Personal Finance For Beginners W Professor Senko: Course 1

Course 1: Where to start. Learn to understand and calculate YOUR NET WORTH

What you'll learn

Understand the basics of your personal finances

Understand what "Net Worth" means

Be able to calculate your own Net Worth

Understand why Net Worth is the foundation of your personal finances

Requirements

No experience required. This course is for complete beginners who don't know where to start

Description

Do you know your Net Worth?  Most people don't.  Nor do they even know what it means.I have done in-depth 1 on 1 volunteer financial counseling for over 100 people, and nearly all of them did not know their Net Worth.  Yet, in order to properly manage your personal finances, you must know and understand your Net Worth.  In this short, simple course I will walk you through everything you need to know to understand and calculate your own net worth.  The course consists of the following:- A spreadsheet template, which I will show you how to open and use- Definitions of the important terms- Step by step instructions on how to use the spreadsheet to calculate your own net worth (I even show you my own personal documents, so you can use those as an example for inputting your own data)- A summary of what the end result means…and how to use this info going forwardThe course is comprised of 6 short videos, each approximately 5 minutes long.  The videos are designed to be easily digestible and entertaining, so they do not require a huge commitment of time or money.Can you devote 5 minutes a day…for 1 week…to start getting a handle on your finances?  If so, you are in the right place!

Overview

Section 1: Course 1: Your Net Worth

Lecture 1 Introduction

Lecture 2 Definition of Terms

Lecture 3 Liquid Assets

Lecture 4 Household Assets

Lecture 5 Investment Assets

Lecture 6 Liabilities & Summary

Adults who want to improve their financial situation,Adults and young adults with no exposure to personal finances,Adults who feel they have no control over their finances,Adults who feel overwhelmed by their finances,Adults who don't know where to start in terms of finances