Vsquared provides a Sports Financial Literacy Program for sporting schools from years 9 to year 12 educating young aspiring athletes on the financial component of Sports aiming to teach students and schools on how to ”Become An Elite Financial Athlete” across Australia.
The program is covered in two sessions:
First session covers “How to build the Foundation of an Elite Financial Athlete”:
Savings structure/Payment Structure (including split payment structure)
Bank account structure
How does Compound Interest work?
Gross Pay vs Net Pay (after tax, super, deductions)
Budgeting
Sporting Collective Bargaining Agreement
Second session covers “How to build the lifestyle of an Elite Financial Athlete”:
Sports taxation
Cashflow forecasting (for full term of contract)
Wealth creation
Asset vs Liability
Property portfolio (explaining; mortgage, loan mortgage insurance, stamp duty, interest, offset)
Equity in Property
Share market