Personal Finance Fundamentals Awareness For Long Term Goals

What you'll learn
Understanding the recession signs and staying prepared without getting too stressed.
Understanding basics to protect yourself from scammers and misinformation being sold as financial advice.
Knowing why ideas from US will not work in a developing country like India etc.
Estimate the balance between loans, income, saving and investment based on 3-5 year horizon.
Knowing when to rent over buying a house. Impact of home loan on career decisions. Not confusing rental income based on mortage funded loans.
Knowing impact of education loan or student debt on long term personal finances.
Understanding risk of investing without saving enough can lead to severe financial problems in future.
Building a necessity based decision framework for personal finance
Differentiate between the noise and information in financial advice and advertisements reaching them.
A foundation to build concrete Plan A and Plan B for next five years without relying on any ponzy schemes.
A solid decision framework to identify the need for an expert and reaching out to them after thorough research and specific questions.
Requirements
Awareness about daily expense manangement is enough.
Curious to learn more about finance to protect needs of family
Willing to take control of financial decisions and not fall for quick windfall scams
No special understanding of financial instruments is needed.
Not looking for quick get return schemes
Description
In this course, you will learn the basics of personal finance and gain a framework for making sound financial decisions throughout your life.Have you ever wondered if ESOPs are the best way to get rich? Or who needs life insurance and why? What about medical insurance and inflation - how do they affect your expenses? These are just some of the questions this course will answer.We'll also cover the role of the economy and finance in daily life, how loans are interrelated, and how banks work as a business. Plus, we'll explore who prints currency notes and how the government gets its income.But that's not all! We'll also discuss how to stay prepared for a recession, how to spot a recession based on interest rates and inflation, and whether recessions and slowdowns are really that rare.As a student, you'll gain a framework to understand the financial factors that will shape your career. As an early-stage professional, you'll learn how to build moats to increase your risk-taking capacity and pursue your dreams. And as a sole breadwinner, you'll discover tools to amplify your capacity without burning out.Throughout the course, you'll develop the ability to ask relevant questions based on your current responsibilities and stage of life. And you'll come away with a clear understanding that personal finance is not a choice - it's a duty.Please note that this course does not promote any specific investment advice or product, nor does it provide any foolproof solutions to personal finance-related problems. We also do not offer stock or trading-related advice, or general rules or hacks that apply globally.Personal finance is about understanding diverse instruments like gold, cryptocurrencies, and real estate, as well as fundamentals like inflation, debt, and banking. By the end of this course, you'll have a solid personal finance decision-making framework for the rest of your life.The course uses real-life financial decisions based on the instructor's experiences from three recessions across two countries (the U.S. and India). And with regular updates, you can be sure you're getting the most up-to-date information.Enroll today and take control of your personal finances!The top Questions the course will answerAre ESOPs the best way to get rich?Who needs life insurance?Why care about medical insurance?How is inflation affecting my expenses?What is the role of the economy and finance in daily life?How are loans interrelated?How do banks work as a business?Who prints the currency notes?How does the government get its income?How to stay prepared for a recession?How to spot a recession based on interest rates and inflation?Are recessions and slowdowns that rare?Check out the course preview for more!Key Takeaways:As a student, a framework to understand the financial factor that will allow shaping your career.As an early-stage professional, a sound argument is to start building moats to increase the risk-taking capacity to pursue dreams.As a sole breadwinner, a set of tools one could use to amplify their capacity without burning out.For all, personal finance is a duty, not a choice.Ability to ask relevant questions based on your current responsibilities at your stage of life.What doesn't the course offer?The course does not promote any specific investment advice or product promotion.The course does not recommend any foolproof solution to any personal finance-related problem.The course does not provide any stock or trading-related advice.The course does not include general rules or hacks considering the global reach.
Who this course is for
People from third world or developing countries planning to build a stable future and retirement corpus.,Graduates or professionals trying to figure out ESOP or employee stock options,Students looking forward to complete degree and start earning or planning to get higher education,Early stage professionals understanding investments and taxes,People planning to start family or get married in near future,People planning to buy a car, home or take an expensive vacation,Anyone interested in fundamental entities involved that affect personal finance
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