Setting Your Financial Goals
1h 7mBeginner2014-12-01
Authors
Ken Boyd
30+ years' experience in accounting, education, and financial services
Course details
Looking for a guide to the basics of money management and savings? Look no further! Author and CPA Ken Boyd helps you understand the basic principles of money management—financial planning, budgeting, managing debt, and investing—so that you can create a financial action plan that best suits your life stage and tolerance for risk.
Skills covered
Personal FinanceProfessional DevelopmentOne-Off
Concepts
0. Introduction
- 01 - Welcome
- 02 - What you should know before watching this course
1. Creating a Financial Plan
- 03 - Getting started
- 04 - Mapping to life stages
- 05 - Considering alternatives and opportunity costs
- 06 - Planning for risks
2. Creating a budget
- 07 - Defining assets and liabilities
- 08 - Understanding income, expenses, and investments
- 09 - Reviewing a sample budget
3. Managing debt effectively
- 10 - Financing a vehicle and a home
- 11 - Understanding compounding interest
- 12 - Understanding borrowing risks
- 13 - Understanding the time value of money
4. Investing
- 14 - Understanding risks
- 15 - Investing in equity (common stock)
- 16 - Investing in debt (bonds)
Conclusion
- 17 - Action plan