fbpx

Wealth Strategy: Build a Personal Wealth Binder

This site is supported with commissions from affiliate links. I promote products I use and trust. I may get a commission if you make a purchase through my links, at no cost to you. Please read my disclosure for more info.

[et_pb_section fb_built=”1″ _builder_version=”4.3.4″ custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||true|false”][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.4.1″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]

What is a personal wealth binder?

A personal wealth binder is a planning tool that you can use to build your personal wealth creation strategy and plan.  Use the free worksheets from our site, along with your budget, pro-formas, key performance indicators, and other documents you will create while building your personal wealth business plan.

You can learn more about building a personal wealth business plan in an upcoming e-course – learn more here.  The personal wealth binder keeps you organized and on task, with all of your tools organized and ready to be used.  Along with the worksheets, a daily task planner is also an important addition to your binder.

How to create your own personal wealth binder

A personal wealth binder can be started with just a simple 3-ring binder you can buy at any office supply or big box store, in addition to a few other tools. Here is our recommended supply list:

Wealth Strategy: Build a Personal Wealth Binder
[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.3.4″ custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false”][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder

Professional Leather 3 Ring Binder

[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder

Portable 3 Hole Punch

[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]

Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder
2020 Monthly Planner

[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]

Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder
2020 Weekly Planner

[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row column_structure=”1_4,1_4,1_4,1_4″ _builder_version=”4.3.4″][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder

Binder Inserts with Pockets

[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]

Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder
Binder Dividers with Table of Contents

[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]

Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder
Epson Color Printer

[/et_pb_text][/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.3.4″]

Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder
Printer paper

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.3.4″ custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.3.4″][et_pb_column type=”1_2″ _builder_version=”4.3.4″][et_pb_cta title=”Learn More About How to Use Your Binder ” button_url=”https://beyondpennies.com/fi-strategy-countdown” button_text=”Learn More” _builder_version=”4.4.1″ background_color=”#2c786c” background_enable_image=”off” custom_button=”on” button_text_color=”#000000″ button_bg_color=”#f8b400″ button_border_color=”#f8b400″ button_letter_spacing=”1px” button_font=”Alegreya Sans SC|700|||||||” button_icon=”%%32%%” button_icon_color=”#f8b400″ button_icon_placement=”left” button_alignment=”center” custom_margin=”|5px||5px|false|true” custom_padding=”30px|10px|30px|10px|true|true” link_option_url=”https://beyondpennies.com/fi-strategy-countdown/” border_radii=”on|10px|10px|10px|10px”]In our #FI strategy e-course, we will walk through all the steps of creating the binder, including each individual component that you need to complete your strategy map and business plan. Financial planning and analysis, pro formas, budgets, key performance indicators, and more will be taught in the course.
[/et_pb_cta][/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.3.4″][et_pb_image src=”https://beyondpennies.com/wp-content/uploads/2020/03/FI-Binder-ToC.jpg” _builder_version=”4.3.4″][/et_pb_image][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.3.4″ custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||true|false”][et_pb_row _builder_version=”4.3.4″ custom_margin=”5px||5px||true|false” custom_padding=”5px||5px||true|false”][et_pb_column type=”4_4″ _builder_version=”4.3.4″][et_pb_text _builder_version=”4.4.1″]

Table of Contents

Using the table of contents to build out the sections of your binder, these fifteen categories will make your binder a complete tool:

  1. Personal Mission Statement Worksheet
  2. Personal Wealth Strategy Map
  3. Income Stream Tactics
  4. Income Stream Tasks
  5. Personal Wealth Strategy Outline
  6. 2020 Monthly Planning Calendar
  7. Budgets – Monthly, Yearly, 5 Year, 10 Year
  8. Income Projection Pro-Formas
  9. Savings & Investment Strategies & Notes
  10. Financial Results, Income Statements, Cash Flows, Net Worth
  11. After #FI – New Lifestyle Planning
  12. Open – Customize for You
  13. Ongoing List of Things to Learn & Skills to Acquire
  14. Appendix i – Business Info, Accounts, Passwords, etc.
  15. Appendix ii – Legal Documents, Wills, Powers of Attorney, etc.

Be sure to nclude a task planner in your binder to keep you on top of deadlines, as well as a calendar. The personal wealth binder can also act as a repository for important documents related to your assets using binder inserts with pockets.

The Case for a Physical Binder

Electronic documents are great, and I recommend keeping all documents on file in electronic format.  Here are some reasons to also keep a physical binder:

  • Having a physical binder gives you a visual tool that you don’t have to be sitting at a computer to look at.
  • Aside from the nostalgia factor, writing by hand forces you to slow down and approach your planning with more mindfulness.
  • Research has proven that writing things down by hand makes them easier to retain.
  • The physical binder gives you a business plan you can share, be proud of, and creates a sense of assurance that you are on the right track.
  • Instead of having 20 different documents, this binder gives you one book with everything in it.  And its almost as portable as a phone.

 

Do you have a business planning tool you prefer to use? Share in the comments below.

[/et_pb_text][et_pb_code _builder_version=”4.4.1″]Wealth Strategy: Build a Personal Wealth BinderWealth Strategy: Build a Personal Wealth Binder[/et_pb_code][/et_pb_column][/et_pb_row][/et_pb_section]

Wealth Strategy: Build a Personal Wealth Binder

20 thoughts on “Wealth Strategy: Build a Personal Wealth Binder”

  1. this is very informative! This information added up to my knowledge, didnt really have any before about wealth strategy pla. Thanks for sharing!

    Reply

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.