• Post category:StudyBullet-5
  • Reading time:5 mins read




What you will learn

 

Taxes and Inflation

 

Capital Consumption

 

Income, Profit and Gains

 

Primary and Secondary Income Sources

 

Challenges and Reasons to Save

 

Savings Mindset and Minimalism

 

Living on Investments

 

Investment Precautions

Description

Ever wondered why lottery winners end up losing all their money? They surely had the capital to invest and enough money to hire a good Wealth Manager. Or how seemingly average people with average jobs retire rich or even pay for their children’s college tuition?

Ever wondered why your flashy colleague struggles with college tuition? Or your senior, who drives a luxury car, struggles with house mortgage? Also wonder why trust fund kids are restricted by their own parents? Since they grew up around money, shouldn’t they be good with managing money?

As money has more to do with psychology rather than hard skills, unlike others, this course is provides practical perspective with simplified explanation of financial concepts along side behavioural economics

This is prepared to help you develop the mindset necessary to achieve financial success.


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Unlike most of the courses or books on getting rich, this course does not jump to investment.

Rather the course focuses on everything that you need to know to reach the point when you have enough money to invest.

Yes, everyone plans to invest and save but most of us fail even before reaching the nearest bank.

Nobody plans to fail, but they usually fail to either make a plan or stick to the plan. And this course helps with both!

 

 

Course Image by Brittany Bendabout on Unsplash

 

English
language

Content

Introduction

Introduction

Capital

What is Capital
Safeguard from Government
Safeguard from Self
Safeguard from Market Forces
Understanding Capital

Income

What is Income?
Primary Income Source
Secondary Income Source – Passive
Secondary Income Source – Business
Differences: Income, Profit and Gains
Understanding Income

Savings

Why to Save?
The Savings Mindset
The Minimalist Mindset
Living on Investments
EXTRA: Utility Consumption
Understanding Savings

Conclusion

Summary and Conclusion
Things to Know Before Investing