Money Management 101: Beginner's Guide to Financial Freedom
- Description
- Curriculum
- FAQ
- Reviews
Post any questions you have on my facebook page! -ManOntheStreetFinance-
Follow this step by step guide to pack up your finances and take 4 concrete steps to achieve financial freedom.
You will get recommendations on steps to take if you answer the questionnaire that comes with the course.
In this journey, you will evaluate your own financial standing, understand what you want and create a strategy to get to your goal.
Step 1: Evaluate where you stand and what you want
Step 2: Understand your finances
Step 3: Optimise debt, spending and income
Step 4: Allocate your savings
If you want to retire at 45 or at 60, or if you simply want to understand how to go about money management, this guide will help you personalise your plan.
Background:
After 10 years in finance, I realised that investing and financial services are provided to those who can afford it. That leaves out most of the population. After years of reading, trying and making mistakes, I came up with a simple and effective method that everyone can follow to become financially free. Discipline and consistency are your best friends on this journey.
– Your decisions today will shape your tomorrow –
-
1
Course IntroductionCourse Introduction
Who will benefit from this course?
Things to prepare
Overview of the journey to financial freedom
Check out my channel for more practical examples
https://www.youtube.com/channel/UCGXTJWNxrdCsYw-wXKr-gCQ/featured?view_as=subscriber
-
2
Defining Financial Freedom
What are the checkboxes for financial freedom?
Do you know how much you need to retire comfortably?
-
3
Understanding You and Your Money
Step 1: Understanding Yourself
Step 2: Understanding Your Finances: Spending & Income
Learn how to assess your financial standing
-
4
Assessing Where You are Financially
Use the excel sheet attached to get your personalised financial report!
Recommended savings allocation
How much can you spend when you retire?
How much do you need to save to retire comfortable?
Tailored recommendations to get to financial freedom
-
5
Dealing with Your Debt and Spending
Step 3: Optimising Debt & Spending
Learn about debt management
Learn how to spend sustainably and increase your savings along the way
-
6
Savings Allocation - Rainy Day funds & Insurance
Step 4: Allocating Savings
What do we do with the savings we accumulate? Leave it in a bank? Buy into investment products? Buy a house?
Learn how to allocate your money according to your circumstances and preferences
-
7
Savings Allocation - Roof Over Your Head
Having a roof over your head - To Buy or to Rent?
-
8
Savings Allocation - Concepts behind Your Retirement Portfolio
Basics of Creating a Retirement Portfolio
Key concepts to grasp
Understanding different asset classes
-
9
Savings Allocation - Creating Your Retirement Portfolio
Creating Your Retirement Portfolio
Knowing the key attributes of a retirement portfolio
Assessing your risk appetite
How to allocate among the different asset classes
Understanding why you should always be invested
-
10
A Plan for the Future
What are the foreseeable spendings in the future? Can you prepare for it?
How to maximise your tax savings?
Get Started
Academy
Cookies are small data files that a website surreptitiously sends to your computer, often in the form of text files or image files. Cookies allow us to store or retrieve information about your browser, which might be used to identify who you are. This data is usually utilized to make the site function as you expect it to. You have the option of opting out of some cookies since we value your privacy. To learn more and change your settings, click on one of the category titles below. Blocking certain types of cookies, on the other hand, may seriously impair your site experience and access to services.
These cookies allow the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.
Cookies that we have set on this site to allow you to share our content with your friends and networks are the reason why these cookies exist. They can keep track of your browser across different sites and build a profile of your interests. This may influence the material and messages you see on other websites. You may not be able to use or see these sharing tools if you don’t accept these cookies.
Cookies from advertising partners may be utilized on our website to create a profile of your interests and display relevant adverts on other websites. They do not collect personally identifiable information, although they are built on the unique identification of your browser and internet device. You will receive less targeted advertising if you decline these cookies.
These cookies are essential for the website to run and can’t be deactivated in our systems. They’re usually only set in response to actions carried out by you, which amount to a request for services – like setting your privacy preferences, logging in or filling out forms. You can modify your browser settings to block or alert you about these cookies, but some parts of the site won’t work properly if you do. These cookies don’t store any information that could personally identify somebody.
Counting visits and measuring activity is essential to maintaining a well-performing website. These cookies allow us to do just that by providing information on which pages are the most/least popular, how users move around the site, etc. Without these cookies, we wouldn’t be able to improve our site’s performance.
Join our inner circle and never miss a beat
New courses, new information and new skills have the potential to drastically improve your life. Make sure you don’t miss any and get informed automatically.
* We hate spam and promise you to not send anything that you don’t want. By signing up you agree to our privacy policy.