The Money Map Coaching Program consists of six – 60 minute financial coaching sessions, covering several financial planning topics in each session. To get the best results, please set aside some time to take the quiz, familiarize yourself with the learning guide and worksheets and review the calculators and resource section.
Plan on spending 2-3 hours on your “homework” between sessions. Take note of any questions you have along the way so you can make the most out of your coaching sessions.
How to Connect
Coaching sessions will be facilitated through an online meeting tool called Zoom which allows us to connect via audio and video and for Karin to share her screen with you.
To learn more about how to join a Zoom meeting please see these instructions:
https://support.zoom.us/hc/en-us/articles/201362193-How-Do-I-Join-A-Meeting-
Program Sessions and Learning Materials
Session 1: Balancing Today’s and Tomorrow’s Goals
Before your first meeting with your money coach, you can get started by doing the following:
1. Take the 7 Stages to Financial Well-Being Quiz
Want to see where you are and where you’re going? Complete this quiz and begin your journey to financial fulfillment.
7 Stages of Financial Well Being
2. Download Your Money Map Learning Guide
The backbone of this coaching program is the 150-page learning guide. Click on the link below to download your PDF copy.
Your Money Map: How to Plan and Organize your Money to Create your Ideal Life
Or if you’d prefer a hard copy of the learning guide, click here to purchase through Amazon.
In preparation for each coaching session please read relevant pages from Your Money Map Learning Guide and follow the instructions for completing the worksheets.
3. Download your Money Map Worksheets
Make a plan and stick to it. These worksheets will help you to take stock of your current situation and provide the motivation to achieve your dreams!
To ensure you are on the right track, download and save any or all of these worksheets. Make time to revisit and update them as you progress on your financial journey. You’ll love to see how far you’ve come!
4. Read pages 1-36 of Your Money Map Learning Guide
5. Complete the following worksheets:
Your Dreams
Your Life and Financial Goals
Your Top Three Goals
Session 2 & 3: Managing your Cash Flow
1. Read pages 37-71 of Your Money Map Learning Guide
2. Complete the following worksheets:
Your Net Worth
Your Cash Flow
Your Spending and Saving Plan
Annual Lump Sum Expenses
3. Check out this Calculator:
4. Resources to refer to:
Session 4 & 5: Savings and Investing with Confidence
1. Read pages 72-106 of Your Money Map Learning Guide
2. Complete the following worksheets:
Your Current Registered Investments
Your Current Non-registered Investments
Which Investments are Right for Me?
Risk Tolerance Questionnaire and Asset Mix
3. Resources to refer to:
How to Choose a Financial Advisor
Your Investment Checkup
Is DIY Investing for You?
More Investing and DIY Resources
Current Tax Info
Session 6: Planning for your Future Self
1. Read pages 107-150 of Your Money Map Learning Guide
2. Complete the following worksheets:
Your Retirement Vision
Retirement Lifestyle Expenses
Your Insurance Inventory
Clarify and Communicate Your Wishes
Your Money Map Checklist
Action Plan
My Annual Review Checklist
3. Check out these Calculators:
Financial Freedom Calculator
Service Canada Retirement Calculator
InsureRight Insurance Calculator from Manulife
4. Resources to refer to:
CPP & OAS Info
RSP/TFSA Contribution Limits
General Resources
Now that you have your finances on track, keep up to date with these important resources.