Master Your Money: 6 Steps to Financial Wellness
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Do you ever ask yourself, what should I do with my money? Should I save it, pay off debt, or invest it?
Do you ever look at your bank account and wonder – where did all of my money go?
Do you look at your savings and think – how I am ever going to buy a home? Or retire someday?
If you said YES to even one of these questions, then this is the course for you.
Managing your money is a skill you need to learn and practice. Unfortunately, most of us aren’t taught this at home or at school. It’s something we learn mainly by trial and error, for good and for bad. As a result, many people today, regardless of income, live paycheck to paycheck.
Does this sound like you? If so, that’s ok, but know that you can 100% change that. This course is specifically designed to give you the tools and confidence you need to break the paycheck to paycheck cycle.
Growing up I saw the good and bad of money management. I saw the impact of losing one’s business, home, and financial security. With that, I learned the tools and money mindset I needed to create financial security for myself and my family – and so can you.
As a financial coach, I’ve taken the many lessons I’ve learned and created my 6 Step Financial Priority List. This framework will give you the necessary skills and tools you need to tell your money where to go each month and reach your goals. No more wondering how to save for vacations and for your future. Or wondering, what to do first – save or pay off debt?
Instead, by the end of this course, you will develop a new money mindset and a new set of money tools. In this course you will:
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Gain a clear understanding of your paycheck and where your money is going each month
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Make a clear monthly budget that gives each dollar a job that is aligned with your goals
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Get a clear roadmap for how to prioritize savings and reduce debt
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Discover 2 effective strategies for paying off debt quickly
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Learn tips for becoming a super saver
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Understand the benefits and risks of different saving account options
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Figure out how much you need to save each month to reach your retirement goals
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Feel empowered to make confident financial choices as you pass through different phases of life
Along the way, I will provide examples, practice activities, tips, and tools to help you build a financial plan that’s right for you.
Now is the time to take control of your finances and your future. Let’s get started on this new pathway today!
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8Making vs. Keeping Your Money
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9Your 6 Financial Priority Steps
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10Step #1: Getting Clear & Organized
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11Understanding Working Capital
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12Step #2: Save 1-3 Months Worth of Bills
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13Step #3: Paying Off High-Interest Debt
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14Step #4: Saving 6 Months Worth of Bills
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15Step #5: Saving for Retirement
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16Step #6: Paying off Lower Interest Debt
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33Starting to Save for Retirement
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34Activity: Step 1: Calculating the Monthly Cost of Your Retirement
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35Activity: Step 2: Finding Your Retirement Savings Target
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36Activity: Step 3: Saving for Retirement Monthly
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37Three Retirement Savings Tips to Get You Started
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38Retirement Accounts: The Differences & Similarities
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39Case Study: Tony’s Retirement Accounts
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40Types of Retirement Accounts
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41Rollover IRAs: Combining Your Previous Retirement Accounts
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42Questions to Ask Your Benefits Team