By the end of this course, you will be able to
Understand the meaning of financial freedom and offer strategies for achieving it, how to avoid falling into the rat race, and achieve financial balance.
Recognize the concepts of value, money, and inflation and understand the effect of inflation on financial value. You will also learn to build your own income list.
Differentiate between assets and liabilities and analyze the factors and habits that distinguish between the rich and the poor. In addition to understanding the main steps for preparing an effective personal budget.
Understand how to manage and pay off debt effectively, and set financial goals based on personal priorities. Design an investment portfolio that suits your financial goals and personal risk level.
Course details
- 3 h 50 m/35 lessons
- Last updated: 31/3/2024
- 2 learning resources
- Course completion certificate
Course Content
Course Introduction
Rat Race
Introduction to the Course and Its Target Audience
What Will We Learn During the Course?
Course Introduction
Introduction to the Course and Its Target Audience
What Will We Learn During the Course?
Rat Race
Financial Freedom Meaning
Money Life Story
Definition of Inflation
Cash Flow Statement and Balance Sheet
Meaning of Income and Expenses
Meaning of Assets and Liabilities
How Do the Rich and the Poor Think?
The Meaning and Importance of Budget
How Do You Build a Budget?
Examples of Budget Formats
How Do You Monitor the Budget?
Tips for Budget Adherence
Saving Is Not a Choice!
How to Start Saving Regardless of Your Income?
Best Practices for Successful Saving
Tips for Commitment to Saving
Emergency Fund
How to Build an Emergency Fund?
Types of Debt
Is Borrowing Good or Bad?
How to Get Rid of Debt?
The Importance of Setting Financial Goals
What Is the Meaning of Financial Goal?
Achieving Financial Goals
How to Calculate the Money Needed for Financial Freedom?
Do You Work for Money? Or Does the Money Work for You?
What Is the Meaning of Investment Assets?
Returns Vs. Risks
What Is the Meaning of Investment Portfolio?
How Do You Build an Investment Portfolio That Suits You?
Course Wrap Up
About this course
In a world full of financial challenges, mastering personal finance management is crucial. This course will provide you with the knowledge and tools necessary to achieve this. During this course, we will explore the most important financial concepts such as financial freedom and how to escape the rat race. We will learn about concepts such as financial value and inflation, learn how to build an income statement, and understand the difference between assets and liabilities. This is in addition to understanding how to apply successful financial methods. We will also reveal the secrets of preparing and tracking personal budgets, and we will take a look at the importance of saving and how to achieve it, regardless of your income. We will also cover the topic of debt and how to get rid of it effectively. We will learn about the concept of an emergency fund and how to create it to ensure preparedness for financial hardships, and we will conclude the course by knowing how to invest smartly.
Course requirements and prerequisites
All you need to get the most benefit from this course is familiarity with the simplest basics of Excel for easy follow-up, in addition to your interest in the course topic and your desire to learn.
Mentor
Mohammad Hassan
Engineer, Investor, and Financial Advisor
1,242 Learners
1 Course