Personal Finance for High Earners
Learn the frameworks and mental models you need to make personal finance decisions
Description
Personal finance shouldn't be complicated. This course will introduce you to the fundamentals of personal finance and help you set up the mental models and Excel models to make good decisions for your own financial situation.
The content in this course is tailored towards high earners interested in topics like financial independence and early retirement, rather than a general audience, so instead of "steps" or "methods" for paying down debt or starting a side business, the course will cover the key mental models and frameworks you need to understand to reach your own financial goals.
Each video in this course will start with explaining the basics of a concept like budgeting or investing, dive in to the key equations and frameworks for understanding the concept, and then walk through real-life examples of building a financial plan, choosing a career, or valuing an asset.
By the end of this course, you should have a strong understanding of topics like behavioral economics, financial planning, finance and investing, and feel confident making deliberate and informed decisions about your finances.
We'll cover the following topics in this course:
Behavioral Economics - How people make predictably irrational decisions
The Basics - The two primary equations in personal finance
Planning and Budgeting - How to turn those equations into a useful financial model
Work and Compensation - How to think about choosing a career
Finance 101 - Discounted cash flows and the basics of valuation
Investing 101 - Where finance meets the real world
Balance Sheet 101 - Understand assets and liabilities to build a picture of your net worth
Financial Goals - How to use your financial model to reach your financial goals
Happiness - Don't put this off until after you've retired
What You Will Learn!
- The fundamentals of personal finance
- Frameworks and mental models to make financial decisions
- Cognitive biases that cause people to act irrationally
- How to build a personal financial model
- The basics of valuation and investing
- The basics of assets, liabilities, and the balance sheet
- How to plan for financial goals with a model
- What actually makes people happy
Who Should Attend!
- People who want to learn frameworks and principles of personal finance
- People who want to learn about behavioral economics
- People who are high earners
- People interested in retiring early or achieving financial independence