Personal Finance 101: A Practical Guide For Managing Money
If you’re reading this, it’s likely you’re ready to get serious about personal finance. Let me take this moment to say…
Congratulations!
You are doing something to change your life for the better and that deserves recognition. Before we begin, I’d like to give you a little background on me, and about what you’ll learn in this guide.
What you will learn:
• Introduction
• What is personal finance?
• Personal finance 101
• Get organized, informed and in control
• Perform a self-audit
• Create a budget
• Make your budget and financial goals visible
• Save a $1000 resiliency fund
• Start paying yourself first
• Focus on becoming debt-free
• The debt snowball
• The debt avalanche
• Attack your debt and burn the bridges
• Find the “why” that motivates your
• Protect yourself and your family
• Save up for an emergency fund
• Wills and estate planning
• Investing for the future
• The buy and hold strategy
• Money management system
Personal finance can be overwhelming when you start digging into it, so we’ll focus on the basic concepts you should know. While it’s not all going to be a walk in the park, I’ll highlight simple, actionable things you can do starting today that will provide you huge results in the future.
Personal finance encompasses everything to do with how you manage your money. It includes budgeting, saving, investing, retirement planning, and more. Every adult should have a basic understanding of personal finance since it impacts so many aspects of your life. The great thing is that it’s not a very complicated subject, it just takes dedication to do learn the right habits.
1. Get organized, informed, and in control
2. Focus on becoming debt-free
3. Protect yourself and your family
4. Begin Investing for your future
5. Pursue financial independence and/or early retirement
Made with love by Subject Mastery Academy
If you’re reading this, it’s likely you’re ready to get serious about personal finance. Let me take this moment to say…
Congratulations!
You are doing something to change your life for the better and that deserves recognition. Before we begin, I’d like to give you a little background on me, and about what you’ll learn in this guide.
What you will learn:
• Introduction
• What is personal finance?
• Personal finance 101
• Get organized, informed and in control
• Perform a self-audit
• Create a budget
• Make your budget and financial goals visible
• Save a $1000 resiliency fund
• Start paying yourself first
• Focus on becoming debt-free
• The debt snowball
• The debt avalanche
• Attack your debt and burn the bridges
• Find the “why” that motivates your
• Protect yourself and your family
• Save up for an emergency fund
• Wills and estate planning
• Investing for the future
• The buy and hold strategy
• Money management system
Personal finance can be overwhelming when you start digging into it, so we’ll focus on the basic concepts you should know. While it’s not all going to be a walk in the park, I’ll highlight simple, actionable things you can do starting today that will provide you huge results in the future.
Personal finance encompasses everything to do with how you manage your money. It includes budgeting, saving, investing, retirement planning, and more. Every adult should have a basic understanding of personal finance since it impacts so many aspects of your life. The great thing is that it’s not a very complicated subject, it just takes dedication to do learn the right habits.
1. Get organized, informed, and in control
2. Focus on becoming debt-free
3. Protect yourself and your family
4. Begin Investing for your future
5. Pursue financial independence and/or early retirement
Made with love by Subject Mastery Academy
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