THE EDVANCE PROGRAM
You want to get out of debt? Congratulations! You have come to the right place. Throughout this course, you will learn techniques, tactics, and basic evaluation tools to help you not only get out of debt, but also to speed up the process in a constructive way.
THE 10-20-70 RULE
Now that you have a better idea of where your money is going, let’s start looking at different approaches to start managing your money better. Successfully overcoming debt, like all challenges, can help you grow.
ANALYZING YOUR DEBT
DEBT PAYMENT STRATEGIES
EVALUATING YOUR CREDIT SCORE
It’s a number that will accompany you for the rest of your life and will have an impact on so many aspects of your life. So, how is your credit score? What’s the point of having one?
THINGS YOU SHOULD KNOW ABOUT CREDIT & DEBT
Going through the debt-reduction process exhibits discipline. For most individuals, it’s a marathon, not a sprint. And after you’ve reached your goal, you’ll have the discipline habits working in your favour, allowing you to develop equity and have the liquidity to make good investments.
PROTECTING YOUR MONEY
Too many consumers acquire insurance without understanding if they are genuinely exposed to that danger. They also do not consider if the danger is worth the expense of insurance. Understanding risk is critical because we want you to be more than simply insurance purchasers, but rather risk managers.
PLANNING FOR RETIREMENT
Whatever your goals for the future, money is a must. This lesson will help you become organized and focus on your long-term financial health. It covers everything from the fundamentals of a basic financial plan to deciphering the jargon of the retirement business.
Too many people do not invest because they do not believe it is right for them. Investing isn’t only for day traders or the wealthy. It’s all about knowing your vocabulary and knowing what questions to ask. Most importantly, trusting that you can take it one step at a time.
HOW TO INVEST
PERSONAL MONEY MANAGEMENT IN REVIEW
Managing money properly requires a strong dose of common sense and a few fundamental ground principles, such as spending less than you make, paying off debt, and saving for the future.