MM-RPG: Your Complete Character Profile

When are you ready for the final boss fight? When you have everything you need in place to succeed. What do you need in your money management toolbox to succeed? In this final installment of our Money Management Role-Playing Game (MM-RPG), we‘ll explore our complete character profile! Let’s finish our quest!

PS: if the above is gibberish to you, have a quick look at the introduction article. There I’ve outlined the most important parts of a Role-Playing Game (RPG).

The basics of your character’s profile

You need all the slots filled to maximise your chances of success.

  • A place for everything, and everything in its place. All the way from your character’s stats, right down to your weapon’s special abilities. All important.
  • It all works together to ensure your financial freedom. Like creating a tanking character with deadly power.
  • Everything serves a purpose, right down to the smallest contribution or policy. Like that one small buff that stacks with others to improve your attacks.

The basic truths of your character profile

  • Gaps will make you struggle.
    • Every character type needs the right mix. For example, a warrior needs high strength and endurance. Strong armour and high-damage weapons. High-power special attacks and buffs to help you tank hits. If one element is missing, you’ll likely have a hard time.
    • Similarly, you need the right mix in your money management toolbox. For example, cover for medical conditions should not be just your medical aid. You also need medical gap cover. And perhaps even critical illness cover, income protection, and emergency fund savings.
  • A complete character profile covers the following:
    • Type. Like warrior, mage or rogue. This guides what you do with all the rest.
    • Alignment. Good or evil, chaotic or lawful.
    • Attributes. The ideal mix of points given to strength, dexterity, intelligence, endurance, charisma.
    • Equipment. Weapon, shield, body armour, gloves, shoes, trinkets.
    • Active skills. Special attacks and special defenses.
    • Passive skills. Buffs and boosts.
  • A complete money management toolbox covers the following:
    • A financial plan. With short-, medium- and long term goals planned for.
    • A personal budget. Showing all expected and actual numbers. In the ideal ratios for success.
    • Short-term insurance. Including car, home, and commercial insurance. Also, remember the smaller things like household contents or business interruption cover.
    • Long-term insurance. Consisting of life-, income protection-, disability- and critical illness cover. For your personal and business needs.
    • Retirement savings. A pension fund, provident fund and/or retirement annuity to preserve and grow your nest egg.
    • General saving and investment. Emergency fund cash for when things go wrong. Shorter-term investments for smaller goals like holidays. Longer-term investments for bigger goals like buying a new car.
    • Medical cover. With medical aid and medical gap cover.

A final word

I hope you enjoyed this journey with me! The analogies might not be perfect, but I hope you found them meaningful and easy to remember. And I hope that you learned at least one new thing.

Thanks for your time,


PS: If you would like to read other articles in the series, please click here.

Image source: Battleheart Legacy (Mika Mobile)