Money 101 – The Beginner’s Guide to Managing Your Money Properly
Introduction and Course Overview
Section 1: Introduction to Personal Finance
- Personal Finance
- 6 areas of Personal Finance Planning
- Steps of Personal Finance Planning
- The Story Of Mwikali
- Fast Track
Section 2: Setting Goals: Where do you want to go?
Section 3: Assessment: Where are you now?
- Getting Started
- Creating a balance sheet
- Creating your income statement
- Mwikali’s Spending Habits
- Fast Track
Section 4: Understanding the Tools to Get The Life you Want
- Introduction
- 1. Income
- Income – Understanding Taxes
- Income – Getting a side hustle
- 2. Saving
- Saving for retirement
- 3. Insurance
- Insurance – Home Insurance
- Insurance – Life Insurance
- Insurance – Auto Insurance
- Insurance – Homeowners Insurance
- Insurance as a tool
- 4. Debt
- Good debt vs Bad debt
- Types of debt
- Debt as a tool
- 5. Investment
- Investments and risk levels
- Mwikali’s side hustle
Section 5: Creating A Plan that You can actually Stick To
Section 6: Execution - Turning plan to Action
Section 7: Staying on Track for life
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