
Learn the fundamentals of personal finance, map finances with a personal income statement, set a monthly budget, save money, and build wealth via investing.
Track your spending, know where your money goes, and build wealth toward financial independence using a personal profit and loss account, a balance sheet, and a monthly budget.
Learn to use a personal income statement and a personal balance sheet to map income, costs, and save/invest, using downloadable files and the Marta example to track and balance finances.
Balance your assets and liabilities to reveal your net worth on a personal balance sheet. Update meaningful, marketable assets and debts, then project growth toward a $300,000 goal.
Create a monthly budget from the personal income statement, set a 20% savings target, and adjust fixed and variable costs to fund investments.
Focus on big-ticket savings by comparing quotes and negotiating prices. Adopt a spending freeze, make a strict shopping list, and cut back on subscriptions and high-interest debt.
Build wealth by understanding net worth as your assets minus liabilities, pursue long-term compounding through a diversified, low-cost portfolio, and establish monthly goals to maintain financial freedom.
Apply the provided models, work with a friend, and build a routine that supports long-term success; check out Hugo's other courses on investing, buying a house, and health and longevity.
I have created this course based on many live conversations with people trying to manage their finances. I will show you how to use accounting methods to understand your finances, how to set a budget for yourself and how to invest excess income you have to start building wealth and create financial independence. Whereas there's much more to learn, these are the key three elements you need to learn to take control over your finances and set yourself up for long term success!
After this course you will
Feel more confident about your finances
Have an overview of your financial situation
Get more out of your money
All in 60 minutes! Ideal for busy people
The course is aimed to be very practical and high impact. It has three concrete building blocks to take control of your finances. It comes with downloadable sheets that you can use right away, to create your own personal financial overview. We do not spend time on unnecessary theory or complicated finetuning. This course is aimed at fast maximum impact!
I have created this course to help people with their finances. In helping others offline over the last years I noticed a big knowledge gap between what you need to manage your finances and what is taught at schools or elsewhere. In combination with finances being a topic that is not talked about much its hard to acquire the skills you need! This course aims to solve for that and give you the basics skills and tools you need to be an effective manager of your finances.