First Step Cash Management System™
Decision Making Framework
Conversations about Life & Money
They say that necessity is the mother of invention, and nothing could be more true in reference to the First Step Cash Management System™. In the beginning, this program was used as a personal finance management tool by its creator, Marty Kurtz, CFP®. However, experience has shown that much of its value is experienced when First Step is also used as a tool for good communication.
Money decisions are indeed emotional decisions. When individuals start to communicate about those decisions with their friends, family members, and financial advisors, they need a framework that allows everyone to understand the definitions and boundaries of the words that are being used.
We believe First Step Cash Management can provide a language that everyone can adopt and use to have positive, proactive, and authentic conversations about life and money.
Integrating MQ & First Step
Combining the MQ True Wealth™ Planning Process with the First Step Cash Management System will result in a financial plan that reflects your clients’ values and priorities, motivates action, and inspires commitment.
The Money Quotient values clarification and goal setting process will act as a bridge connecting life conversations with financial conversations. New insights gained while completing the MQ tools will foster client engagement and set the stage for a meaningful and productive cash flow dialogue.
By adding First Step, your clients will gain a whole new perspective on their current situations and the way money flows in and out of their lives. With this insight, they can begin to make financial decisions in a more intentional way, and create a framework for making spending, saving, and giving choices that will keep them on the path to achieving their life goals.
How First Step Works
First Step “Buckets”
TPC + MQ Alliance
The Planning Center™
programs that will enhance the success and satisfaction clients experience while engaged in the financial planning process.
In April of 2007, Marty Kurtz invited Carol and Amy to The Planning Center (TPC) to conduct an MQ training for his team. During a break, he suggested that they take a look at some of the other tools TPC planners used in their client meetings. When Marty shared his First Step Cash Management planning tool, Carol and Amy immediately recognized that it was exactly what they had been looking for!
Partner Agreement Information
One-time set-up fee: $400.00
Monthly subscription fee: $50.00
100 Client Sub-Accounts
Additional sub-accounts can be acquired in sets of 25 at $10 per month
Electronic User’s Manual
30-minute Orientation Phone Meeting
Two 90-minute Online Training Sessions
Open to all advisors and team members in First Step Partner's firm, and can be repeated as needed
First Step Administrative Accounts can be assigned a unique URL and customized with Partner’s company logo and colors.
Additional information available upon request.