Financial Basics Everyone Should Know

Learn how to effectively navigate your finances to ensure you have a successful financial future. This course discusses savings, investments, insurance, and retirement.

Introduction: What Is Finance?

• Getting a handle on your finances

1. Save

• Understanding how banks operate
• Understanding bank rates
• Using certificate of deposits
• Understanding credit scores

2. Invest

• The stock market
• Determining when to adjust assets
• Determining the value of a stock
• Setting up a brokerage account
• Investing with mutual funds
• Investing with ETFs
• How bonds work
• Diversifying your portfolio

3. Insurance

• The basics of insurance
• The basics of life insurance
• The basics of property insurance
• Deciding whether HSAs are right for you

4. Retire

• Considering the four principles to retire
• Applying two rules for retirement
• Choosing between 401(k) and 403(b)
• Using Roth IRAs and SEP accounts

Conclusion

• Wrap up