RFL Financial Planner & Tutorials
Developed in partnership with Rock Financial Life a ministry of The Rock Church San Diego
The Rock Financial Life (RFL) Financial Planner is a tool which helps you organize your finances – allowing you to plan your journey toward financial freedom.
Designed to complement the RFL Everything About Money course, these tutorials provide step-by-step instructions on how to complete the Planner. We encourage you to watch each tutorial to the end as you will find many common questions answered within.
The RFL EAM course is available in a self-study format here.
Financial Freedom is a heart condition, not a financial position. May God give you wisdom, clarity, peace and joy as you work through your Planner. We thank God in advance for the Kingdom Impact that will result. Together, we look forward to hearing the words…
“…Well done, good and faithful servant…Enter into the joy of your Lord.”
Matthew 25:21
Resources
Personal Financial Planner Tutorials
101 A - Introduction & Income
101-A provides an introduction to the Rock Financial Life Financial Planner spreadsheet. An overview of the spreadsheet tool and how to use it. Enter NET income from your paychecks, other income, and basic side gig income.
101 B - Household Spending Plan
101-B describes reoccurring expenses and periodic expenses. Enter household expenses incurred throughout the entire year.
Introduces the key concept of Margin. Margin = Income less Expenses.
101 C - Debt Elimination & Savings Goals
101-C introduces debt and savings goals, described as mile markers 1 through 4. Enter outstanding consumer debt and note debt’s impact on Margin.
101 D - Margin & Savings
101-D Adjusts household spending due to debt and its negative impact on Margin. Enter savings goals. See the calculated debt completion dates for each debt and for each mile marker savings category
101 E - Daily Tracking
101-E puts your plan into action. Spend to your plan and record the results on the Daily Tracker.
101 F - Month End Review
101-F evaluates your plan by comparing your monthly actual spending to your monthly planned spending. Archive the results, adjust the household spending plan if needed, and prepare for the next month of tracking.
Business Financial Planner Tutorials
201 A - Intro and Business Spending Plan
The Business worksheets of the RFL Financial Planner provide a tool to detail up to five business plans and track their progress.
201-A gives an overview of the Business Spending Plan and its relationship with the Household Spending Planner.An example plans revenue and expenses for three small businesses.
201 B - Business Tracking
201-B walks through the RFL Business Tracking worksheets, month end review, archive, and starting again for a new month. The example continues with the tracking and analysis of three small businesses and their impact on the Household Daily Tracker.
Skill Builders
QUIZ: RFL Financial Planner Review
Congratualations on your progress. Here is a quick quiz for you to see how much you have learned. Take it as many times as you want.
301: Bonus Margin & Evaluating a Move
301 starts with a brief overview of a completed RFL Financial Planner before presenting two scenarios.
Scenario 1: Describes how to handle bonus income by using the PERIODIC BONUS MARGIN feature of the PAYMENT PLAN tab.
Scenario 2: Provides a method for evaluating a move to a new (more expensive) rental home. Use the HOUSEHOLD SPENDING PLAN tab to evaluate the impact of the move on current goals. Use the WHAT-IF MARGIN feature of the MILE MARKER GOAL tab to accelerate goal completion dates and motivate further action.
302: Margin in your Paycheck
302 finds Margin hiding in your paycheck. Analyze your payroll deductions and compare to your Household Spending Plan to find more Margin.
303: Handling Deferred Student Loans
303 provides a high level overview of the RFL financial planner. The user of the Planner is a single Mom with a good job and some debt. Included in the debt are some student loans that are currently deferred. The video walks through how to set a debt as deferred and how to model the results of removing the deferred status.