Money 101 – The Beginner’s Guide to Managing Your Money Properly

Lessons Overview

Lesson 1 provides a summary of personal finance. It sounds like a big term, and it is. What it is, the areas and steps that are followed in personal financial management.

Lesson 2 will guide you through setting financial goals, which is a complicated way of saying you’ll write a list of all the fancy cars, pretty shoes, fertile farms and moneybags you’d like to buy.

Lesson 3 will help understand cash-flow and worth. This part is enlightening, because you find out what you’re really worth. If you demand a dowry – girl or guy – this would be the number of cows on your head.

Lesson 4 will show how you can buy all those things from Lesson 1 using five key tools:

  1. Income
  2. Savings
  3. Insurance
  4. Investments
  5. Debt

In Lesson 5, you will learn how to use your tools by becoming the man [or woman] with the plan. And you won’t just have a plan – you’ll have the know-how to make it work.

Lesson 6 is the action section where you get up and do something with the knowledge you’ve acquired. It’ll cover the common problems faced, how to -Overcome them and the best way to stick to your plan.

Lesson 7 is a lot like the Worst Case Scenario series. You will learn what can go wrong, how it can go wrong, and what you can do to fix it. You’ll look back on the path you’re on and figure out how to stay on it. It’ll also cover changes that may not necessarily be classified as worst case e.g. getting a child, getting married or getting promoted.