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Financial Literacy


1.1.Why Financial Literacy Matters?
-> Within the course you will learn: What is Financial Literacy? Why does Financial Literacy matter? How to improve financial skills? What are the Four Pillars of Financial Literacy? The Real Cost of Not Knowing How Financial Literacy changes our daily decisions? First Steps


1.2.Your Money Story: Breaking Bad Patterns
Within the course you will learn: What is "Money Bad Pattern"? Why is it important to break money bad patterns? How to break money bad patterns? Audit of own personal money patterns. Practical steps, exercises.


1.3.SMART Financial Goals Framework
Within the course you will learn: What is "SMART Financial Goal"? Why is it important for FInancial Goal being SMART? How to set SMART Financial Goal Framework? Common pitfalls and how to avoid them Practical steps, exercises.


1.4.The 30-Day Money Challenge
Within the course you will learn: What Is the 30-Day Money Challenge? Why to take 30-Day Money Challenge? Action plan Obstacles Practical steps, exercises.


2.1.Understanding Your Income: Gross vs Net
Within the course you will learn: What is the difference between the gross and the net income? Why understanding own income matters? Paycheck breakdown: visual guide Calculations Common mistakes to avoid Practical steps, exercises.


2.2.Fixed vs. Variable Expenses: Taking Control of Your Spending
Within the course you will learn: Types of expenses: fixed vs. variable expenses Taking control of own spending Action plan Practical steps, exercises.


2.3.Track your income flow
Within the course you will learn: What is "Income Flow"? How to track and control income flow? Common mistakes to avoid Practical steps, exercises.


2.4.Rule of 50/30/20
Within the course you will learn: What is "50/30/20 Rule"? How to break down the budget? Common challenges Adjustment of the rule in different stages of life Practical steps, exercises.


3.1. Budget Fail
Within the course you will learn: What is Budget? Why does budget matter? What is "Budget Fail"? Reasons of the Budget Fail How to fix the budget fail? Common mistakes How to build a budget that actually works Your 30-day budget reset plan Practical steps, exercises.


3.2.Zero-Based Budgeting Method
Within the course you will learn: What is zero-based budgeting method? Why does zero-based budgeting method work? The zero-based budgeting process (flowchart) Challenges Practical steps, exercises.


3.3.The Envelope System for Beginners
Within the course you will learn: What is the envelope system? Why is the envelope system useful? How does the envelope system work? Digital envelope system: modern solutions Tips for success with the envelope system Challenges Practical steps, exercises.


3.4.Budget Review & Adjustment Process
Within the course you will learn: What is budget review and adjustment? Why is the budget review and adjustment? Monthly review checklist Common budget variances How to actually adjust your budget Practical steps, exercises.
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