Personal Finance Basics

Personal Finance for Beginners: Master Budgeting, Saving, and Investing for Financial Success

What you'll learn

Fundamentals of Money Management: Students will gain a solid understanding of essential personal finance concepts, like budgeting and cash flow management.

Time Value of Money: One will understand that money today is worth more than the same amount in the future due to factors like interest and inflation.

Goal Setting for Financial Success: Students will develop the skills to set clear, achievable financial goals and create actionable plans to reach those goals.

Building a Systematic Plan: The course teaches how to create a systematic, well-structured investment plan tailored to one's financial goals and risk tolerance.

Requirements

A stable internet connection

Any device that allows one to access the course videos

Description

This one - hour Personal Finance course offers a comprehensive introduction to managing your money effectively, designed for individuals looking to build a strong financial foundation. The course begins with an Introduction to Personal Finance, exploring key concepts and the importance of financial literacy. You’ll then learn the Basics of Personal Finance, covering essential terms and strategies to get started. The course delves into the Time Value of Money, helping you understand the impact of time on wealth accumulation and financial decisions.A critical section on Setting Financial Goals provides tools to plan and prioritize your financial aspirations. You’ll also explore Personal Budgeting and Cash Flow Management, learning how to create a budget, track spending, and ensure a steady cash flow. The Saving Techniques chapter offers practical advice on how to save effectively, including tips for building emergency funds and long-term savings.We’ll introduce you to investment and explain the key concepts of risk and return. Finally, the course wraps up with the creation of a Systematic Investment Plan, guiding you through the process of developing an investment strategy that aligns with your goals and risk tolerance. This course equips you with the knowledge to take control of your financial future.

Overview

Section 1: Personal Finance

Lecture 1 Introduction To Personal Finance

Lecture 2 Learning The Basics

Lecture 3 Time Value of Money

Lecture 4 Setting Financial Goals

Lecture 5 Personal Budgeting and Cashflow Management

Lecture 6 Saving Techniques

Lecture 7 Introduction to Investment

Lecture 8 Creating A Systematic Investment Plan

Lecture 9 Portfolio Creation & Risk Management

Lecture 10 The Road Ahead

Lecture 11 Personal Finance Key Takeaways

Lecture 12 Personal Finance Glossary

Lecture 13 Personal Finance FAQs

Individuals aiming to improve financial literacy,Persons interested in setting financial goals,Young adults,Students interested in developing basic personal finance knowledge,Individuals approaching retirement or retired individuals,People interested in building wealth