Finance
Personal Money Basics: Budget, Save and Take Control
Learn money as a subject, not just a budget. Draw on two classics, The Richest Man in Babylon by George S. Clason and Rich Dad Poor Dad by Robert Kiyosaki, to understand saving, spending, assets and liabilities, income, debt and financial literacy. Build your own money statements and a 90-day plan, with practical exercises and a practical final exam. Free. Education only, not financial advice.
BEGINNER 320 min · 20 lessonsBy Career Forge
What you'll learn
- Explain where money comes from and where yours goes
- Apply the ten percent habit of paying yourself first
- Tell assets from liabilities and read a simple income and balance statement
- Use the seven cures from The Richest Man in Babylon to fix a lean purse
- Understand earned, portfolio and passive income
- Separate needs from desires and control spending
- Handle debt, insurance and emergencies at a basic level
- Build a personal money system and a 90-day plan
Requirements
- A phone, notebook or free spreadsheet
- Your rough monthly income and spending (estimates are fine)
- No finance knowledge needed
Curriculum
The Money Mindset
- 👋 Welcome: money is a subject you can learnPreview
- 📜 Arkad of Babylon: the first lessonPreview
- 🏠 Assets and liabilities: the Rich Dad ideaPreview
- 🧠 Quick check: the money mindset
The Seven Cures for a Lean Purse
- 🪙 Cure 1: Start thy purse to fattening
- ✂️ Cure 2: Control thy expenditures
- 🌱 Cure 3: Make thy gold multiply
- 🛡️ Cure 4: Guard thy treasures from loss
- 🏡 Cure 5: Make of thy dwelling a profitable investment
- 🛟 Cure 6: Insure a future income
- 🎓 Cure 7: Increase thy ability to earn
- 🧠 The seven cures checkpoint
Build Your Money System
- 🧾 Your income statement and balance sheet
- 💳 Debt: friend or enemy?
- 📅 Irregular income and emergencies
- 🧾 Assignment 1: Your financial statements
- 📅 Assignment 2: Fix the leaks and plan 90 days
Final Exam: Build Your Money System
- 🧰 Money wisdom cheat sheet
- 🏁 FINAL EXAM: Build your personal money system
- 🎓 You did it! Certificate and what is next