Approaching Your Finances with Purpose-The Benefits of Financial Planning
About Your Instructors
Course Introduction
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Activity - Financial Knowledge
The Basics of Financial Planning
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Activity - Identify Interests, Fears, and Questions
Life Cycle of Financial Planning
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Tips for Creating a Financial Plan
Approaching Your Finances with Purpose-The Financial Planning Process
Financial Planning in 6 Steps
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How to Plan for Your Future
Approaching Your Finances with Purpose-Your Relationship with Money
Understand the Human Side of Personal Finances
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Overview of Money Personalities
Activity-Take Your Money Personality Assessment (KSMI)
Deep Dive into Personality 1 - Money Worship
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Deep Dive into Personality 2 - Money Avoidance
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Deep Dive into Personality 3 - Money Vigilance
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Deep Dive into Personality 4 - Money Status
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Approaching Your Finances with Purpose-Couples and Money
Managing Finances with a Partner – Where to Start
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Managing Finances with a Partner – Joint Accounts, Separate Accounts or Some of Both?
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Working with Your Partner on Finances
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Approaching Your Finances with Purpose-How Emotions Impact Your Finances
What is Behavioral Finance?
Understanding and Overcoming Loss Aversion
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Understanding and Overcoming Hindsight Bias
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Understanding and Overcoming Confirmation Bias
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Understanding and Overcoming Reference Bias
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Understanding Your Net Worth and Credit Score-Understanding What You Own
What is Net Worth and Why Does it Matter?
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What is an Asset?
Types of Assets - Understanding What You Own
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Measuring and Assessing Your Liquidity
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What Are the Different Types of Debt?
Types of Debt - Understanding What You Owe
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Using Relay to Understand What You Own and Owe
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Activity - Determine Your Assets, Liabilities, and Net Worth
Understanding Your Net Worth and Credit Score-The Fundamentals of Your Credit Score
What is a Credit Score and Why Does It Matter?
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Who Determines Your Credit Score?
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What is a FICO Score?
Key Components of Your Credit Score
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What’s Your Credit Score?
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Understanding Your Net Worth and Credit Score-Obtaining and Monitoring Your Credit Score
Activity - Obtain and Assess Your Credit Score
How to Request and Review Your Credit Report
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Activity - Obtain Your Credit Report
Understanding Your Net Worth and Credit Score-Improving and Protecting Your Credit Score
How to Improve Your Credit Score
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How to Build Credit Over Time
9 Most Common Credit Score Mistakes
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Protecting Your Credit
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Assessing Your Cash Flow and Taxes-Assessing Your Cash Flow
Understanding Cash Flow
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What is Disposable Income?
Maximizing Your Cash Flow
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How to Improve Personal Cash Flow
Assessing Your Cash Flow and Taxes-Monitoring and Updating Your Cash Flow
Cash Flow Changes in Different Life Stages
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7 Life Events You Should Financially Prepare For
Managing Uneven Cash Flow
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Ways to Determine Your Cash Flow
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Activity - Calculate Your Monthly Cash Flow
Assessing Your Cash Flow and Taxes-Key Financial Ratios for Your Finances
Understanding Different Personal Finance Ratios
How to Evaluate Your Personal Finances
How Much of Your Paycheck Should You Save?
Why Your Debt to Income Ratio Matters
Activity - Calculate Your Financial Ratios
Assessing Your Cash Flow and Taxes-The Basics of Taxes
Types of Taxes
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What Are the Different Types of Taxes?
How Income Tax Withholding Works
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Understanding Your Key Tax Numbers
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How Income Tax Brackets Work
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How Income Tax Withholding Works
Preparing to File Your Taxes
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Taxes - DIY vs. Hiring a Pro
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Planning and Budgeting for Your Future-Selecting the Right Budget for You
Budgeting Basics
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There Isn’t One RIGHT Way to Budget
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5 Different Types of Budgeting Methods
Activity - Identify Your Budgeting Approach
Planning and Budgeting for Your Future-Creating and Maintaining a Budget
7 Tips for Budgeting Success
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How To Make A Budget
Setting Up Your Budget Using the 50/30/20 Approach
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Activity - Build Your Budget
Checking in on Your Budget
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Planning and Budgeting for Your Future-Adjusting Your Budget Over Time
Adjusting Your Budget as Life Happens
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Ways to Reduce Your Spending
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Ways to Increase Your Income
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Ways to Control Excessive Spending Habits
Planning and Budgeting for Your Future-Understanding Your Financial Goals
3 Types of Financial Goals
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6 Tips to Achieve Your Financial Goals
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How to Set Money Goals
Smart Short Term Financial Goals to Set for Yourself
The Importance of Setting Your Long-Term Financial Goals
Planning and Budgeting for Your Future-Your Next Money Move
A Framework for Your Next Money Move
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Why the Order of Your Goals Matter
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Activity - Identify Your Financial Goals
Applying the YNMM Framework to Your Finances
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Planning and Budgeting for Your Future-Refining Your Financial Goals
Setting SMART Financial Goals
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Investing vs. Saving: Finding a Balance