Objective: The objective of this activity is to help individuals create their own financial plan based on their financial needs and goals.
Materials needed:
- Paper or notebook
- Pen
- Financial planning template
Duration: 40 minutes
Implementation: Physical workshop or online workshop
Source: https://www.canva.com/templates/s/budget/?continuation=50
Description: Participants after having read the chapters above will now be put to the test in order to create their own financial plan. Trainers will provide them with a financial template to design the plan. The template on the right will be distributed among participants to complete. It can be adjusted to each one’s needs. The trainer can choose another template to use if this one doesn’t cover their needs.
Reflection: Take the last 10 minutes activity to reflect and discuss the outcome in which participants got to create, maybe for the first time, a financial plan. Ask for their feedback such as the usability of the plan, the applicability of their daily life and the realism of it.