Budgeting in Real Life
Budgeting in Real Life
What you’ll learn
Skills you’ll gain
If you're like most people, you've attempted a budget in your life. But the reality is, most budgets are set up to fail, which is why it’s essential to create a budget that works in real life. In this course, from top financial expert Natalie Taylor, you'll learn how to develop a budget that works. you'll discover how to budget based your own particular values, how to set achievable goals, how to balance your spending and saving, and how to plan for unexpected costs. After watching this course, you'll feel empowered to begin budgeting and securing your financial future.
Syllabus
Download syllabus-
1
Start with values Knowing your core values will help you align the way you spend your money (and your time) with what's most important to you. 1m
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2
Set excellent goals Establishing and prioritizing your goals helps you determine what budgeting will actually help you accomplish. 2m
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3
Pick your system and set up your budget Whether you use an app, a spreadsheet, envelopes or cash, pick a system that will be sustainable for you. 2m
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Balance spending and saving to excel Creating a separate account for saving, spending and splurging sets you up for success at a foundational level. 1m
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2
How to make fun part of your budget Whether you like to splurge on little things often or bigger things every now and then, your fun account is there so that you have guilt-free splurge money. 2m
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How non-monthly expenses throw off your budget Proactively planning for non-monthly expenses gives you a stash of cash to use when expenses pop up. 1m
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Using non-monthly savings to "monthletize" expenses Similar to your fun account, use the cash in your non-monthly savings account when things like your auto insurance bill or your real estate tax bill pop up. 2m
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Money beliefs and their power Subconscious thoughts, beliefs and feelings, often rooted in childhood experiences, have a huge influence on how you deal with money. 3m
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Changing your money beliefs Becoming a student of your inner dialogue will lead you to some interesting insights. 2m
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What your environment looks like You're exposed to thousands of ads per day by companies trying to get your money. 2m
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How to control your environment You are constantly bombarded by opportunities to buy. 2m
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Find the problem If budgeting is frustrating because it feels like there simply isn't enough to go around, start by determining where the problem is so you can solve it. 2m
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Move your boulders and pebbles Your budget issues may stem from small-ticket items or big-ticket items -- your pebbles or boulders. 2m
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3
What if income is the problem? Not having enough income will throw off your budget. 2m
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Common pitfalls for those with inconsistent income Saving the same dollar amount every month is tough when your income fluctuates. 1m
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Cover your monthly minimum If you have an inconsistent income, you need to start be figuring out how much you need to cover your monthly expenses. 2m
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3
Make progress on goals by percentage Making contribution to your budget based on percentages is a way to balance at an infrastructure level. 2m
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A good budget is set for success Thank you for watching this course! 1m
Certificate
Certificate of Completion
Awarded upon successful completion of the course.
Instructor
Natalie Taylor
Natalie Taylor is a Certified Financial Planner™ professional and Behavioral Financial Advisor™. She's on a mission to help people cultivate a plan for their finances based on their values and goals. She helps people not only make progress, but find confidence, balance, and peace along the way. Frequently quoted in major publications such as the Huffington Post, Forbes, Business Insider, and Lifehacker, Natalie draws on over 15 years of comprehensive financial planning experience, 7 years in fintech, and a decade of professional speaking to share advice that works in real life, not just on paper.
Natalie Taylor
Financial Planner, FinTech Consultant and Speaker
Accreditations
Link to awards
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