Master Personal Finance with Excel

Let me being by asking few simple questions...

• Have you ever received many credit card offers and was wondered which ones to go for?
• Have you ever wandered why some people are so rich?
• Have you ever felt confused when an investment product was explained to you?
• Have you ever thought how to plan my expenditure and cash flows?
• Have you ever had someone taking about retirement savings and you were stressed out?
• Have you ever been out of money?
• Have you been utterly confused with the personal finance jargon or terms?
• Have you ever dream of having financial abundance?
• Have you ever felt the urge to be your own personal financial planner?
• Have you ever wondered why my value of money is going down or things are becoming expensive?
• Have you ever though of consulting a Investment Psychologist (Personal Finance Planner) but couldn't afford their fees?
• Have you ever though to be Financially Independent?
• Have you ever though why loan / credit is so expensive / costly?
• Have you ever had difficulty in understanding math behind personal finance?

If your answer to most of the above questions is YES! Then this is the Course for you!

Why Personal Finance is so difficult?

• Schools don't Teach you to Manage your Money!
• 9 out of 10 people think that Financial Goals seems impossible to reach, Understanding Money is So HARD, Spending Today is Good (tons of Debt), Investing is TOUGH, Always out of Budget, Don't know how to get rid of financial hardship (stress), Confused with choices.
• No one us told about Power of Compounding
• No one taught us to manage our expenses
• No one taught us the math of personal finance - The RIGHT & EASY way!
• No one taught us to Do-it-Yourself of Personal Finance and Investing

What you'll learn...

• Section-I

  Personal Finance Concepts

  1. Setting GOAL & GOAL Basis the Timeline: Short Term, Mid Term, Long Term
  2. Illustration of SMART GOAL
  3. Vivid Life Cycle & Life Stages
  4. Understand your Net Worth – Exercise
  5. How Positive and Negative Impacts you
  6. Calculate & Plan Expenses – Exercise
  7. Design your own House Hold Budget
  8. Is the credit card interest worth paying?
  9. Why do I spend more than expected?
  10. 20% Club
  11. Cash Flow Planning
  12. Cash Flow Planning – Exercise
  13. Rule of 6
  14. Decide which Bank is the Best 
  15. What happens, when the bank FAILS?

• Section-II

   Rules of Personal Finance - The non-calculator Maths at your figure tips!.

  1. Rule of Double
  2. Rule of Triple 
  3. Rule of Quadruple
  4. Rule of Eight Times 
  5. Rule of 69
  6. Rule of 15

• Section-III

   Behavioral Finance & Investing

  1. 2 Key Rules
  2. Why it is different for different people?
  3. What influences their behavior?
  4. Information Overload
  5. Overconfidence  
  6. Anchoring
  7. Loss Aversion
  8. Familiarity Bias
  9. Herding
  10. 9 Ticks of Behavioral Finance & Investing 

• Section-IV

  Risk Profiling & Asset Allocation

  1. Risk Profile Basis Age
  2. Risk Profile Basis Risk Profile
  3. Asset allocation
  4. Risk Return Trade off
  5. Risk Tolerance Matrix

• Section-V

  Foundations of Investments & Investment Products

  Key Concepts of Investing:

  1. Investment / Saving
  2. Interest
  3. Annual Percentage Rate (APR)
  4. Returns
  5. Inflation
  6. Risk
  7. Power of Compounding - The Super Power of Multiplier 
  8. Risk
  9. TEAR & PAT - The RISK
• Investment Products:
  • Stock / Equity / IPO
  • Mutual Funds
  • Precious Metals Investing : Gold, Silver & Precious Metals
  • Fixed Instruments
  • Bonds
  • ETF - Exchange Traded Funds
  • Small Saving Schemes
  • Insurance: Life and General Insurance
  • Derivative
  • Alternate Investments: Private Equity, Start-Ups, Cryptocurrency etc

• Equity/Stocks and IPO - Initial Public Offer

  1. How to Identify Right Stocks?
  2. What do you need to Invest in Stocks?
  3. Why to Invest?
  4. How to Invest in Stocks: Price to Earning Ratio – P/E Ratio, Debt to Equity Ratio, Price to Book Value, Return on Equity – ROE, Current Ratio

• Mutual Fund

  1. Key concepts: Units, Nav, Loads etc.
  2. 14 Types of Mutual Fund
  3. Options in Mutual Fund: SIP, SWP, STP...
  4. 12 Benefits of SIP Investing- Systematic Investment Plan
  5. 6 Things to avoid while investing in SIP

• Real Estate investing

  1. Benefits of investing in Real Estate
  2. 4 cost associated with Real Estate
  3. 7 Variety of Real Estate
  4. 13 costly mistakes to avoid - investing in real estate

• Gold / Silver or Precious Metal Investing

  1. 5 Easy ways to invest
  2. Risk associated with Investing in Precious Metal

•  Fixed Investments, Bonds & ETFs

  1. Certificate of Deposit / Fixed Deposits Benefits

• Bond :

  1. Various Basket of Bond : Government Bond, Corporate Bond, Municipal Bond, Zero Coupon Bond, Junk Bond
  2. Key Concepts: Par Value, Face Value, Coupon etc
  3. 5 Risk of Investing in Bonds
  4. Benefits of Investing in ETFs
  5. Risk of Investing in ETFs
  6. Small Savings Schemes: PPF, National Savings Scheme, Schemes for Senior Citizen

• Cryptocurrency Investing

  1. How to Invest?
  2. What are the type of Cryptocurrency Investing?
  3. 12 Key Points to remember while investing into Cryptocurrency

•  Insurance, Derivative & Private Equity

  1. Life Insurance
  2. General Insurance
  3. Complex Concepts Simplified - Derivative
  4. Types of Derivative
  5. Overview of Private Equity / Start-ups
  6. Common types of Private Equity
  7. How to Invest into Private Equity? 

• Section-VI

   Financial Planner & Robo-advisory

  1. Do you need Financial Planner?
  2. A Slice of Robo-Advisory
  3. Top Robo-Advisory
     
     

• Section-VII

  1. Specific Goal Planning & Time Value
  2. Education, Dream Car, Dream Home, Savings for Retirement etc.
  3. Time Value : PV, FV, Annuity, Annuity Due
  4. Practical Exercises
     
     

• Section-VIII

   Credit Facilities

  1. Home / Mortgage Loan
  2. Car Loan
  3. Personal Loan
  4. Education Loan / Study Loan
  5. Credit Card
  6. Is it worth to buy a property or rent it?
  7. Rule of 30%
  8. Rule of 2%
  9. 6 Credit cards – Deadly Mistakes
  10. 10 Ways NOT to be a Credit cards Defaulter
  11. Is it wise to take Personal Loan or Home Loan / Mortgage Loan?
  12. Is it wise to buy a Brand New Car?

• Section-IX

  Learn to be a Rock Star Expense Planner:

  1.  15 To Stop Sending On
  2. 122 Easy Ways to be a Rock Star Expense Planner - Exercise

• Section-X

   Credit Rating, Credit Score & Credit Report

  1. Overview
  2. What is Credit Score Range?
  3. Credit Bureau
  4. Importance of Credit Score
  5. How to get Credit Score/ Report - Legally
  6. 7 Ways to Repair your Credit history
  7. Control Credit

• Section-XI

  1. 10 Pro Tips to Memorize
  2. Financial Apps (Software tools) for Android & iOS

IMPORTANT:

EXCEL Course Project:

Note: Ms-Excel (Microsoft Excel) 2007 or above recommended (Windows / Mac) for the projects.

Please use Mac Version for Mac PC/Laptop & Windows Version for Windows PC/Laptop(win7 and above recommended).

There are multiple class projects which are included in the exercise demo. Please download only one exercise at a time (this will help you to understand and practice one concept at a time).

Exercise - 1: Understand your Net Worth – Excel Exercise

Exercise - 2: Calculate & Plan Expenses – Excel Exercise

Exercise - 3: Design your own House Hold Budget – Excel Exercise

Exercise - 4: Cash Flow Planning –  Excel Exercise

Exercise - 5: Learn various rules of personal finance - try it out! (No exercise file - please refer demos)

Exercise - 6: Time Value / Specific goal planning  – Excel Exercise

Exercise - 7: Magical Rock Star Expense Planner (Power to you!)  – Excel Exercise

Disclaimer:The information provided in this course should not be used as financial advise or recommendation, neither it should be viewed as a financial promotional or affiliation tool or advertisement nor it supports or endorse any tools or company illustrated throughout the course, should not be substituted for consulting a financial advisor, planner or allied professional in the applicable jurisdictions. This course outline the broad road map to manage your personal finance. The author or Tutorialspoint disclaim the liability or any damage, risk, loss or obligations incurred directly or indirectly. The situation is dynamic and can change anytime due to various factors. The  author is directly or indirectly or otherwise is not under obligation, risk or liability due to use of information given in this course.