TELEVISION

Money Management Skills

Series: Great Courses
4.4
(53)
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Episodes
12
Rating
TVPG
Year
2014
Language
English
Publisher
The Great Courses

About

Money management can be intimidating. Fortunately, most of us only need to learn a few basic principles to make good financial decisions. Get a comprehensive overview of what everyday people need to know. Whether you're just getting started in life or contemplating retirement, this course offers an excellent primer with all the information you need to build a financial plan to achieve your goals.

Related Subjects

Episodes

1 to 3 of 12

1. Understanding Your Financial Brain

30m

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Begin your course with an examination of the brain to explore the tension between conscious decision-making and the automatic emotional response of our limbic systems. This tension affects many of our approaches to financial management, including our innate aversion to loss, our tolerance of risk, and our investment confidence.

2. Managing Money with Life Cycle Theory

30m

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In this lecture, you will reconsider your entire approach to your finances. Life cycle theory is a framework for making financial decisions at different stages in your life, and it offers sound guidance for saving, borrowing, and investing across time. In other words, it's about making sure you get the most out of your money from young adulthood through retirement.

3. Basic Investing

30m

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You don't have to be a financial guru to make wise investment choices. In fact, as you will learn in this lecture, a few basic rules of thumb are all most of us need to make solid financial choices. Review the basics of investment and risk, the importance of diversification, and a simple theory for building a profitable investment portfolio.

4. The Key Financial Instruments

30m

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Tour the range of investment options, from liquid assets such as cash and checking accounts to long-term assets such as mutual funds, stocks, and bonds. See what fees and returns you can expect from each type of instrument - and what tax obligations you may incur. Then build a strategy of investment for the long haul.

5. How to Use Credit Optimally

30m

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Debt can be intimidating, but when used appropriately, it is a powerful tool. Psychology plays a key role when we take on debt, so it is important to recognize bad habits such as impulsiveness. After getting an overview of credit and credit history, you'll survey the variety of loans available, from credit cards to auto loans to mortgages.

6. Investing in Education

30m

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Most economists would agree that education offers one of the highest returns of any investment; however, paying for college often involves taking on student loans. Whether you're a high school student or a parent preparing to pay for your child's tuition, learn the key risks of student loans, and see what tax advantages you might apply toward a college education.

Extended Details

  • Closed CaptionsEnglish

Artists

Michael Finkewriter
Michael Finkeactor

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