Fix Your Finances: Four Ways to Change Spending Behavior

Curbing poor spending habits is just the beginning. In this course, you'll learn how to create healthy habits that last.
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  • Lectures 10
  • Length 38 mins
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 1/2016 English

Course Description

Want to fix your financial life? Of course, you do. No one wants a broken money life, yet a lot of us stay stuck in one place for way too long because we are lacking one major skill... action. Yep, ACTION is a learned financial skill. Through this 40-minute course, you and I will work together to create an action plan to fix your financial life. We'll focus on spending. Spending is what causes debt, it's what causes cash flow problems, and it's what prevents you from preparing for the future. When you fix your poor spending habits the rest of your financial life will come together. In this course, you'll learn how to cut spending and save money, create a plan for paying off debt, and understand the value of knowing your net worth. Are you ready? Let's get started!

What are the requirements?

  • A printed copy of your last checking account statement
  • A printed copy of your last credit card account statement
  • Access to your retirement fund balance
  • A calculator

What am I going to get from this course?

  • Create and maintain a monthly household budget
  • Execute a plan to pay off all debt
  • Save money consistently
  • Isolate and eliminate poor spending habits

What is the target audience?

  • This course is for any teen or adult with any income range
  • This course is for those who feel financially stuck and need a kickstart

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: How Resourceful are You?
03:11

In this lesson you'll see the link between your financial knowledge and your behavior. You'll also see the impact your behavior has on the amount of resources you have. Now is also a great time to download the course workbook. In the workbook you'll find tables and charts to fill in with your numbers, plus a page for notes.

Section 2: Past, Present, Future
07:03

In this lesson you'll break down the lifecycle of your financial life, from your past, to your present, to your future.

02:18

In this first Take Action section you'll use a few highlighters and your bank statement to determine how much of your current income is going to your past, present, and future.

Section 3: How to Pay Off Debt... Effectively
04:59

Debt obligates you to your past. It can also prevent your current dollars from preparing you for your future. In this lesson we'll discuss the three common methods people use to pay off debt, and which is the best to use. Use the workbook to figure up your net worth. Net worth is an excellent way to measure progress.

02:11

You need to get out of debt. You know this. Here is a plan to get you there. Use the 'Momentum Method' table in your workbook to chart your course.

Section 4: Spending, Budgeting, and Behavior, Oh My!
06:49
Budgeting. To many, it's a bad word. After this lesson, it will be your new reality. Budgeting isn't bad. In fact, it can take your financial life from stressful to calm. Use the Ideal Budget in your workbook to see how your current spending percentages line up with the ideal percentages.
03:13
Now that you know the importance of budgeting, here is a budgeting trick to get yourself started. It requires a few highlighters, your bank statement, and a calculator. That's it.
Section 5: The Relationship Between Spending and Saving
04:40

Not spending money is great, but it isn't the same thing as saving money. In this lesson we'll discuss the difference and how you can correct the problem.

01:54

Use the chart in your workbook to figure up your weekly spending average. Then track your weekly spending for the next 9 weeks. Any time you spend less than your spending average make a transfer to your savings account.

Section 6: Behavior Trumps Math
01:45

Math won't solve all your financial problems. Behavior is the real key. In this lesson we'll go through ways you can fix your financial life in the long-term.

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Instructor Biography

Peter Dunn, Personal Finance Expert and Author

Peter Dunn a.k.a. Pete the Planner® is an award-winning comedian and an award-winning financial mind. He's a USA TODAY columnist and the author of ten books, six of which were featured in a nationwide launch at Barnes & Nobles stores in January of 2015. He is the host of the popular radio show The Pete the Planner Show on 93 WIBC FM and is a columnist for the Indy Star. Pete has appeared regularly on CNN Headline News, Fox News, Fox Business as well as numerous nationally syndicated radio programs. In 2012, Cision named Pete the fourth most influential financial broadcaster in the nation.

You might find Pete carrying a man purse. The truth hurts.

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