Personal Finance

Destiny For Everything

Discover ways to plan your private funds from an authorized public accountant (CPA)

What you’ll be taught

☑ Clarify the variations between private finance and company finance

☑ Set private monetary targets for various factors within the life cycle, circumstances, and private preferences

☑ Describe time worth of cash ideas

☑ Calculate future worth utilizing a number of strategies

☑ Calculate current worth utilizing a number of strategies

☑ Describe cash managing expertise

☑ Compile private monetary statements together with a stability sheet and revenue assertion

☑ Create a funds

☑ Create a funds vs precise report

☑ Calculate & analyze widespread private monetary ratios

Description

This course will cowl private finance ideas, ranging from the fundamentals, and transferring to advanced subjects. We’ll cowl every step completely.

We’ll embody many instance issues, each within the format of displays and Excel worksheet issues. The Excel worksheet displays will embody a downloadable Excel workbook with at the least two tabs, one with the reply, the second with a preformatted worksheet that may be accomplished in a step-by-step course of together with the educational movies.

Learners will perceive the similarities and differenced between private finance and enterprise finance. We’ll talk about find out how to set private monetary targets, considering the life cycle and particular life conditions and preferences.

The course will talk about the variations and overlap in fields essential to make efficient private monetary plans together with economics, accounting, and finance.

We may even be taught concerning the idea of time worth of cash, having the ability to carry out current worth and future worth calculations and know when such calculations are essential. Time worth of cash ideas are a few of the most tough ideas to completely grasp, however they’re required when making selections that can affect future intervals like retirement financial savings selections. We’ll go into time worth of cash ideas early within the course, so we’ve got them prepared every time wanted as we transfer ahead within the course.

Learners may even study cash managing expertise, expertise associated to accounting, compiling monetary information into monetary stories, and utilizing these stories to assemble budgets.

English

Language

Content material

Displays – Private Finance Core Ideas

1010 Private Monetary Planning Overview

1015 Monetary Targets & Actions for Numerous Life Conditions

1020 Finance, Economics, & Accounting

1025 Monetary Targets

1030 Private Finance Planning Process

1040 Time Worth of Cash Overview

1045 Current Worth

1050 Current Worth Months as Interval

1055 Future Worth

1060 Future Worth Months As Interval

1065 Future Worth vs Current Worth

1067 Current Worth Annuity

1069 Current Worth Annuity Months as Interval

1071 Future Worth Annuity

1073 Future Worth Annuity Months

1075 Current Worth Money Movement Examples

1077 Future Worth Money Movement Examples

1079 Current Worth Phrases Used In Capital Budgeting

1081 Internet Current Worth Assumptions

Apply Probs. – Private Finance Core Ideas

1111 Rule of 72 & Operating Steadiness Calculation

1112 Excel Current Worth, Future Worth, & Variety of Interval

1113 Current Worth & Future Worth Mathematical Formulation

1114 Current Worth & Future Worth Tables

1115 Rule of 72 & Operating Steadiness Calculation Prob. 2

1116 Excel Capabilities Current Worth, Future Worth, & Variety of Interval

1117 Current Worth & Future Worth Mathematical Formulation Prob. 2

1118 Current Worth & Future Worth Tables Prob. 2

1119 Rule of 72 & Operating Steadiness Calculation Prob. 3

1120 Excel Capabilities Current Worth, Future Worth, & Variety of Interval Prob. 3

1121 Current Worth & Future Worth Mathematical Formulation Prob. 3

1122 Current Worth & Future Worth Tables Prob. 3

1123 Price of Enhance

1131 Inflation & Estimated Enhance in Private Bills

1140 House Value Estimated Enhance

1150 Financial savings Account Compounding Future Worth

1160 Future Worth Annuity Funding vs Non-Annuity

1161 Funding to Meet Objective Current Worth

1162 Annuity Preliminary Funding Current Worth of Annuity

1180 Faculty Financial savings Calculation

1191 Retirement Financial savings FV of Annuity

1200 What if We Saved Our $5 a Day Espresso Behavior

1210 Choice to Obtain Cash In the present day vs a Collection of Funds

1213 Mortgage Fee Calculation & Amortization Desk

1215 Month-to-month Mortgage Fee Calculation & Amortization Desk

1217 Annuity Due or Annuity Starting Interval

1218 Current Worth Month-to-month Intervals

1222 Current Worth Annuity Month-to-month Intervals

1225 Future Worth Month-to-month Intervals

1230 Future Worth Annuity Month-to-month Intervals

1235 Annuity Due Current Worth

1240 Current Worth of Annuity utilizing Non Annuity Excel Capabilities

1245 Future Worth of Annuity utilizing Non-Annuity Excel Capabilities

1255 Retirement Plan Worksheet

Excel Probs. – Private Finance Core Ideas

1111 Rule of 72 & Operating Steadiness Calculation

1112 Excel Capabilities Current Worth, Future Worth, & Variety of Intervals

1113 Current Worth & Future Worth Mathematical Formulation

1114 Current Worth & Future Worth Tables

1115 Rule of 72 & Operating Steadiness Calculation Prob. 2

1116 Excel Capabilities Current Worth, Future Worth, & Variety of Interval

1117 Current Worth & Future Worth Mathematical Formulation Prob. 2

1118 Current Worth & Future Worth Tables

1119 Rule of 72 & Operating Steadiness Calculation Prob. 3

1120 Excel Capabilities Current Worth, Future Worth, & Variety of Interval Prob. 3

1121 Current Worth & Future Worth Mathematical Formulation Prob. 3

1122 Current Worth & Future Worth Tables

1123 Price of Enhance

1131 Inflation & Estimated Enhance in Private Bills

1140 House Value Estimated Enhance

1150 Financial savings Account Compounding Curiosity Future Worth

1160 Future Worth Annuity Funding vs Non-Annuity

1161 Funding to Meat Objective Current Worth

1162 Annuity Preliminary Funding Current Worth of Annuity

1180 Faculty Financial savings Calculation

1191 Retirement Financial savings FV of Annuity

1200 What if We Saved Our $5 a Day Espresso Behavior

1210 Choice to Obtain Cash In the present day vs a Collection of Funds

1213 Mortgage Fee Calculation & Amortization Desk

1215 Month-to-month Mortgage Fee Calculation & Amortization Desk

1217 Annuity Due or Annuity Starting Interval

1218 Current Worth Month-to-month Intervals

1222 Current Worth Annuity Month-to-month Intervals

1225 Future Worth Month-to-month Intervals

1230 Future Worth Annuity Month-to-month Intervals

1235 Annuity Due Current Worth

1240 Current Worth of Annuity utilizing Non-Annuity Excel Capabilities

1245 Future Worth of Annuity utilizing Non-Annuity Excel Capabilities

1250 House Mortgage Fee Calculation & Amortization Desk

1255 Retirement Plan Worksheet

Apply Probs. – Cash Administration, Monetary Statements, & Budgets

2110 Steadiness Sheet Accounts & Accounting Equation

2120 Steadiness Sheet Accounts & Accounting Equation Prob. 2

2130 Private Monetary Statements half 1

2131 Private Monetary Statements Half 2 Earnings Assertion

2140 Accounting Equation

2150 Debt Ratio, Present Ratio, & Different Widespread Ratios

2190 Versatile Private Price range

2200 Price range vs Precise Efficiency

2300 Monetary Assertion & Price range Half 1 Steadiness Sheet

2301 Monetary Assertion & Price range Half 2 Earnings Assertion

Excel Probs. – Cash Administration, Monetary Statements, & Budgets

2110 Steadiness Sheet Accounts & Accounting Equation

2120 Steadiness Sheet Accounts & Accounting Equation Prob. 2

2130 Private Monetary Statements Half 1

2131 Private Monetary Statements Half 2 Earnings Assertion

2140 Accounting Equation

2150 Debt Ratio, Present Ratio, & Different Widespread Ratios

2190 Versatile Private Price range

2200 Price range vs Precise Evaluation

2300 Monetary Assertion & Price range Half 1 Steadiness Sheet

2301 Monetary Assertion & Price range Half 2 Earnings Assertion

2302 Monetary Assertion & Price range Half 3 Price range vs Precise

2400 Price range for 12 Months

2500 Excel Price range Templates

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