FM 04 – Leveraging Secrets of the Wealthy
Leveraging Secrets of the Wealthy
Top 7 Secrets of the Wealthy
In Financial Mastery 04, you will learn how to apply the secrets of the wealthy into your life.
- The Power of Compound Interest
- The Power of Safe Leverage (Other Peoples’ Money)
- The Power of Arbitrage
- The Power of Insight
- Lectures 14
- Quizzes 2
- Duration 3 hours
- Skill level All level
- Language English
- Students 172
- Assessments Yes
FM2 00 - Welcome to Financial Mastery - Level 2
Learn and experience how wealthy people continue grow wealthy
FM2 01 - Home Accounting System
In this lesson you will Engage the Mindset of the Wealth Accumulator Take a high level view of Home Accounting System , You will Setup Your Paper Based Filing System, Setup and Organize Your Online Web Accounts, Setup Your Password Management System (Strong Passwords, Setup Your Online Banking & Bill Pay Process
FM2 02 - Emergency Plan and Liquidity Fund
The Goal of this Class is to create a plan for emergencies, and to guide you, step by step in the proper funding of your ELF. (Emergency Liquidity Fund) You will use your Performance Tracking and Budgeting Software to create and ELF account and start making monthly contributions until you have fully funded it.
FM2 03 - Tracking Your Monthly CashFlow
In this course you are going to lean how to use your Performance Tracking & Budgeting Software to track when money is coming in, going out, where it's going, and which accounts you're using.
FM2 04 - Creating a Monthly Spending Plan (Budget)
In this workshop, you will take a detailed look at your expenses year-to-date (YTD), and you will assign expense categories to each. Many of your transactions with familiar vendors, will already be categorized, and in that case you will just confirm. You will also review the previous calendar year and do the same. You are going to view your expenses, and assign by each category (Travel, Food, Home, etc) and update any 'uncategorized' or 'mis categorized' expenses.
FM2 05 - Trimming Financial Fat (Cutting Expenses)
In this course you are going to lean how to log credit card payments, and how to transfer money between your bank accounts.
FM2 06 - Crushing Your Debts
In this course you are setup all your recurring monthly bills by connecting them to the BILLS section of Quicken. By doing so, you will be able to project how long the money in your primary checking account will last with all the bills pending in the future.
FM2 07 - Boosting Your Credit Score
FM2 08 - Understanding Insurance
FM2 09 - Investing 101