Jennifer Welsh – Money School Personal Finance Made Simple
Description of Money School Personal Finance Made Simple
Learn the system I used to pay $30K in debt and start investing in the stock market.
People work so hard to make money.
Then they don’t take care of their money.
Getting money is only your half-way point.
Once you have it, you gotta put it to work for you.
Most people will struggle with money their whole lives.
Why?
They don’t pay attention to details.
They earn & spend without planning.
That kind of relationship with money makes life hard, no matter your income.
Getting organized is your key to financial security. Money School will get you organized so your money can start working for you!
You’ll learn these basics of money management:
The week-by-week strategy I used to pay my debt
A simple, 4-step game plan to a proper budget
My fool-proof strategy for mindful spending
3 critical components to setting up a savings plan
One tried-and-true method to start investing in the stock market.
I share realistic tips for managing your money. And by the end of this short course, you’ll understand how debt, budgeting, spending, saving, and investing all work together (for you or against you).
What will you learn in Money School Personal Finance Made Simple?
Contents
Part 1: Course Intro
Intro, objectives & outline
Laying Your Foundation
Part 2: Debt
What is debt?
Why does it matter?
A game plan for paying debt
Questions to consider before taking on new debt
Part 3: Budgeting
The importance of budgeting
How to create your budget
How to track & analyze your progress
Part 4: Spending
The Spending Mindset
How to reduce spending
Part 5: Saving
Why it matters
The biggest mistake a saver can make
Defining your savings buckets
Part 6: Investing
Why is investing important?
What is the stock market & what is a stock market index?
The power of compounding returns
Basic types of stock market investments
Brokerage options
A simple plan to start investing
Part 7: Your Homework
Your money makeover action checklist.
About Jennifer Welsh
Hi, I’m Jennifer Welsh.
I bought my first stock in 2008. The market had crashed, and my dad, a broker at the time, encouraged me to start. “Everything’s on sale,” he said.
I loved picking stocks and watching them move. But I didn’t have a strategy, and I was terrible with money. So I ended up selling my stocks when I needed money.
Had I held on to those early investments, I’d be sitting on a pile of money today. But I wasn’t thinking long-term. I have a lot of regrets about that.
