101 STEPS TO FINANCIAL INDEPENDENCE – YOUR PATH TO FINANCIAL FREEDOM

Module Description

Written Material

Module Video

Module Quiz

Full Class Video

 

Full Class Audio Download

 

Part 1 – Before You Begin

 

Step 0 – Commit To Your Journey

 

Step 1 – Start With Why

 

Step 2: Discover Your “What”

 

Step 3: Visualize Your Dreams

 

Step 4: Set Your Financial Objectives

 

Step 5: Track Your Progress

 

Step 6: Treat Yourself

 

Step 7: Organize Your Paperwork

 

Step 8: Your Money Strategy

 

PART 2: Begin With The End In Mind

 

Step 9: Track Your Expenses

 

Step 10: Identify Your Debts

 

Step 11: Identify Your Assets

 

Step 12: Find Your Net Worth

 

Step 13: Set Your Net Worth Goal

 

PART 3: Identify Your Expenses

 

Step 14: Categorize Expenses

 

Step 15: Identify Your Fixed Expenses

 

Step 16: Identify Your Variable Expenses

 

Step 17: Identify Your Discretionary Expenses

 

Step 18: Identify Your Savings Expenses

 

Step 19: Your Cash Flow

 

Step 20: Your Money Map

 

Step 21: Beware Lifestyle Inflation

 

Step 22: Begin Your Budget

 

Step 23: Discuss Your Finances

 

Step 24: Your Money Moment

 

Step 25: Translate Expenses into Time Costs

 

Step 26: Limit One Expense

 

Step 27: Set Up Your Bank Accounts

 

Step 28: Start an Emergency Fund

 

Step 29: Check Your Balances Daily

 

Step 30: Pay Yourself First

 

Step 31: Use the 50/20/30 Rule

 

Step 32: Get One Month Ahead

 

Step 33: Automate Your Payments

 

Step 34: Make a Yearly Budget

 

Step 35: Start a Monthly Finance Review

 

PART 4: Identify Your Debts

 

Step 36: Learn about Compound Interest

 

Step 37: Avoid Debt

 

Step 38: Manage Credit Cards

 

Step 39: Optimize Your Credit Score

 

Step 40: The Impact of Extra Debt Payments

 

Step 41: How To Pay Off Debts

 

Step 42: Handling Windfalls

 

Step 43: Become Debt-Free

 

Step 44: Paying Down Your Mortgage

 

PART 5: Identify Your Savings

 

Step 45: Bolster Your Emergency Fund

 

Step 46: Start Small

 

Step 47: On Inflation and Interest Rates

 

Step 48: Your Savings Rate

 

Step 49: Set Your Savings Goals

 

Step 50: Pursue What You Love

 

PART 6: Build Your Income

 

Step 51: You Need Multiple Income Streams

 

Step 52: Income Stream 1: Active Income

 

Step 53: Income Stream 2: Profit Income

 

Step 54: Income Stream 3: Interest Income

Step 55: Income Stream 4: Capital Gains

Step 56: Income Stream 5: Dividend Income

Step 57: Income Stream 6: Royalties

Step 58: Income Stream 7: Rental Income

Step 59: Your Income Plan

PART 7: Identify Your Retirement

Step 60: An Introduction to Retirement Accounts

Step 61: Early Retirement & The Mega Backdoor ROTH

Step 62: Workplace Retirement Accounts

Step 63: Private Retirement Accounts

Step 64: Looking At Annuities

Step 65: More Retirement Money

PART 8: Build Up Your Investments

Step 66: Understanding Shares

Step 67: To Invest or Not to Invest

Step 68: Understanding Bonds

Step 69: Modern Portfolio Theory

Step 70: Investing In Stocks

Step 71: Investing in Mutual Funds

Step 72: Investing in Index Funds / ETFs

Step 73: Bull and Bear Markets

Step 74: Dollar Cost Averaging

Step 75: Rebalance Your Portfolio

Step 76: Lifestyle Investment Strategy

Step 77: Investing in Gold and Commodities

Step 78: Investing in Real Estate

Step 79: Investing In Startups

Step 80: The 4% Rule

Step 81: Sequence of Return Risk

PART 9: Protecting Your Money

Step 82: Life Insurance

Step 83: Health Insurance

Step 84: Disability Insurance

Step 85: Homeowner and Renter’s Insurance

Step 86: Car Insurance

Step 87: Warranties and Service Contracts

Step 88: Estate Planning

Step 89: Protecting Your Money

Step 90: An Introduction to Taxes

PART 10: What Comes Next

Step 91: Tax Planning

Step 92: Digitize Your Life

Step 93: Consider Hiring a Professional

Step 94: Find a Coach

Step 95: Set Aside Money for Your Children

Step 96: Teach Your Children about Finances

Step 97: Invest in Your Individual Capital

Step 98: Give to Charity

Step 99: Play the “What If” Game

Step 100: Stick to Your Journey

Step 101: Your Financial Independence