An Easy, Practical, and complete guide to gain a solid foundation on personal finances and manage money in a better way…Learning the basics of personal finance from investing in budgeting and all in between will help you build a better future and mitigate some of the risks. Only a few courses or books on personal finance are available online. Most of them are either too complex to implement or lack practical application in real life. You will also find budgeting worksheets or tips about how to build savings on a penny. You may need practical, hands on training to build more complete and accurate wealth, such as retirement savings or other longterm goals. This course does exactly that If you have economic stress if you want to know more about your personal finances if you want a method to be followed to achieve your personal finances if you want a method to be followed to achieve your financial freedom… This course is for YOU!
This course equips you with the right set of tools and techniques to be wise with your personal finance.
What you will learn (comprehensive outline):
Section1
Personal Finance Concepts
Setting GOAL & GOAL Basis the Timeline: Short Term, Mid Term, Long Term
Illustration of SMART GOAL
Vivid Life Cycle & Life Stages`
Understand your Net Worth – Exercise
How Positive and Negative Impacts you
Calculate & Plan Expenses Exercise
Design your own House Hold Budget
Is the credit card interest worth paying?
Why do I spend more than expected?
20% Club
Cash Flow Planning
Cash Flow Planning Exercise
Rule of 6
Decide which Bank is the Best
What happens, when the bank FAILS?
Section2
Rules of Personal Finance The Easy Maths of Personal Finance.
Rule of Double
Rule of Triple
Rule of Quadruple
Rule of Eight Times
Rule of 69
Rule of 15
Section3
Behavioral Finance & Investing
2 Key Rules
Why it is different for different people?
What influences their behavior?
Information Overload
Overconfidence
Anchoring
Loss Aversion
Familiarity Bias
Herding
9 Ticks of Behavioral Finance & Investing
Section4
Risk Profiling & Asset Allocation
Risk Profile Basis Age
Risk Profile Basis Risk Profile
Asset allocation
Risk Return Tradeoff
Risk Tolerance Matrix
Section5
Foundations of Investments & Investment Products
Key Concepts of Investing:
Investment / Saving
Interest
Annual Percentage Rate (APR)
Returns
Inflation
Risk
Power of Compounding The Super Power of Multiplier
Risk
TEAR & PAT The RISK
Stock / Equity / IPO
Mutual Funds
Precious Metals Investing: Gold, Silver & Precious Metals
Fixed Instruments
Bonds
ETF Exchange Traded Funds
Small Saving Schemes
Insurance: Life and General Insurance
Derivative
Alternate Investments: Private Equity, StartUps, Cryptocurrency etc
Equity/Stocks and IPO Initial Public Offer
How to Identify Right Stocks?
What do you need to Invest in Stocks?
Why to Invest?
How to Invest in Stocks: Price to Earnings Ratio P/E Ratio, Debt to Equity Ratio, Price to Book Value, Return on Equity – ROE, Current Ratio
Mutual Fund
Key concepts: Units, Nav, Loads, etc.
14 Types of Mutual Fund
Options in Mutual Fund: SIP, SWP, STP.
12 Benefits of SIP Investing Systematic Investment Plan
6 Things to avoid while investing in SIP
Real Estate investing
Benefits of investing in Real Estate
4 cost associated with Real Estate
7 Variety of Real Estate
13 costly mistakes to avoid investing in real estate
Gold / Silver or Precious Metal Investing
5 Easy ways to invest
Risk associated with Investing in Precious Metal
Fixed Investments, Bonds & ETFs
Certificate of Deposit / Fixed Deposits Benefits
Bound :
Various Basket of Bound: Government Bond, Corporate Bond, Municipal Bond, Zero Coupon Bond, Junk Bond
Key Concepts: Par Value, Face Value, Coupon, etc
5 Risk of Investing in Bonds
Benefits of Investing in ETFs
Risk of Investing in ETFs
Small Savings Schemes: PPF, National Savings Scheme, Schemes for Senior Citizen
Cryptocurrency Investing
How to Invest?
What is the type of Cryptocurrency Investing?
12 Key Points to remember while investing in Cryptocurrency
Insurance, Derivative & Private Equity
Life Insurance
General Insurance
Complex Concepts Simplified Derivative
Types of Derivative
Overview of Private Equity / Startups
Common types of Private Equity
How to Invest in Private Equity?
Section6
Financial Planner & Roboadvisory
Do you need a Financial Planner?
A Slice of RoboAdvisory
Top RoboAdvisory

Section7
Specific Goal Planning & Time Value
Education, Dream Car, Dream Home, Savings for Retirement etc.
Time Value: PV, FV, Annuity, Annuity Due
Practical Exercises

Section8
Credit Facilities
Home / Mortgage Loan
Car Loan
Personal Loan
Education Loan / Study Loan
Credit Card
Is it worth to buy a property or rent it?
Rule of 30%
Rule of 2%
6 Credit cards – Deadly Mistakes
10 Ways NOT to be a Credit cards Defaulter
Is it wise to take Personal Loan or Home Loan / Mortgage Loan?
Is it wise to buy a Brand New Car?
Section9
Learn to be a Rock Star Expense Planner:
15 To Stop Sending On
122 Easy Ways to be a Rock Star Expense Planner Exercise
Section10
Credit Rating, Credit Score & Credit Report
Overview
What is Credit Score Range?
Credit Bureau
Importance of Credit Score
How to get Credit Score/ Report Legally
7 Ways to Repair your Credit history
Control Credit
Section11
10 Pro Tips to Memorize
Financial Apps (Software tools) for Android & iOS
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