Personal Finance using Management Consulting Hacks

What is the aim of this course?

No matter how much you earn it’s not easy to build wealth. The money you earn somehow magically disappears although it seems to you that you have been quite frugal. On top of that, it’s difficult to make certain tradeoffs in life where you have to spend money: Should you cook on your own or buy prepared food? Is it better to rent an apartment or buy your own? Should you go for MBA or not? We are not taught at school to make rational decisions and manage our money and wealth. Luckily, there are a lot of nice management consulting tools, techniques, and frameworks that will help you spend less, be more efficient, earn money and generate additional income. You don’t have to go to a top consulting firm to learn them. You can master them by taking my course.

This course will help you drastically improve your skills in managing money and making more rational choices using management consulting tools, techniques, and frameworks. If you have a specific problem just let me know and I will give you tips on how to solve it using the tools presented in this course.

The course is designed for people who want to become more data-driven and less emotional in the way they manage money and make decisions related to money. Thanks to the course you will be making better decisions and you will learn techniques that will help you faster build your wealth. In the course you will learn 6 main things:

1. How to spend less money

2. How to make sure that you spend money on the right things

3. How to be more productive, work faster, and more efficiently

4. How to earn more money

5. How to generate additional revenue streams

6. How to invest wisely your money

This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms in Retail, FMCG, SMG, and B2B, and services sectors that I worked for. I have carried out or supervised over 90 different performance improvement projects in different industries that generated in total 2 billion of additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on Udemy were already taken by more than 134 000 students including people working in EY, Walmart, Booz Allen Hamilton, Adidas, Naspers, Alvarez & Marsal, PwC, Dell, Walgreens, Orange, and many others.

I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you or your team in your work.

Why did I decide to create this course?

Personal finance boils down to applying relatively simple rules in practice. Most courses make those rules look too complicated and don’t provide a structured approach to wealth building and managing your money. This course will fill in this gap and will help you learn the things you need to know to manage well your money and time. On top of that, you will learn a lot of advanced management consulting techniques, tools, and frameworks that will help you save money and time as well as earn more.

Management consulting techniques can help you immensely with the way you manage your money. By putting those tools and techniques in one course and explaining them using real-life examples related to everyday life, I wanted to make this knowledge available to everybody that wants to make better decisions, especially when it comes to money.

Things you will find in this course will improve your awareness and skills in analyzing problems that you will be facing. You will learn how to spend less, earn more and how invest your money and time wisely. I will also share with you a lot of productivity hacks that will help you be more efficient. You will learn how to make better choices when it comes to spending money, based on analysis in Excel.

To sum it up, I believe that if you want to make better decisions, manage your money efficiently and build your wealth faster, you should master the techniques presented in this course. That is why I highly recommend this course to all students that want to build their wealth faster.

In what way will you benefit from this course?

The course is a practical, step-by-step guide loaded with tones of hacks, hints, and analyses that will significantly improve the quality of the decision you make related to money. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning along with analyses in Excel. Our intention is that thanks to the course you will learn:

1. How to spend less money. You will learn the techniques as well as the tools that will help you analyze different situations in life when you have to decide whether to spend money on something or not.

2. How to make sure that you spend money on the right things.

3. How to be more productive, work faster, and more efficiently. The key to generating more money is to be able to do more valuable work at the same time. I will show you the management consulting productivity hacks that will help you achieve that.

4. How to earn more money. You have to have a structured approach to earning more from your work. I will show you some hacks that will help you constantly improve your salary.

5. How to generate additional revenue streams. There are more and more opportunities to earn additional income on top of the income from work. I will show you what you can do in this area.

6. How to invest wisely your money. Once you start saving money you can invest them in many different instruments. We will briefly discuss this to make sure that you don’t lose the money you have earned.

You can also ask me any question either through the discussion field or by messaging me directly on Udemy.

How the course is organized?

The course is divided into the following sections:

• Introduction. We begin with a little intro to the course as well as some general information that will help you use the resources in the course.

• Spend less. In the second section, I will show you all the ways in which you can spend less money and save more. As always I will teach you how to analyze data on your own and make good, rational decisions. You will learn the techniques as well as the tools that will help you analyze different situations in life when you have to decide whether to spend money on something or not. We will discuss many techniques such as: reducing usage, eliminating some expenses, renegotiating others, the total cost of ownership, the cost of bad health, value of time, happiness adjustment, reducing liabilities, repurposing assets, and many more

• Be more productive – How to do the right things. In order to build your wealth, you have to be efficient. Therefore we will devote a lot of time to teaching you productivity hacks. In this section, I will discuss hacks that you can use to select things you should do and to decide what things you will simply not do as they are not worth your time. You will learn techniques such as issue tree, the 80/20 rule (Pareto principle), how to set priorities, benchmarks, etc.

• Be more productive – How to work faster. We continue with management consulting productivity hacks. Here we will talk about all the techniques and tools that will help you do your work faster.

• Earn more. In this section, I will discuss hacks you can use to earn more. You have to have a structured approach to earning more from your work. I will show you some hacks that will help you constantly improve your salary. We will discuss how to: deliver value, how to demonstrate value, how to ask for a raise, get more hours when it makes sense to change your career path

• Additional revenue streams. There are more and more opportunities to earn additional income on top of the income from work. In this section, I will show you what you can do in this area. We will discuss: selling your services, building assets and tools, and creating new revenues streams using the assets and tools you have built

• How much money do you need? In this short section, I will show you how to calculate how much money you need to retire.

• Invest wisely your money. In the last section, we will discuss briefly what things you can invest in and how do they differ from each other

You will be able also to download many additional resources

1. Excels with analyses shown in the course

2. Presentation of slides shown in the course

3. Links to additional presentations and movies

4. Links to books worth reading

At the end of my course, you will learn…

• How to manage money efficiently

• How to spend less and save more

• How to be more productive

• How to earn more and gain from your increase in productivity

• You'll become the master of your own finances.

• How to make better decisions when it comes to money

• Calculate in Excel the impact of your decision on your life

Who should take this course? Who should not?

• Everybody that wants to learn how to save money, and reduce expenses

• People are interested in making better decisions based on data

• Students that want to improve the way they manage their money

• Management Consultants

• Business Analysts

• Startups founders

• Managers

What will students need to know or do before starting this course?

Basic or intermediate Excel