Personal Financial Well-Being

Generating positive cash Flow, Accumulating wealth, and Protecting what you have!
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  • Lectures 70
  • Contents Video: 10.5 hours
    Other: 6 mins
  • Skill Level All Levels
  • Languages English, captions
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 1/2014 English Closed captions available

Course Description

Money is important.

Money sets limits on your dreams, hinders or magnifies your happiness, and dictates the quality of your life.

And yet... They taught you next to NOTHING about how to manage it in school! The result has been a generation who has mismanaged budgets, racked up debts, defaulted on mortgages, lost investments, and failed to keep retirement plans. While a small proportion of the country has figured out how to make money work for them, most of us are part of the shrinking middle class who are losing out.

That's where Personal Financial Well Being comes in. University Instructor and former Silicon Valley Chief Financial Officer Richard Okumoto has developed this course for the Dot University to narrow the Wealth GAP and demystify personal money management.

The course applies two core techniques which Accelerates Time-to-Knowledge. Starting with a landscape view then introducing primary building blocks provides an accelerated path to connect-the-dots on how money works:

  • How do you manage your money?
  • How do you manage debt?
  • How do you determine your financial wealth?
  • How do you pay your fair share of taxes, and nothing more?
  • How do you prepare for retirement?
  • How should you invest your money?
  • How do you prepare your estate for when you pass on?

Personal Financial Well Being means having the answers to all of these questions and knowing how they interlock and work together. The course is built on the following (3) CORE Building Blocks (GAP Approach):

1. Generating Positive Cash Flow – “Understanding your money to keep more of it!”

Tools and techniques to understand your money. This includes: Personal Budgeting, Debt Management, Personal Income Taxes, and Retirement Planning (Part 1).

2. Accumulating Wealth – “Understanding Wealth; how to create it and how to hold onto it!”

Tools and techniques to understand wealth creation and retention. This includes: Determining Wealth, Investing (part 1 & 2), and Retirement Planning (Part 2).

3. Protecting What you Have – “How to conquer Financial Risk!”

Tools and techniques to understand asset protection. This includes: Insurance (part 1 & 2) and Estate Planning.


Who might benefit from this Course – Anyone who wants to remove fear from finances and master their Personal Financial Well Being.

What are the requirements?

  • Desire to Acquire Personal Financial Well Being
  • Basic math skills
  • Basic Excel Spreadsheet skills desirable

What am I going to get from this course?

  • Master Personal Financial Well Being
  • Understand Personal Budgeting
  • Understand Debt Management
  • Understand Personal Income Taxes
  • Understand Retirement Planning
  • Understanding Determining Wealth
  • Understand Basic & Advanced Investing
  • Understand Insurance
  • Understand Estate Planning

What is the target audience?

  • Anyone who wants to take control of their money.
  • Anyone who wants to accumulate wealth.
  • Anyone who wants to protect what’s precious in life.

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: Generating Positive Cash Flow > Personal Budgeting
Personal Budgeting Introduction
Preview
07:06
What Budgeting Looks Like
08:45
How to Budget: Start with a Goal
08:14
Collect Historical Data
06:38
Forecasting Income & Expenses
06:38
Managing Your Budget
07:32
Course Recap
04:50
Budgeting Quiz
11 questions
Section 2: Generating Positive Cash Flow > Debt Management
Introduction to Debt Management
05:15
What Debt Looks Like
11:41
Nature of Debt
21:48
Cost of Debt
21:23
Ability to Acquire Debt
07:45
Debt Recap
08:13
Debt Management Quiz
15 questions
Section 3: Generating Positive Cash Flow > Personal Income Taxes
Introduction to Personal Income Taxes
07:06
What Personal Taxes Look Like
12:03
Self-Assessment
06:41
Tax Rules (IRC)
14:16
Tax Reduction Variables
09:07
Tax Recap
03:30
Personal Tax Quiz
14 questions
Section 4: Generating Positive Cash Flow > Retirement Planning Part 1
Introduction to Retirement Planning
05:14
What Retirement-Part 1 Looks Like
08:16
Social Security & Medicare
12:20
Other Cash Generators
10:49
Defined Benefit Plan-Pension
06:33
Retirement Planning-Part 1 Recap
06:23
Retirement Planning Part 1 Quiz
10 questions
Section 5: Accumulating Wealth > Determining Wealth
Introduction to Determining Wealth
06:10
What Wealth Looks Like
10:14
What are Assets
10:58
What is Asset Appreciation
11:11
What is Debt
11:20
Determining Wealth Recap
04:20
Personal Wealth Quiz
15 questions
Section 6: Accumulating Wealth > Basic Investing
Introduction to Basic Investing
06:54
What Basic Investing Looks Like
09:27
Cash & Cash Equivalent Investment
10:17
Stock Investments
15:16
Bond Investments
23:06
Mutual Fund Investments
19:11
Basic Investing Recap
05:04
Basic Investing Quiz
18 questions
Section 7: Accumulating Wealth > Advanced Investing
Introduction to Advanced Investing
04:10
Higher Risk Investing
14:00
Managed Accounts
06:31
Real Estate Investing
10:06
Modern Portfolio Theory
04:16
Financial Service Professionals
06:35
Advanced Investing Recap
05:44
Advanced Investing Quiz
10 questions
Section 8: Accumulating Wealth > Retirement Planning Part 2
Introduction to Retirement-Part 2
03:39
What Retirement-Part 2 Looks Like
02:25
Personal After-Tax Savings
08:22
Personal Tax-Deferred Savings
09:13
Employer Tax-Deferred Savings
08:22
Retirement-Part 2 Recap
05:01
Retirement Part 2 Quiz
8 questions
Section 9: Protecting What You Have > Insurance Part 1
Introduction to Insurance-Part 1
Preview
06:30
Dealing with Risk
09:28
Personal Risk - Health Care
10:50
Personal Risk - If Bad Things Happen
11:22
Insurance-Part 1 Recap
02:41
Insurance Part 1 Quiz
16 questions
Section 10: Protecting What You Have > Insurance Part 2
Introduction to Insurance-Part 2
05:07
Homeowner Insurance
14:03
Car Insurance
13:57
Personal Liability Insurance
10:42
Insurance-Part 2 Recap
04:27
Insurance Part 2 Quiz
9 questions
Section 11: Protecting What You Have > Estate Planning
Introduction to Estate Planning
09:23
Estate Planning Process
06:43
Trusts
15:58
Wills
12:12
Powers of Appointment
14:39
Gift & Estate Taxes
08:03
Estate Planning Team
06:05
Estate Planning Recap
08:35
Estate Planning Quiz
17 questions
Section 12: Tool Box Calculators
6 pages

Compounding Explanation & Calculations

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Instructor Biography

Richard Okumoto, University Instructor & Business Leadership

Richard has 8 years of university teaching experience. Richard is currently on faculty with San Jose State University teaching in both the Lucas Graduate School of Business MBA Program and the Lucas College of Business. He teaches the Capstone MBA course in Strategic Thinking, MBA classes applying technology to business, and an undergraduate large format online course in personal finance. Richard is also on faculty with California State University at Long Beach teaching in the College of Business Administration. There he teaches the Capstone undergraduate business course on Business Strategy & Policy, undergraduate courses on General Management, an MBA course covering International Business, and the Capstone MBA course in Strategic Analysis. Richard is also on faculty at the Keck Graduate Institute (part of the seven university Claremont Consortium). There he teaches the Bioscience Business Strategy course to graduate and post-doc students. 

Richard is also the Administrative Director for the 52 year old International Collegiate Business Strategy Competition (ICBSC) where Universities from around the world compete virtually and face-to-face. The competition is a training ground for our 21st century leaders. California State University at Long Beach is the current host of the ICBSC.

Richard has over 30 years of experience in the Silicon Valley where he held such positions as: CEO, CFO, and Division GM for several publicly-traded and private technology companies. He has served and currently serves as a public, private, and non-profit Board member. He has served and currently serves as the Chairman of the Audit Committee for these companies. He was a Whistleblower CFO in a public company under the Sarbanes/Oxley Act of 2002 - chronicled in a Harvard Business Review (HBR) case study. He is qualified as an Independent Director & Certified Financial Expert.

Richard holds a BS Degree in Accounting from San Jose State University, where he also attended the MBA program, holds an MA Degree from Gonzaga University in Communications, and is currently a PhD student in the Information Science department at Queensland University of Technology. Richard holds the Personal Financial Planning Registered Financial Consultant designation RFC® from the IARFC.

R.Y. Okumoto

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