounts.
Explore a compounding calculator to visualise the growth of your consistent investments.

Lesson 3: The Happiness Equation: Lowering Expectations & Ditching the ‘Keeping Up’

Understand how rising expectations can lead to unhappiness, regardless of income.
Recognise the ‘comparison game’ and its negative impact on joy.
Identify instances where you’ve bought things to impress others rather than for genuine enjoyment.
Practice consciously lowering expectations in one area of your life.
Begin cultivating gratitude for what you have to foster contentment.

Lesson 4: Expect the Unexpected: Building Your Financial Fort Knox

Acknowledge that major risks are often unforeseen and unpredictable.
Understand the importance of preparedness over prediction in financial planning.
Aim to build a cash buffer that feels like ‘too much’ (e.g., 6-12 months of expenses).
Identify areas in your budget to redirect funds towards building your emergency fund.
Conduct a personal ‘financial stress test’ to assess your current resilience.

Lesson 5: The Growth Mindset: Embracing Discomfort & Learning from Failure

Recognise that discomfort, stress, and failure can be catalysts for growth.
Reframe setbacks as learning opportunities rather than endpoints.
Reflect on past difficult experiences and identify positive outcomes that emerged.
Identify one area where you’ve been avoiding necessary discomfort and commit to a small step.
Consider the ‘weird’ career path advantage for learning and growth.

Lesson 6: The Long Game: Humility, Time Horizons & Keeping on Running

Understand the ‘gravity of success’ and the risk of complacency.
Commit to continuous learning and adaptation, even after achieving success.
Cultivate humility by seeking honest feedback and challenging your own assumptions.
Define your personal ‘rich life’ beyond just financial metrics.
Regularly reassess your time horizons and align financial decisions with evolving life stages.

Final Lesson: Your Personal Blueprint: Integrating Wealth, Happiness & Growth

Create your personal definition of wealth and success.
Outline your investment and savings strategy, including emergency fund targets.
Develop a plan for managing expectations and fostering happiness.
Identify strategies for embracing growth through discomfort and challenges.
Articulate your long-term vision and plan for adapting to change.
Set immediate actions and short-term goals for implementing your blueprint.
Establish a schedule for regularly reviewing and adjusting your personal blueprint.