Take this text and create a presentation on 3 wealth building frameworks. Whatever text you don't use, leave in the speaker notes. Need in 24/hrs 3 frameworks Here are some frameworks for personal wealth management based on the search results: ### **1. 4×4 FIRE Framework**[1] This framework focuses on four main pillars, each with four sub-pillars: - **Earn**: Increase income through jobs/businesses, side hustles, real estate, and portfolio investing. - **Save**: Reduce expenses in housing, food, transportation, taxes, travel, and education costs. - **Invest**: Utilize taxable accounts, tax-deferred accounts, tax-free accounts, and specialty accounts. - **Protect**: Secure wealth with life/disability insurance, health insurance, property insurance, and estate planning. ### **2. Rural Wealth Framework (RWF)**[2] This comprehensive framework identifies eight types of assets: - Physical capital (infrastructure), financial capital (liquid assets), human capital (skills), intellectual capital (knowledge), political capital (governance), natural capital (resources), social capital (relationships), and cultural capital (heritage). ### **3. Wealth Allocation Framework**[3][5] This approach incorporates human capital and focuses on: - Capital sufficiency analysis using deterministic forecasting or Monte Carlo simulation. - Investment policy statements tailored to risk tolerance, time horizons, and goals-based investing. ### **4. Simple Wealth Frameworks**[4][6] Simplified frameworks include categorizing money into "safe money," "healthy money," and "wealthy money" for strategic growth. They emphasize customizability to fit individual goals. Each framework provides tools for managing wealth effectively depending on personal circumstances and goals.
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