Financial Adulting

Financial Adulting

1hBeginner2020-11-02

Authors

WealthFit

WealthFit

An e-learning company focused on financial education

Course details

When it comes to your finances, there's no time like the present to grow up and start acting like a real adult. In this course you can learn how to move beyond your fears about money—and start making money work for you. It's never too late to take control! Learn step-by-step techniques to eliminate bad debt, build a good credit score, and generate passive income. This course also explores how to budget, how to use a financial decision matrix, and how to manage risk by setting up an emergency fund and selecting appropriate insurance policies. Plus, get a primer on saving for retirement using a variety of investment vehicles.

Topics include:
Developing an investor mindset
Overcoming debt
Automating savings
Investing money in the stock market
Buying insurance
Managing risk
Boosting your credit score
Making wise financial decisions

Skills covered

Personal FinanceProfessional DevelopmentOne-Off

Concepts

Introduction

  • Welcome
  • Getting the most out of this course

Developing an Investor Mindset

  • The investor mindset
  • A consumer mindset
  • How the consumer mindset holds you back
  • Action steps

Crushing Debt

  • Why debt is dangerous
  • Changing your mindset about debt
  • Excel with the debt snowball
  • Putting it into action

Stashing Cash

  • Evaluating where you're at
  • Understanding cash flow
  • Automating savings
  • Taking action

Becoming an Intelligent Investor

  • Overcoming greed and fear
  • Emergency funds and 401(k) plans
  • Roth IRAs
  • Investing best practices
  • Take action now

Managing Risk

  • Why risk is important
  • Types of insurance policies
  • Risk reduction techniques
  • Exploring life insurance
  • Deductibles and action steps

Evaluating Credit

  • Why a credit score is important
  • What your credit score affects
  • Understanding your credit score
  • How a credit score works
  • Boosting your credit score
  • Taking credit action

Making Rich Decisions

  • Making financial decisions to excel
  • Using a decision matrix
  • Actions steps

Conclusion

  • Next steps
40,000 Toman