badm 320 week 1 ppt
TRANSCRIPT
![Page 1: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/1.jpg)
KATHERINE SPRADLEY
WELCOME TO FINANCIAL PLANNING
![Page 2: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/2.jpg)
ABOUT ME
• Mom of two
• Wife to one
• Five years with CU
• Teach most undergraduate BADM courses
• CTW
![Page 3: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/3.jpg)
CLASSROOM COURTESY
• Attend class and be on time• Participate• Laptops permitted for note taking• Tablets permitted for note taking• Turn off phones• No voice recorders without permission• Respect is a two way street• Don’t be afraid to ask questions• No open top drinks (cans, cups w/o lids, etc.)
![Page 4: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/4.jpg)
CLASS STRUCTURE
• Check Announcements daily• Check your CU email daily• Tuesdays 5:15-7:30• Attendance/Recap• Lecture• Case Studies with REAL people-don’t screw up!
• Tuesday-Sunday online• DB/Quiz/Paper/Case Study/etc.
• Deadline Sunday 11:59pm EST
![Page 5: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/5.jpg)
GRADES
• Case Study Wiki(s) (g) 10%• Homework/DB 15%• Capstone Case Study 45%• Midterm 15%• Final 15%
![Page 6: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/6.jpg)
ATTENDANCE
You can only miss one day of class without affecting your final grade or ability to remain in the class.
![Page 7: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/7.jpg)
WHO ARE YOU
• Where you sit today is now your seat for the semester
• Who are you? Where are you from? Where do you work? Tell me about yourself.
![Page 8: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/8.jpg)
SIX STEPS TO FINANCIAL PLANNING
1. Establish the scope of the relationship2. Gather information3. Process Information4. Review possibilities with client5. Implement6. Monitor
![Page 9: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/9.jpg)
ITEMS A GOOD FINANCIAL PLAN SHOULD INCLUDE:
1. FP2. A list3. Cleanliness4. Reflection5. Armor6. Polish7. Full Tree8. Pay cut for Uncle Sam9. Permanent Vacation10.The End
![Page 10: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/10.jpg)
FINANCIAL PLANNER
• DIY• Hire a Fee Based Planner• Hire a Commission Based Planner• What is the difference?
![Page 11: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/11.jpg)
MAKE A LIST
• What are you or the client’s goals?• How do you break the goals down?• Short term• Intermediate term• Long term• Retirement• College
• Why are Retirement and College not in Long Term?• Why is College last?
![Page 12: BADM 320 Week 1 PPT](https://reader030.vdocuments.net/reader030/viewer/2022032502/55b87a5abb61eb15248b4676/html5/thumbnails/12.jpg)
CLEANLINESS IS NEXT TO GODLINESS
• Why is organization of the client’s material important?• Where do they keep their files?• How are they organized?• What systems are out there?• Locator Sheet