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Money Management 101-Personal Finance Skills for Millennials
Rating: 4.4 out of 5(48 ratings)
8,037 students
Last updated 2/2022
English

What you'll learn

  • 12 Golden Rules for Financial Stability
  • How the Advertisements Influence our Spending
  • Understand Some Basic Investment Tools.
  • How to Set Clear and Achievable Financial Goals and Achieve Them.
  • Understand the SMART Investment Strategy.
  • How To Avoid Deadly Financial Mistakes
  • How to Take Control of Your Finances and Achieve Financial Stability

Course content

1 section13 lectures1h 36m total length
  • Introduction4:02

    Explore how advertising shapes spending and learn to distinguish needs from wants. Build a foundation in personal finance with strategies for saving, investing, emergencies, retirement, and avoiding costly mistakes.

  • Rule 1 Stay Away from Advertisement Influence.5:52
  • Rule 2 Enjoy Spending8:11

    This lecture teaches you to enjoy spending while living within your means, save for the future, and spend intentionally by distinguishing needs from wants, tracking spending, and practicing delayed gratification.

  • Rule 3 Dont Be Penny Wise Pound Foolish7:43
  • Rule 4 First Save Then Spend4:59
  • Rule 5 Money is Money6:00
  • Rule 6 Have Clear Financial Goals7:00
  • Rule 7 Plan Your Emergencies6:58

    Plan and fund emergencies for millennials with an emergency fund, insurance coverage, and wise credit use to weather job losses and other unexpected life events.

  • Rule 8 Plan Your Retirement5:56
  • Rule 9 Understand the Various Investment Tools12:19

    Learn criteria for evaluating investment instruments and how risk levels affect returns. Explore tools like real estate, equities, debt instruments, mutual funds, IPOs, and the power of diversification.

  • Rule 10 Adopt a SMART Investment Strategy12:29
  • Rule 11 Avoid the Deadly Sins of Personal Finance7:41
  • Rule 12 Invest In Yourself First7:30

Requirements

  • An Open Mind and Zeal to Learn
  • An Eagerness to Understand How to Manage Your Money

Description

It is a natural human tendency to spend in order to fulfill the cravings regardless of whether they can be justifiably included in a budget. The idea of Finance and Budgeting techniques was developed to reduce the amount that individuals, firms, and institutions spend on items that do not add any significant value to their standard of living, long-term portfolios, and assets. The Rules are universal and apply to every Individual irrespective of qualification, geography, and type of Industry.

You don’t need a higher-paying job or a windfall from a relative to improve your personal finances. To Be Financially Successful, People need to learn the Art of Budgeting and Personal Finance Management.

Personal Finance management skills are all it takes to reduce their spending, improve their ability to invest and save, and achieve financial goals that once seemed impossible.

This Fast-Paced Course is targeted at the Rising Generation of Today, to teach them the Basic of How Finance Works and the skills and knowledge most needed to Set SMART Financial Goals, Planning the Pathway to Achieve them, and Lead a Successful and Fulfilling Financial Life.

This online personal finance course covers all of the following topics:


  • 12 Golden Rules for Financial Stability

  • How the Advertisements Influence our Spending.

  • How to Keep Track of Your Spend by Understanding Needs and Wants.

  • Why Spending should be an Enjoyable Process.

  • Why Savings are Important.

  • How to Set Clear and Achievable Financial Goals.

  • How to Plan for Emergencies.

  • Difference between Investment and Security.

  • Understand Some Basic Investment Tools.

  • How to Plan for Your Retirement.

  • Understand the SMART Investment Strategy.

  • Avoid the Deadly Financial Mistakes.

  • Why it is Important to Invest in Yourself First.

Regardless of what your financial expertise is or how much Saving you have in your bank account, this in-depth course is designed to provide you with everything you need to Manage Your Personal Finance Better.



Who this course is for:

  • Anyone and Everyone who wants to Take Control of their Personal Finances
  • Anyone who wishes to Set Clear Financial Goals and Achieve them.