Smart Money:

Your Roadmap to
Financial Success

Quest Workbook
 TABLE OF CONTENTS

Part 1: Money 101 3

Day 1 - Get Quadrafit for Wealth & Well-Being 4
Your Actions for Today 5
Day 2 - Build a Wealthy Mind 7
Your Actions for Today 8
Day 3 - Debt Decoded: Leveraging Your Financial Potential 9
Your Actions for Today 10
Day 4 - Financial Fitness: The Secrets to Not Being Broke 11
Your Actions for Today 12
Day 5 - How to Budget Your Way To Success 13
Your Actions for Today 14
Day 6 - Beyond Piggy Banks: Growing Money, Not Just Saving 15
Your Actions for Today 16
Part 2: Making Your Money Work for You 17
Day 7 - Passive vs. Active Investing Strategies 18
Your Actions for Today 20
Day 8 - Stocks & Bonds: Crafting Your Investment Score 21
Your Actions for Today 23
Day 9 - How to Analyze Funds: Index, ETFs, Mutuals 24
Your Actions for Today 25
Day 10 - Real Estate Riches: Building Wealth Brick by Brick 26
Your Actions for Today 27
Day 11 - Passive Income vs. Cash Flow 28
Your Actions for Today 29
Day 12 - The Key to Retirement Planning 31
Your Actions for Today 33
Day 13 - Protect Your Wealth 34
Your Actions for Today 35
Day 14 - Crafting Your Lifelong Legacy of Wealth 36

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Part 1: Money 101

3
 Day 1 - Get Quadrafit for Wealth &
Well-Being
“Money is just a tool that allows you to live your life”

SUMMARY

● Money's role in life is best understood by reflecting on your relationship with it over the
years.

● Money is merely a tool. It doesn't define your goodness or badness; it magnifies you.

● Spend less; earn more; invest wisely—putting money to work is vital.

NOTES FROM TODAY’S LESSON

4
Your Actions for Today
JOURNAL

1. Reflect on your relationship with money.

2. Prioritize your focus in the Quadrafit triangle.

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 Day 2 - Build a Wealthy Mind

“Be the person who starts to think differently.”

SUMMARY

● To achieve financial wealth, you must do things differently and start taking action.

● Your wealth starts in your mindset before it hits your bank account.

● Building a Wealthy Mind:

○ Change the way you speak about money.
○ Challenge the way you think about money.
○ Know your purpose.
○ Start using your time more wisely.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Create a Mindset Change Plan: What are the precise defined action steps that you're going to
take today?

2. Share in the Community: Make your plan impactful by sharing it with other people.

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 Day 3 - Debt Decoded: Leveraging
Your Financial Potential

SUMMARY

● Debt is essentially spending your future income today.

● Avoid financing expenses that aren't making you any money.

● How to Manage Your Debt:

○ Know the difference between good debt and bad debt.
○ Never pay a penny in interest.
○ Get rid of credit card debt.

● Prioritize paying off high-interest debt before you begin investing.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Assess Current Debts: Take a clear picture of your current debt situation.

2. Lower Interest Debts: Decide whether to invest your money or focus on paying down your
debts first.

3. Debt Paydown Strategy: Choose between the "debt snowball" or "debt avalanche" methods
for tackling your debts.

4. Credit Card Evaluation: Reflect on your credit card usage, and assess whether you want to
continue using it.

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 Day 4 - Financial Fitness: The Secrets
to Not Being Broke
“Spend less, earn more, invest like crazy.”

SUMMARY

● Cutting Down Your Expenses:

○ Set up a financial tracking system to monitor your money.
○ Review where you can reduce spending.
○ Negotiate to lower your bills.

● Understand the difference: an asset brings money into your pocket while a liability loses
you money.

● Avoid net-zero thinking, and stick to the rule of five: if you can't buy five, you can't afford
one.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Begin by building a financial spreadsheet to track your finances.

2. Examine your financial spreadsheet to pinpoint areas where you can cut back on expenses.

3. Consider negotiating some of your bills to lower costs.

4. Reflect on how you are currently spending your money.

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 Day 5 - How to Budget Your Way To
Success

“Wealthy people earn, invest, then spend the rest.”

SUMMARY

● Use the 75/15/10 plan or similar to allocate your earnings, e.g., spend 75%, invest 15%,
and save 10%.

● The more money you invest, the wealthier you will become.

● Whether you're an entrepreneur or an employee, prioritize investing and saving.

● Your financial strategy depends on your goals and lifestyle. Start with the end in mind.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1.Create three separate bank accounts.

2. Determine what type of financial system suits you.

3. If you're an entrepreneur, reflect on the kind of business and lifestyle you aspire to achieve.

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 Day 6 - Beyond Piggy Banks: Growing
Money, Not Just Saving

SUMMARY

● Your savings are losing value to inflation every day.

● In a capitalist system, if you own more assets, you can earn more money.

● The reason why you want to get paid from your capital is because there's no limit to how
much you can own.

● The economic system is designed to benefit the businesses and the investors.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Assess your current financial status—consumer, investor, or business owner. Write down your
desired role.

2. Reflect on your financial strategies within the economic system, and pinpoint areas of
maximum benefit.

3. Share your insights with the Community.

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Part 2: Making Your Money Work for
You

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 Day 7 - Passive vs. Active Investing
Strategies
“Investing is how you become wealthy.”

SUMMARY

● Prioritize saving and investing before spending your money.

● Where You Can Invest Your Money:

○ Business and startups
○ Real estate
○ Stocks
○ Cryptocurrency
○ Physical gold

● When you invest for cash flow, you buy assets that generate immediate income.

● When you invest for appreciation, you buy assets, and profit when their value rises.

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NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Decide whether you prefer to be a passive investor or an active investor. Share it in the
Community.

2. Consider which asset classes you want to invest in, and prioritize your first investment.

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 Day 8 - Stocks & Bonds: Crafting Your
Investment Score
“You have to know how the stock market works.”

SUMMARY

● To succeed in the stock market, understanding how to analyze potential investments is

crucial.

● When focusing on dividend stocks, seek companies with a consistent history of dividend
growth.

● Before delving into financial analysis, ensure you're investing in a reputable company.

● Analyzing Company Investments:

○ Assess company type, innovations, and moat.
○ Access investor presentations and earnings calls.
○ Examine expert analyses and financial metrics.

● Investing inherently carries risks; mitigating risks involves long-term investment and
thorough research.

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NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Look around your living space, and identify where you spend most of your money.

2. List three publicly traded companies that you are already spending money on.

3. Investigate these companies by finding:

● Market capitalization
● Current share price
● P/E ratio

4. Delve deeper by locating the company's 10-K and 10-Q filings. Read through their financial
statements.

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 Day 9 - How to Analyze Funds: Index,
ETFs, Mutuals

SUMMARY

● Diversify your investments by putting your money into funds that offer exposure to
multiple companies.

● Consistency is key to success in passive investing; keep investing regularly.

● Different Types of Funds:

○ Index Funds
○ ETFs (Exchange-Traded Funds)
○ Mutual Funds

● Analyzing Investment Funds: Key Questions:

○ Who created the fund?
○ What’s inside the fund?
○ How much is the fund costing me?

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Decide whether you want to be a passive or an active investor.

2. If you choose passive, research at least two index funds, two ETFs, and two mutual funds in
your preferred sector.

3. For each fund:

● Identify who created the fund.
● Examine what’s inside the fund, including CDAA: companies, dollars, and asset allocation.
● Calculate the fees associated with each fund.

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 Day 10 - Real Estate Riches: Building
Wealth Brick by Brick

SUMMARY

● Real estate not only grows wealth but also preserves it and generates income.

● Three compelling reasons to invest in real estate: cash flow, tangible assets, and tax
benefits.

● Real Estate Investment Essentials:

○ Location: Evaluate neighborhood growth and local businesses.
○ Property: Inspect condition and suitability.
○ Numbers: Analyze rental rates and expenses, and estimate potential returns.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Find at least three properties available for sale.

2. Perform a three-part analysis:

● Location: Investigate population trends and local business activity.
● Property: Examine its condition and suitability.
● Numbers: Research rental rates, expenses, and returns.

3. Share your findings and practice in the Community.

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 Day 11 - Passive Income vs. Cash Flow

SUMMARY

● True passive income doesn't exist; continuous monitoring is essential to ensure stability.

● Growing wealth involves investing for cash flow using your hard-earned money.

● 4 General Ways to Generate Cash Flow:

○ Cash investments
○ Stock market investments
○ Real estate investments
○ Business investments

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Identify 2-3 ways to generate cash flow in the next 24 months.

2. Assess accessibility, and develop a plan to initiate them.

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3. Share your goals in the Community for accountability.

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 Day 12 - The Key to Retirement
Planning

“How much money do you need to be financially free?”

SUMMARY

● Adopt the cash flow method by investing in assets that generate cash to sustain your
lifestyle.

● Measure richness in terms of time; your assets provide income even when you're not
working.

● If you invest in solid assets, the cash flow you generate can grow with inflation.

● When planning for retirement, consider your purpose too, so you can live a life doing what
you love.

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NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Examine your current expenses.

2. Compare them to your dream lifestyle costs.

3. Calculate your financial freedom requirements using the 4% rule or the cash flow method.

4. Share your preferred method in the Community.

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 Day 13 - Protect Your Wealth

SUMMARY

● Consider protecting your wealth from both legal and financial perspectives.

● Ways to Protect Your Wealth

○ Insurance
○ LLCs and legal entities
○ Accountant/tax advisor
○ Estate planning

● As you build your wealth, it's fulfilling to help others do the same.

NOTES FROM TODAY’S LESSON

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Your Actions for Today
JOURNAL

1. Evaluate your legal protection needs, and seek a qualified attorney if necessary.

2. Engage with a tax advisor to explore legitimate ways to minimize your tax liabilities.

3. Consider your estate plan, and consult with an estate planning attorney.

4. Reflect on your legacy and how you can give back to your Community.

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 Day 14 - Crafting Your Lifelong Legacy
of Wealth

SUMMARY

● Building wealth does not happen overnight. It is a step-by-step, gradual lifestyle.

● Investing involves risks; the goal is to gain more than you lose.

● Create the right system, plan, and investing strategy for yourself; this requires proactive
action.

NOTES FROM TODAY’S LESSON

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