Private sector Programmes - Malaysia: Abacus Personal Financial Coaching and Consultation for Individuals, Abacus For Money

Programme:

ABACUS PERSONAL FINANCIAL COACHING AND CONSULTATION FOR INDIVIDUALS

 Malaysia

Date of creation: 2005

Sector, Sponsor,  Responsible body(ies):

Private sector: The Abacus For Money team of Kuala Lumpur, Malaysia, is made up of financial professionals.

Audience/Coverage:

For the general public, women, vulnerable & undeserved, SMEs and Entrepreneurs as well as individuals who wants to:
- solve financial issues, conflicts and financial troubles
- empower self to be financially successful.

Tools & Programmes:
Workplace

In the course of the personal financial coaching and consultation session, the program is as follows:

• 1st Meeting
1. Identify your financial behaviour
2. Assess your emotions towards money
3. Understand your money management process
4. Assess your asset management skills
5. Assess your financial skills and outlook
6. Assess your spending habits
7. Assess your debts management skills
8. Develop your financial philosophy
9. Review your financial coaching session

• 2nd Meeting
1. Review your financial coaching session
2. Assess your cash flow and net worth position with financial indicators
3. Develop a SWOT analysis of your present financial status
4. Create your financial action plan
5. Create your practical financial disciplines
6. Create your monthly spending plan

• 3rd Meeting
1. Review your financial coaching session
2. Assess and create your personal risk management action plan
3. Assess your debt portfolio and create your debt management action plan
4. Assess your asset distribution mechanism and create your assets distribution action plan

• 4th Meeting
1. Review your financial coaching session
2. Apply time value of money and rule 72 to your money management
3. Calculate your personal retirement fund and review your retirement fund status
4. Analyse your investment portfolio and create your investment portfolio.

See: http://www.abacusformoney.com/coaching.htm

Description (Aim & Needs):

This private, one-on-one, financial planning and coaching consultations for individuals who need assistance in preparing their financial plan.

Whether a student, young adult starting out a career, matured adult as employee or business owner, married couple or retiree, we can assist you at any stage of your life!.

In the course of the personal financial coaching and consultation program, Abacus can:

1. Profile your financial personality and behaviour
2. Assess your financial strengths, weaknesses, opportunities and threats
3. Examine your emotions towards money
4. Assist you in developing your financial philosophy
5. Help you understand your money management process
6. Establish your cash flow management skills
7. Analyse your financial skills, outlook and spending habits
8. Evaluate your financial risks and create your personal risk management plan
9. Assess your debts and create your debt management action plan
10. Teach you the steps to calculate your retirement fund
11. Appraise your asset distribution strategy and create your assets distribution plan
12. Create your investment portfolio and adjust as needed

If you have a specific issue or problem that needs resolving or if you would like to follow-up on a previous coaching session, Abacus For Money's financial coaches provide individual coaching session in which they will:

• Diagnose and analyse your current financial status or issue
• Identify actions to solve your problem
• Write-up action plan
• Schedule follow-up meeting

Assessment of Financial Literacy/Capability:

n.c.

Evaluation of the Programme:

n.c.

Resources/Available Material:

‘Smart Money-User’ book and ‘Money Rules’ book.

Weblink:

www.abacusformoney.com

Contact:

Carol Yip
Founder & CEO
Abacus Advisory Sdn Bhd
Suite 305, Block E, Phileo Damansara 1
9 Jalan 16/11 (off Jalan Damansara)
46350 Petaling Jaya, Selangor
Malaysia
Mobile phone Malaysia: 012 208 5090
Phone international: +60 1 2208 5090
Email: info@abacusformoney.com
Skype: carolyipkairong