Personal Finance: First Steps to Financial Independence
4.0 (22 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
335 students enrolled
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Personal Finance: First Steps to Financial Independence

Personal finance design: How I saved thousands in 2 years to buy rental property, work for myself, and do what I love.
4.0 (22 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
335 students enrolled
Created by Ksenia Voropaeva
Last updated 12/2016
English
Curiosity Sale
Current price: $10 Original price: $25 Discount: 60% off
30-Day Money-Back Guarantee
Includes:
  • 2 hours on-demand video
  • 19 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Calculate your net worth and savings rate
  • Forecast # of years to financial independence
  • Automate financial tracking
  • Cut your spending by up to 60%
  • Increase your savings rate up to 75%
  • Boost your income via the sharing economy
  • Save up to $66,000 in 2 years
  • Continually grow the GAP between income and spending
  • Start to invest your surplus wealth so that your money works for you
  • Automate saving and investing
  • Assess if real estate investing is for you
  • Learn how to identify simple, sustainable, everyday changes that will add up
  • Design your own path to financial independence
View Curriculum
Requirements
  • Students should have an open mind and be willing to try new things.
  • Some experience supporting yourself financially - basics of food/shelter/transportation/self care.
  • Access to your financial info to figure out how much you're earning and spending.
Description

I believe the best place to start is with "Why".

Why: Far too many people are stuck in the system, not living the life that they actually want to be living. “Don’t ask what the world needs. Ask what makes you come alive, and go do it. Because what the world needs is people who have come alive.” - Howard Thurman

How: One way is financial independence, via personal finance.

This course is a breakdown of simple, actionable, day-to-day steps that you can take right away to get on the path to financial independence. We'll cover the biggest spending categories of 1) food 2) shelter 3) transportation 4) and self care, and how to optimize these to lower spending, increase income, and maximize savings. Savings that you can invest to make your money work for you, not the other way around! So that you have the time and resources to pursue what makes you come alive.

This course breaks down, step-by-step, how to save over $60,000 in 2 years. I did this while living in one of the most expensive cities, while at the same job, and while maintaining a healthy lifestyle. No deprivation required.

Who: Maybe you're broke, struggling with credit card debt, drowning in student loans, living paycheck-to-paycheck, unable to save much of anything. Or perhaps you have some savings but want to get in control of personal finances and save more faster in order to do your thing as soon as possible. 

Me: I've been through all these scenarios -- from broke in NYC with nothing but a suitcase and lots of debt, to a cushy job where I made money and spent money, through a struggle of working for someone else's dream, to a realization that I have to create my own path.

In 2 years I completely changed my life, doing something that I didn’t think was possible.

I saved over $60,000, bought and renovated a multi-unit property in Brooklyn, moved my mom up to NYC, started working for myself, and doing what I've always wanted to do (but didn't think was possible), all the while on the path to financial independence.

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Some things you'll learn in the course:

- How to assess your personal finances: your current net worth and savings rate

- How to calculate # of years to financial independence

- How to automate financial tracking, so you always know where you are and where you're going

- How to optimize the biggest spending categories of 1) food 2) shelter 3) transportation 4) and self care

- Every tip and trick I used to cut spending by 60% and push my savings rate over 75%  

- How to simultaneously supplement your income via the sharing economy

- No jargon approach to invest your surplus wealth, and get your money to work for you

- Concrete, step-by-step breakdown to a financial independence foundation

- Plus so much more. There are over 50+ lectures included in this course.

Who is the target audience?
  • Anyone interested in financial freedom.
  • Anyone struggling with credit card debt, student loans, car loans, personal loans.
  • Anyone living paycheck-to-paycheck, not able to save much of anything.
  • Anyone who wants to get out of the 9-to-5.
  • Anyone who wants to work for themselves, pursue their passion, travel, retire early, you name it.
  • Anyone who wants to live a different way, and is willing to to put in the time and effort.
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Curriculum For This Course
53 Lectures
02:04:33
+
Course Intro
6 Lectures 15:56



Course format
02:53

Can it work for you? (Hint: yes)
00:20

Course feedback: Let me know what you think so far!
00:03
+
Where are you?
6 Lectures 18:11
What's your net worth?
03:15

What's your savings rate?
02:16

Where are you: Example
06:29

The power of savings rate
05:49

Section 2: Quiz
5 questions

Where are you: Recap
00:13

Section 2: Additional resources
00:08
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Where do you want to go?
2 Lectures 03:53
A breath
03:49

Section 3: Additional resources
00:04
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Where to start?
3 Lectures 05:23
Where to start?
01:50

Biggest spending categories
03:19

Where to start: Recap
00:14
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Food
16 Lectures 41:14
Food intro
02:47

Tracking example
05:18

Perimeter shopping
03:00

Food: Fieldwork
00:26

Meat vs plant protein
03:55

Grow your own
05:41

Bottled vs filtered water
03:39

Lunch out vs packed
03:16

Dinner out vs in
02:05

Food/drink on-the-go
03:55

Alcohol
04:14

Running tally
01:36

Food: Recap
00:00

Food: Fieldwork 2
00:08

Food: Additional resources
00:51

Course feedback: Let me know what you think!
00:21
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Transporation
4 Lectures 06:22
Car vs Public transit vs Bike
05:06

Running tally
00:47

Transportation: Recap
00:00

Transportation: Additional resources
00:28
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Shelter
6 Lectures 09:27
Home sharing
03:15

Cable
01:28

Cleaning
03:22

Running tally
00:50

Shelter: Recap
00:00

Shelter: Additional resources
00:31
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Self care
5 Lectures 10:46
Exercise
02:57

Beauty/grooming
02:21

Grand tally
04:49

Self care: Recap
00:00

Self care: Additional resources
00:38
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Course wrap up
5 Lectures 14:23
No jargon investing intro
05:04

Real estate intro
06:23

Investing resources
00:27

My go-to educational resources
00:23

And that's a wrap!
02:06
About the Instructor
Ksenia Voropaeva
4.0 Average rating
22 Reviews
335 Students
1 Course
Personal finance|Real estate|Ex-startup director|Ex-finance

Hi, I'm Ksenia. Thanks for checking out my course.

Currently I work for myself, invest in real estate, live off of semi-passive income, and spend most of my time sharing yoga and wellness. 

Just a few years ago, my life was a very different picture. I was still on the 9-to-5 grind, working working working for somebody else, but somehow not saving much of anything, and not feeling fulfilled. I felt trapped in the system of work to live.

Then, in 2 years I completely changed my life. I did something that I didn’t think was possible. I saved over $60,000, bought and renovated a multi-unit property in Brooklyn, moved my mom up to NYC, started working for myself, and doing all of the things that I've wanted to do, while on the path to financial independence.

Prior to this big change in direction, I was the Director of Media Operations at 33Across, a digital media startup based out of NYC. I oversaw digital marketing campaigns for clients ranging from Fortune 1000s to Fortune 100s like AMEX and AT&T.

And before that, I was bootstrapping and building a startup from ground up, doing all things from marketing, to customer service, to business development, to logistics (read: running to post office to mail hand-packaged orders in time). 

In the long ago, I worked in investment banking on Wall Street, which taught me a lot about financial jargon, but nothing about personal finance. Which is funny. Had to figure that one out on my own. But this background did provide solid foundation for future real estate investing.

I'm also an avid Airbnb host in Brooklyn. I've hosted over 300 guests from all over the world, and my space is booking out several months in advance year-round.

Hope you enjoy my course!