Step-by-Step Guide to Cutting Monthly Expenses
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Step-by-Step Guide to Cutting Monthly Expenses

Comphrehensive course that help the student cut their daily expenses by 50% or more and save more for their retirement
0.0 (0 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.
490 students enrolled
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • 3 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Save 50% or more on their daily spending, reduce credit card debt, learn about retirement savings strategies and asset allocation
View Curriculum
Requirements
  • Notes to write personal goals and Microsoft excel software or equivalent installed
Description


Welcome to the course on “How to cut your expenses by 50%”. You might be wondering if this is the right course for me. Let me help you there -- I made this course to teach people on how to save money on their daily spending, reduce credit card debt, and how to allocate funds in retirement accounts and also relieve credit card debt. You are someone who wants to save money and reduce your debt and this course will help you get there

In this course, I cover personal finance management basics and step by step guide to saving money. The course also teaches budget tracking and finance management and helps track you income and expenses.

The course covers saving money in all facets of life starting from your daily expenses like shopping, grocery and entertainment expenses. Then I help you balance your budget with a free budget balance tool. I also show you free apps that will help you balance the budget. We also the look at your retirement savings accounts, employer matching and reduce the fees you pay for these accounts. Overall this course will help save money in different areas and you will find that the combined savings will be close to 50% of your income.

The course feature multiple lessons on saving money along with short quiz in some sections. The course also includes a free budget tracker template for download and we also walkthrough the steps to use the template to track your income and expenses. If you follow the course completely then you can fully understand utilize the concepts in your life to save money. The only prerequisite for this course is the desire and motivation to save money. Start this course today and apply these concepts tomorrow


Who is the target audience?
  • This course is open to all who are motivated to save money
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Curriculum For This Course
34 Lectures
01:34:00
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Introduction to the Course
2 Lectures 02:55

This lecutre gives a brief introduction to the course

Preview 00:45

This lecture covers the course description, the pre requisites and a introduction to the instructor.

Preview 02:10
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Section 2: Balancing Your Budget
4 Lectures 11:11

Students will learn about the financial reasons in saving money and also fill out the personal motivation questionnaire to help stay on track

Preview 03:41

Students will learn about the common categories of daily spending

Preview 01:19

In this lecture, students will learn about personal budgeting and using the budget tracker template to track monthly income and expense.

Preview 05:46
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Section 3: Deep Dive Into The Savings
6 Lectures 28:20

Students will learn a unique method to save money on food that will cut costs

Lecture 7: Cutting Your Food Expenses
07:56

Lecture 8: Communication Expenses
07:29

Lecture 9: Entertainment Expenses
04:05

At the end of this lecture, students will understand the Konari method of cleaning, how to cut impulse purchase shopping and how to save money on shopping expenses.

Lecture 10: Shopping Expenses
06:36

Lecture 11: Recap of Savings
01:56
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Section 4: Apps That Help Save Money
5 Lectures 12:13

Why apps are critical to save money and how to levarage apps for personal finance

Lecture 12: Overview of Apps That Help Save Money
01:00

The students will learn about the Mint app and a tutorial on how to use the app the budget, track expense and save

Lecture 13: Mint for Budget
04:22

Lecture 14: Free Credit Check
02:41

  • Students will learn how to use apps to trade stocks without paying any commission fees.
Lecture 15: Zero Commission Stock Trading
01:21

Lecture 16: Misc Apps That Help Save Money
02:49
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Section 5: Stop Paying HIgh Credit Card Fees
3 Lectures 05:29
Lecture 17: Credit Card Fees Overview
00:18

Students will learn how stop paying high credit card fees and ways to pay no fees.

Lecture 18: Low / no interest APR transfers on credit cards
03:22

Lecture 19: Check Statements
01:49
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Section 6: Secrets To Maximize Your Investment And Savings And Pay Less Tax
5 Lectures 15:10
Lecture 20: Pre Tax Overview
00:29

Students will learn about HSA accounts and pre tax deductions

Lecture 21: Using Pretax to Cover Medical and Childcare Costs
05:31

This lecture covers 401K accounts, employer matching and why we should start saving early for retirement

Lecture 22: 401k max and advantages of 401k
03:28

Students will learn about individual retirement accounts, maximum contribution limit and type of IRA accounts available

Lecture 23: IRA Accounts (Traditional and Roth IRA advantages)
02:54

Lecture 24: 529 College Savings Plan
02:48
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Section 7: How to Save Thousands Over Lifetime by Choosing Low Fee Funds
3 Lectures 08:36
Lecture 25: Fund Expense Overview
00:35

  1. At the end of this lecture, students will clearly understand low cost funds, expense ratio and how even a small difference in expense ratio will affect retirement savings by $50,000
  2. Students will also learn how to select funds in their retirement accounts.
Lecture 26: Low Cost Mutual Funds
05:00

Critical lecture where the importance of asset allocation is explained. Students will also learn the type of risk and type of assets to choose and how age plays a role in the asset allocation process.

Lecture 27: Asset Allocation
03:01
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Section 8: Conclusion
6 Lectures 10:06

Lecture 29: Tips and Tricks to Save More Money
03:35

Lecture 30: What We Have Covered So Far
01:35

Lecture 31: Want Vs Need Discussion
02:22

Lecture 32: Stay On track
01:43

Lecture 33: Ask Questions in Forum to Get Answers
00:32
About the Instructor
Dr. Rajesh Krishnan
0.0 Average rating
0 Reviews
490 Students
2 Courses
PhD, Software Engineer

Professionally a product manager with PhD in computer engineering. Wide experience across software programming, product development, and management. Have a passion for helping people through teaching technology, product development and money management. My goal is to effectively deliver course content that my students can practically adapt in their day to day life and start seeing results right away.

Udemy Instructor Sudha Surendiranath
0.0 Average rating
0 Reviews
490 Students
1 Course
Design Engineer

Professionally a design lead with vast experience spanning product development and project management. Interested in teaching technology, finance and education and wish to make a positive impact through my coursework.