Personal Finance Autopilot - Budgeting Made Easy!

Learn the keys to effortless money management: build your budget, set and track goals, and watch your bank account grow!
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  • Lectures 12
  • Length 1 hour
  • Skill Level All Levels
  • 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 6/2014 English

Course Description

This course is designed to help anyone get a better grasp on their personal finances by building a budget and a personal balance sheet, or net worth statement.

As an engineer, I'm constantly trying to build systems to automate repetitive tasks, and always trying to make things easier, more efficient and more effective.

I've tried several methods for budgeting, from manually tracking all my spending and filling out worksheets each month, to complicated software that never quite works the way I want it to, and I always quit after a short time out of frustration - so I built my own.

I think I have a system that's very simple and intuitive, with a lot of useful effort-free features, and most importantly, it's easy to stick to.

We'll go step by step through the system, which is basically a couple of simple Microsoft Excel spreadsheets, and I'll show you how to customize it for yourself. Along the way, we'll talk about all of the important financial principals behind it like fixed vs. variable expenses, liquid and illiquid assets, and how to set up an emergency fund with your savings.

Once you're set up (some short videos and just a little bit of homework), here's what you should have:

A complete picture of your personal finances, including:

  • How much you spend each week and each month, broken down into the categories you care about most.
  • A budget based on your real spending, where you can see the current picture and set goals for the future.
  • A net worth statement, showing everything you own vs. what you owe.

You will be able to easily:

  • View automatically updated graphs of your spending over the last year.
  • Fine tune goals for your budget, track your progress and watch your success translate into a higher net worth.
  • Perform what-if scenarios that help you to make better financial decisions. For example:
    • Should you buy or lease that car (and how much should you pay)?
    • Should you rent an apartment or buy a house?
    • Can you afford an extra vacation if you cut back on going to the movies?

You'll see instant improvements in your financial well being:

  • Reduce your "waste" spending
  • Less worrying each month about forgetting bills, or not being able to pay them
  • Be prepared for making investments, applying for loans and credit without digging through years worth of receipts

Hopefully this course will be like giving yourself a raise. You'll be able to take more vacations and use your money the way you want to, without it disappearing under your nose... And your stress level will go way down: you'll have the piece of mind in knowing where you stand at all times!

What are the requirements?

  • Willingness to spend some time setting up your budget
  • Microsoft Excel (I used 2010, but 2007 and up should work fine - if not, I'll make compatible versions of the worksheets)
  • There's still lots of useful info here if you don't have Excel. You'll still learn all about how to build a great budget and net worth statement, and all the principals behind good personal money management. There are other tools that you can use to keep track... I just like mine better!

What am I going to get from this course?

  • Learn all the most important fundamentals of managing your finances
  • Build a budget based on your real spending
  • Build a personal balance sheet (net worth tracker)
  • Improve your spending habits (start saving)

What is the target audience?

  • Anyone who's never built a budget or personal balance sheet (net worth statement), but wants better control of their financial life
  • Anyone who's tried budgeting but quit because of annoying, cumbersome software, or tedious manual tools
  • Anyone who wants to keep their finances private (offline), and needs a good system

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: Introduction
03:36

CashTricks.com presents:

This is the basic introduction to the course. I'll cover what you'll learn inside, like the basic parts of the budgeting system, and how you'll benefit from setting it up for yourself and using all the information inside.

Also, check out the website to go along with the course at www.cashtricks.com. I regularly post other personal finance tips, articles & tools that will help you beyond building your budget.

02:21

CashTricks.com presents:

Welcome to the course! First we just need to get you set up with the excel spreadsheets we'll use throughout the course. Click on the supplemental materials tab at the top to download the files. The macro enabled worksheet (Spending Tracker & Budget) is in a .zip file so you'll have to extract it to the location of your choice before you can use it.

Also, check out the website to go along with the course at www.cashtricks.com. I regularly post other personal finance tips, articles & tools that will help you beyond building your budget.

Section 2: Budget Setup
03:00

CashTricks.com presents:

The first part of setting up your budgeting system is to define the categories into which you'll separate your spending. This is how you'll personalize the budget and make it the most useful for your particular spending habits.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

04:18

CashTricks.com presents:

This lecture goes through setting up the spending tracker so you can get started using it. You need to start collecting some spending data before you're able to make an accurate budget, so let's get started!

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

04:24

CashTricks.com presents:

This is a quick lecture / presentation where we'll talk about what I think is the number one rule for successfully building your savings - Pay Yourself First.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

06:43

CashTricks.com presents:

In this presentation you'll learn about fixed and variable expenses. They're handled differently in your budget, so you'll want to know what the differences are and how to think about each one. We'll also discuss how to separate your expenses into needs and wants.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

04:11

CashTricks.com presents:

In this lecture we'll go through how to set up the fixed expenses section of your budget.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

04:23

CashTricks.com presents:

In this lecture we'll go through how to set up the variable expenses section of your budget.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

05:55

CashTricks.com presents:

This lecture covers the last step in setting up your budget - your income. Figuring out expenses is only half the battle. If you only go this far, you might have a future working for the government :) In the real world, we need to compare our expenses to our income so we can figure out how much we're able to save (or need to cut) each month.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

Section 3: Net Worth
04:30

CashTricks.com presents:

In this lecture we'll cover the concept of net worth. It's the metric financially savvy people use to track their progress over time. Once you implement your budget and start saving, you'll want to set more long term goals, and net worth is how you track your success.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

03:51

CashTricks.com presents:

In this lecture we'll cover an important concept when it comes to investing and saving - Asset Liquidity.

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

06:39

CashTricks.com presents:

In this final lecture, we'll go through setting up your net worth tracking spreadsheet. It's the last step to putting your finances on autopilot. Once this is up and running, you'll have a system to keep you on track that you hopefully won't have to change for years!

Also, check out my blog at www.cashtricks.com. If you sign up for my email list, I'll keep you up to date on my new courses and lots of other personal finance tips and articles.

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Instructor Biography

Bernie Gridley, Engineer & Entrepreneur

I'm an engineer / material scientist by training with an M.S. in Material Science. I've spent the last 10 years working in manufacturing, helping to take businesses from research & development to mass production in the energy storage industry. I've also founded / helped start multiple companies myself, and have gotten a lot of experience on the business / financial side along the way.

My real passion, and what I'm best at, is numbers & data analysis. I like to make things better, by automating them and making them more efficient - not just in the engineering world, but in everyday life too.

Personal finance is a perfect example, and a problem I think a lot of people struggle to solve, so I'm hoping to share my work so that other people can benefit from my efforts!

Aside from work, I love the outdoors, music and airplanes!

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