Many of us are burdened by the idea that investing is reserved only for the already-wealthy, but that couldn’t be further from the truth. In this course, Chelsea Fagan, founder of one of the largest personal finance media brands 'The Financial Diet', demystifies the process of investing, showing newcomers how to incorporate it into their lives.
What You'll Learn
Why early, intentional investing is important
The basic vocabulary of investing, including everything you need to know about 401k’s
The difference between saving and investing, and when to do either (or both)
1. The Short-Term Choices That Affect Your Long-Term Goals
Understand how investing early is the best thing you can do for your future self, why so many of us put it off, how compound interest works, and how to incorporate retirement savings into your budget.
2. Investing Vocabulary 101
Learn about stocks, bonds, mutual funds, ETFs, 401ks, and every other investing term a beginner investor should know.
3. Your 401k, Explained
If your employer offers a 401k, take full advantage of it by setting it up properly.
4. What To Do If You Don’t Have A 401k
Dive deep into traditional IRAs, Roth IRAs, and other retirement accounts you can use if you don’t have access to a 401k.
5. When To Save, & When To Invest
Successfully manage multiple money goals by understanding which goals you should keep funds for in savings, and which goals you should keep funds for in investments.