Matt Bernstein – Personal Finance: A Rewarding Money Management System
Personal Finance: A Rewarding Money Management System
Valuable Personal Finance Strategies by Budgeting, Saving, Retirement Planning & Eliminating Debt
There’s a large disconnect in the world right now. People can’t see that buying a Starbucks coffee everyday is costing them HUGE amounts of money. They’re asking the wrong questions, “will buying this coffee ruin my finances today?” Of course not! But, overtime it will.
It’s easy to save for retirement, but it’s also just as easy not to do. It’s easy to save 10% of your salary into your 401k, but it’s also easy not to do. The difference between successful people and not is they actually put in the work. They recognize that small wins, compounded over many years equal success.
The average person works 215 days a year for 40 years. They might buy a $2 coffee before work, they might buy a lunch at work every day too. These can be seen as bad habits formed early in their career.
Did you know that if you bought a $3 coffee before work for 40 years, you’ve spent $25,800 on coffee? That doesn’t even account for inflation. Or if you bought a lunch every day for $7 at work for 40 years, you’ve spent $60,200.
Combine both of that spending, and you’ve neglected to put in over $85,000 into your retirement fund over 40 years.
That’s only 2 small changes. If you learn how to cook, you can eat better tasting food and be healthier too. It’s the power of compounding good habits over time. It’s easy to do on a daily basis, but it’s easy not to do.
Do you want to be successful? Learn the correct philosophy when it comes to money management. Make the necessary changes to build better daily habits. This will compound over time and lead to more financial freedom and happiness in life.
You’ll discover many rewarding money management strategies that will take your personal finances to the next stage of your life.
There’s no better day than today to take action and create a better life for yourself by enrolling in the course now.
Introduction to Personal Finance
- Personal Finance Introduction (0:30)
- Calculating Your Net Worth (1:21)
- Calculating Your Real Hourly Wage (1:55)
- Expenses for Life Energy (2:00)
- Calculating a Monthly Budgeting (4:54)
Saving for Retirement
- Paying Off Debt (2:17)
- Build an Emergency Fund (1:29)
- Personal Savings (4:25)
- 401K Basics (2:33)
- Asset Allocation (4:03)
- Investment Strategies (2:24)
- Advice on Financial Advisors (1:10)
- Questions About Investing
Building Credit to Buy a Home
- Starting Credit (3:12)
- FICO Score (8:29)
- Increasing Credit Score (1:38)
- Owning vs. Renting (1:43)
- Types of Mortages (3:01)
Personal Finance Guides
- Advice to Teenagers (4:01)
- Guide to Buying a Car (4:33)