Personal Finance Fundamentals - Module 1
Personal Finance Fundamentals Module 1 sheds light on the purpose of financial plans – the why, what, and how – as well as how to set goals considering a beneficiary’s needs, wants, and wishes. The five basic building blocks of financial planning are explored in detail. These financial planning building blocks include saving, spending, giving, income, and budgeting. Risk management and long-term factors are reviewed. Finally, the module concludes with an applied learning exercise that allows students to create their own basic budgets. This module is perfect for those with some understanding of finance.
Prerequisites: Trust Fundamentals and Foundations of Tax Recommended
Estimated Completion Time: 3 hours
Featured Resources:
Podcasts/Videos
- Podcast with Octavian Pilati entitled, Managing Succession in Crisis
- Podcast with Jazmín Aguilera entitled, The Cut-How do I Deal With My Rich Friends
- Podcast with Fernando Pou and Rino Schena entitled, Thinking Outside the Box: Insurance Solutions for Families
- Podcast with Ron Cordes entitled, Moving to 100% Impact: The Cordes Family Story
- Podcast with Christina Burroughs and Will Froelich entitled, Capital Sufficiency
Links/Articles
- Family Retirement Goals Calculator
- Education Goals Calculator
- Basic Budget Review Sheet
- Annual Budget Review Sheet
- Wealth Workbook
- Access your courses anytime, anywhere, with a computer, tablet or smartphone
- Videos, quizzes and interactive content designed for a proven learning experience
- Unlimited access. Take your courses at your time and pace
- This program is designed to take 1-2 months with approximately 10-15 hours per week of study. If you put in more hours per week, you will finish sooner than the predicted 1-2 months
