A large part of happiness is being financially secure. When you don't know how your bills will get paid or how you'll take care of the mortgage or how you'll put food on the table, it's almost impossible to be truly happy, because no matter what, you'll always have those worries in the back of your mind. So, managing money well, and laying up resources in store for for the future is vital, because none of us, especially not the weathermen, know when the rainy days will come. With this in mind, I'd like to let you in on some secrets I learned about yesterday; a plethora of tools and learning materials that are too much to all be used, but are at least enough to get you on the right track.
Enter BYU's Personal Finance program. They have generously provided an online course, as it were, on everything personal finance. The Beginner Lessons provide the proper foundation to learn about personal finance, by teaching you about the proper motivation behind managing money, setting both personal and financial goals, the basics of credit, charitable giving, etc. The Intermediate Lessons deal with specific issues that most if not all of us will face in adult life, like debt, time-value of money, insurance, etc. The Advanced Lessons teach exclusively about investing and retirement. Dr. Sudweeks, a professor in the personal finance department and a professional investor, taught a mini-lesson on the basics of investing. (BTW - he is also one of those Point of Choice people; he retired early as an investment manager to come to teach at BYU.) In this lesson, he taught us many of the basics provided in these lessons, and I really enjoyed what he had to say. I would STRONGLY encourage you to check these lessons out by visiting this website.
Also, as a side note, I would encourage you to look at the videos in this YouTube search about Dave Ramsay. He is a prominent financial management lecturer based in Salt Lake City who, through his charismatic atitude and Southern accent, make learning these principles interesting, to say the least. Also on YouTube, check out the Real Financial Heroes series, which mockuments the absurdity of the modern consumer mindset.
Enter BYU's Personal Finance program. They have generously provided an online course, as it were, on everything personal finance. The Beginner Lessons provide the proper foundation to learn about personal finance, by teaching you about the proper motivation behind managing money, setting both personal and financial goals, the basics of credit, charitable giving, etc. The Intermediate Lessons deal with specific issues that most if not all of us will face in adult life, like debt, time-value of money, insurance, etc. The Advanced Lessons teach exclusively about investing and retirement. Dr. Sudweeks, a professor in the personal finance department and a professional investor, taught a mini-lesson on the basics of investing. (BTW - he is also one of those Point of Choice people; he retired early as an investment manager to come to teach at BYU.) In this lesson, he taught us many of the basics provided in these lessons, and I really enjoyed what he had to say. I would STRONGLY encourage you to check these lessons out by visiting this website.
Also, as a side note, I would encourage you to look at the videos in this YouTube search about Dave Ramsay. He is a prominent financial management lecturer based in Salt Lake City who, through his charismatic atitude and Southern accent, make learning these principles interesting, to say the least. Also on YouTube, check out the Real Financial Heroes series, which mockuments the absurdity of the modern consumer mindset.
Dave Ramsey is based out of Tennessee,but he is coming to Salt Lake City on May 16 to do a TotalMoneyMakeover Live Event.
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