15 modules for Foundation of Personal Financial Planning

Module 1: Laying the Groundwork: Essentials of Financial Planning

  • Importance of financial planning.

  • Basics of cash flow statements and net worth.

  • Key financial ratios: Savings ratio, debt-to-income ratio, and liquidity ratio.

Module 2: Insurance Demystified: Protect What Matters

  • Importance of insurance in financial planning.

  • Types of insurance.

  • Assessing basic protection needs.

Module 3: Understanding CPF: Your Partner in Financial Security

  • Overview of CPF accounts: OA, SA, and MA.

  • Understanding CPF contributions and withdrawals.

  • CPF LIFE: How it works and its benefits

Module 4: Unlocking SRS: Maximize Your Tax Savings

  • Introduction to the Supplementary Retirement Scheme (SRS).

  • Tax advantages of SRS.

  • Strategies for using SRS effectively

Module 5: Navigating Financial Markets and Human Psychology

  • What are financial markets? Key players and structures.

  • Market cycles and economic indicators.

  • Basics of risk and return.

  • Introduction to Behavioural Finance: Common biases and overcoming them.

Module 6: Financial Metrics and Market Trends: A Beginnerā€™s Guide

  • Basics of Fundamental Analysis (FA): Evaluating companies using financial metrics.

  • Basics of Technical Analysis (TA): Identifying patterns and trends.

  • Practical application of FA and TA in beginner investing.

Module 7: Building Stability: Introduction to Fixed Income Investments

  • Basics of fixed-income securities

  • Understanding bond ratings and yields.

  • Risks of fixed-income investments.

Module 8: Equity Basics: Grow Your Wealth with Stocks

  • What are stocks? Basics of ownership and dividends.

  • Differentiate growth vs value stock.

  • Introduction to stock selection.

Module 9: REITs for Beginners: Investing in Real Estate Made Simple

  • What are REITs? Advantages and risks.

  • Types of REITs: Retail, industrial, healthcare, etc.

  • Evaluating REITs for income and growth potential.

Module 10: ETFs Unveiled: The Flexible Investment Option

  • What are ETFs? Advantages and risks.

  • Active vs. passive investment strategies.

  • Sectoral and thematic ETFs.

Module 11: Unit Trusts Simplified: Your Gateway to Diversified Investing

  • What are unit trusts? Advantages and disadvantages.

  • Differences between unit trusts and ETFs.

  • Choosing a suitable unit trust.

Module 12: Retirement Tools: Annuities and Endowment Plans Explained

  • Difference between annuities and retirement income.

  • Types of Endowment plans.

  • Evaluating insurance products for long-term planning.

Module 13: Building Blocks: Create a Beginnerā€™s Investment Portfolio

  • Diversification and asset allocation.

  • Risk tolerance and investment goals.

  • Building a beginnerā€™s portfolio.

Module 14: Your Roadmap to Retirement Success

  • Importance of starting early for retirement.

  • Retirement planning basics: Estimating needs and identifying income sources.

  • Role of CPF and annuities in retirement.

Module 15: Bringing It All Together: Crafting Your Financial Future

  • Recap of key learnings.

  • Integrating all concepts into a cohesive financial plan.

  • Setting up for continued financial growth.