Learn about the Time Value of Money and the fundamentals of Cash Management. Identfying interest, understanding compound interest, communicating what type of OR, breaking down how a Loan works. Seeing opportunity cost, building habits, and utilizing the Money Bucket System.
This course begins with an introduction to the cost of money and what happens when you make money go to work for you. This introuction to compound interst and the time value of money will challenge how you see your money. Understanding what happens when your money goes to work for someone else will be seen through a loan amortization. Next we begin to setup our own cash management system through identifying opportunity cost and establishing our habits. All of this leads to a pillar of Money Vehicle as you will proactively direct your dollars into 5 choices through the Money Bucket System.
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