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Bart Milatz

Did you know that only 52% of 7-17 year olds receive a meaningful financial education, according to FinCap? That means that the majority of young people are not learning the skills they need to manage their money effectively.

And it's not just a problem for kids. The average worker has at least 10 different jobs by the time they're 40, according to the Bureau of Labour Statistics. That means that even if you did receive a financial education, it's likely that you're not using it in your current job.

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Did you know that only 52% of 7-17 year olds receive a meaningful financial education, according to FinCap? That means that the majority of young people are not learning the skills they need to manage their money effectively.

And it's not just a problem for kids. The average worker has at least 10 different jobs by the time they're 40, according to the Bureau of Labour Statistics. That means that even if you did receive a financial education, it's likely that you're not using it in your current job.

But here's the real kicker: if you don't learn how to manage your money, you will always struggle financially. 69% of people have less than $1000 saved, according to GBR. That means that the majority of people are living paycheck to paycheck and are one unexpected expense away from financial disaster.

Don't let this be your future. It's time to take control of your financial wellbeing and secure your financial future. Our course will teach you the tools and strategies you need to manage your money wisely and achieve financial freedom.

But what if I told you that it's not too late to turn things around and take control of your financial wellbeing? I know because I've been there. I was one of those people struggling to pay the bills and living in a cheap flat just to save on rent. But I decided to take matters into my own hands and invest in my financial education. And it paid off.

I learned the tools and strategies to manage my money wisely and now I want to share what I learned with you. In this course, you'll learn how to create a budget that works for you, how to overcome common mistakes people make when managing their money, and how to increase your income. You'll discover the top 5 reasons why most people don't manage their money wisely and the benefits of managing it well.

Imagine a life where you're not constantly worried about your next paycheck. With the skills you'll learn in this course, you'll be able to cover unexpected costs and even create a roadmap to getting out of debt. And it's not just about your finances – managing your money wisely can improve your overall quality of life. You'll experience less stress, improved health, and the freedom to do the things you love.

But here's the thing: this course is not about get-rich-quick schemes or financial advice on stocks. It's about teaching you the fundamentals of personal finance so you can build a strong foundation for financial success. You'll learn how to avoid common mistakes and make smart decisions about your money.

And the best part? You'll have lifetime access to the course material and to me as your instructor. If you have any questions before, during, or after the course, don't hesitate to reach out. I'm here to help you succeed.

Enroll in this course and start building the financial future you deserve. I look forward to seeing you inside.

Wealth & Wisdom,

Bart

Enroll now

What's inside

Syllabus

Managing Your Personal Finance

In this lecture, Bart Milatz will introduce himself and welcome you to the course! You’ll gain a sense of what activities you will do and what you will be able to do by the end of this course.

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This lecture teaches you the 5 reasons why most people do not manage their money wisely.

Bart will explain some of the benefits you will gain as a result of managing your money wisely.

Bart shares how your self worth affects your net worth.

This lecture demonstrates how to maximise your net-worth by optimizing both your self-worth and others-worth.

Bart teaches you how to increase your self-worth, which helps you to increase your net-worth, become more confident and make wiser financial choices in your life.

Learn how planned budgeting will help you (not limit you!) to manage your finances in a better way.

Our lives and the world keeps changing constantly. You have to periodically review and evaluate your progress. In this lecture Bart teaches you how to do this.

The biggest returns you will get is from disciplined saving. The more you have saved, the more stable your emotions and the greater the opportunities that will come your way.

This lecture will teach you the law of profitable living and how to implement it successfully in your life.

The clearer you are on what it is you want, the easier it becomes to get it. Bart will teach you how to do this.

Sometimes s*** happens! It is important to protect yourself against certain things. Bart will teach you the most important types of protection.

Obviously money is not the only definition of wealth. Find out the law of true wealth, which, funnily enough, helps you to become even wealthier!

Wealth is different for everyone. In this lecture Bart teaches you how to define what wealth is for you.

Whenever you move the target it's much harder to achieve it. Therefore it's key not to move the target. In this lecture you will learn strategies to stay on target.

Many people set themselves up to fail. It's key to define wealth in winnable ways, so you can set yourself up to win.

Beliefs hold many people back when it comes to managing their money. Using empowering beliefs.

Fail to plan and you plan to fail. Develop a plan that works for you!

Once you have planned it's key to stick to the plan. In this lecture you will learn how to do so.

In this lecture you will understand why it's key to take personal responsibility.

Never give up!

Most people have to borrow money at the end of the month to keep going. If you structure your life as a business, making a profit every month, you don't need to do this.

Don't let anyone stop you in your quest of managing your money.

Overcome instant gratification.

Don't judge money if you ever want to be wealthy.

If you don't keep growing, you are dying.

Don't be discouraged when you see your money grow slowly. You are building the foundation for future growth.

Studying money and wealth building techniques helps you to prepare for growth.

The poor pay themselves last, whereas the rich pay themselves first.

The next level is being self-employed.

There are only 24 hours a day. Working hard therefore doesn't guarantee that you will become wealthy.

Being a business owner provides more benefits than being self-employed.

Let money work for you instead of being its slave.

In this quiz you will get 10 questions to see how much learned from this course! Enjoy :)

Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Provides strategies for managing money wisely, which can lead to less stress and improved overall quality of life
Teaches the fundamentals of personal finance, which helps learners build a strong foundation for financial success
Explores the relationship between self-worth and net-worth, which offers a unique perspective on financial management
Emphasizes the importance of disciplined saving, which can lead to emotional stability and greater opportunities
Covers the importance of protecting oneself against unexpected events, which is a key aspect of financial planning
Focuses on avoiding common mistakes in money management, which can help learners make smarter financial decisions

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Reviews summary

Foundation in personal finance fundamentals

According to learners, this course provides a largely positive introduction to personal finance, particularly well-suited for absolute beginners or those starting their financial journey. Students found the content practical, with clear explanations that make seemingly complex concepts easy to understand. The section on budgeting was frequently highlighted as particularly helpful and provided actionable steps. Many appreciated the unique focus on mindset alongside financial mechanics. While the course is seen as a game-changer and builds confidence for newcomers, some reviewers noted it is quite basic and lacks depth in areas like investing, complex debt strategies, or taxes, making it potentially too simple for those with existing knowledge.
Includes valuable insights on financial mindset.
"The focus on mindset is also unique and valuable."
"The focus on mindset really resonated with me."
"The 'mindset' parts were interesting but felt slightly less critical than the core financial mechanics."
Instructor's energy makes learning enjoyable.
"Fantastic course! Bart's energy is contagious and makes learning about money actually fun."
"As someone who thought personal finance was boring, this course completely changed my mind. Bart makes it engaging..."
"Bart breaks down complex concepts into easy-to-understand language."
Breaks down concepts into easy-to-understand language.
"Bart breaks down complex concepts into easy-to-understand language."
"The explanations are clear, and the focus on actionable steps makes a real difference."
"Bart makes it engaging and easy to understand."
Section on budgeting is very helpful.
"The section on budgeting was particularly helpful, giving clear steps to create and stick to a budget."
"The budgeting section alone is worth it."
"The sections on budgeting and saving were clear and practical."
Offers practical tools and actionable steps.
"The course exceeded my expectations. It's practical, engaging, and truly transformative."
"I learned how to use practical tools and strategies that I could apply immediately."
"I appreciated the actionable steps for budgeting and debt reduction."
Best suited for absolute beginners.
"It's an entry-level course. Good for absolute beginners with zero prior knowledge."
"Might be too simple for someone with some existing knowledge."
"If you know the basics of budgeting and saving, you might not find much new information here."
Does not cover advanced topics in detail.
"It covers the absolute essentials like budgeting and saving, but doesn't go into much detail on investing, debt strategies..."
"It lacks depth in areas like investing or tax implications."
"It covers essentials but doesn't go into detail on complex financial situations."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Personal Finance for Young Adults with these activities:
Review Basic Budgeting Principles
Reinforce your understanding of fundamental budgeting concepts before starting the course. This will help you grasp the more advanced strategies taught in the course.
Show steps
  • Read articles or watch videos on budgeting basics.
  • Create a sample budget using online templates.
  • Identify your income and expenses.
Review 'The Total Money Makeover'
Explore a popular personal finance book to gain a different perspective on money management. This will broaden your understanding of the topics covered in the course.
Show steps
  • Read the book 'The Total Money Makeover'.
  • Summarize the key principles and action steps.
  • Reflect on how these principles apply to your own financial situation.
Track Your Spending for a Month
Gain practical experience in managing your finances by tracking your spending habits. This will provide valuable insights into where your money is going and help you identify areas for improvement.
Show steps
  • Choose a method for tracking your spending (e.g., spreadsheet, app).
  • Record all your expenses for one month.
  • Categorize your expenses to identify spending patterns.
  • Analyze your spending and identify areas where you can save money.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Create a Personal Finance Blog Post
Solidify your understanding of personal finance concepts by creating a blog post. This will require you to research and synthesize information, as well as communicate it effectively to others.
Show steps
  • Choose a specific personal finance topic related to the course.
  • Research the topic and gather relevant information.
  • Write a blog post explaining the topic in a clear and concise manner.
  • Share your blog post on social media or with friends and family.
Review 'I Will Teach You to Be Rich'
Explore a popular personal finance book to gain a different perspective on money management. This will broaden your understanding of the topics covered in the course.
Show steps
  • Read the book 'I Will Teach You to Be Rich'.
  • Summarize the key principles and action steps.
  • Reflect on how these principles apply to your own financial situation.
Create a Financial Plan
Apply the knowledge and skills you've learned in the course to create a comprehensive financial plan. This will help you set financial goals, develop strategies to achieve them, and track your progress over time.
Show steps
  • Define your financial goals (e.g., saving for retirement, buying a home).
  • Assess your current financial situation (e.g., income, expenses, assets, liabilities).
  • Develop strategies to achieve your financial goals (e.g., budgeting, saving, investing).
  • Monitor your progress and make adjustments as needed.
Tutor a Friend on Budgeting
Reinforce your understanding of budgeting by teaching it to someone else. Explaining concepts to others will help you identify any gaps in your knowledge and solidify your understanding.
Show steps
  • Identify a friend or family member who needs help with budgeting.
  • Schedule a time to meet with them and discuss their financial situation.
  • Explain the basics of budgeting and help them create a budget that works for them.
  • Follow up with them to see how they are doing and offer ongoing support.

Career center

Learners who complete Personal Finance for Young Adults will develop knowledge and skills that may be useful to these careers:
Personal Finance Consultant
A Personal Finance Consultant offers advice and guidance to individuals and families on various aspects of personal finance, such as budgeting, saving, investing, and debt management. Managing Your Personal Finance is critical to this role. This course helps in understanding the fundamentals of personal finance, including creating a budget and avoiding common errors which are applicable to helping clients. The course's emphasis on building a strong financial foundation is directly aligned with the work of a Personal Finance Consultant. This may be useful as it also touches on increasing income.
Financial Advisor
A Financial Advisor guides clients in managing their money and investments to achieve financial goals. They analyze financial situations, develop strategies, and recommend appropriate investment options. This course helps build a foundation in understanding personal finance, budgeting, and wealth-building techniques, all of which are essential for a Financial Advisor. The course's emphasis on avoiding common mistakes and making smart financial decisions directly applies to advising clients effectively. A prospective Financial Advisor should take this course to learn how to create a plan for financial success. Topics such as debt reduction and setting up savings programs are useful.
Credit Counselor
A Credit Counselor assists individuals in managing their debt and improving their credit scores. They provide advice on budgeting, debt consolidation, and credit repair strategies. This course helps with strategies to manage money wisely. With sections on debt reduction, savings programs, and budgeting, this course is essential for anyone aspiring to be a Credit Counselor. The information about increasing income would be incredibly useful for someone in this field. The course's emphasis on taking personal responsibility is also critical for being a Credit Counselor.
Budget Analyst
A Budget Analyst helps organizations manage their finances by developing budgets, monitoring spending, and analyzing financial data. Their work involves creating financial plans to achieve financial objectives. This course helps one understand the principles of budgeting, saving, and managing debt, which are critical for a Budget Analyst. The course's instruction on creating a budget and sticking to it directly prepares one for this role. The course's sections on managing personal finance and avoiding common mistakes are especially relevant if you want to become a Budget Analyst.
Financial Planner
A Financial Planner develops comprehensive financial plans for clients, covering investments, insurance, retirement, and estate planning. They must have a strong understanding of financial principles and regulations. This course helps develop skills in managing money and creating budgets, which are fundamental to financial planning. The course's coverage of wealth-building techniques and avoiding common financial mistakes is directly relevant. Financial Planner roles often require advanced degrees, such as a master's degree. The sections on managing debt and setting up a savings program would be critical to a Financial Planner.
Loan Officer
A Loan Officer evaluates and approves loan applications for individuals or businesses. This course helps one learn strategies to manage money wisely. It offers instruction on planned budgeting which would be incredibly useful in this field. The course teaches students why it is important to take personal responsibility. The course teaches about instant gratification.
Business Teacher
A Business Teacher educates students on business principles, economics, and personal finance. The insights on wealth and money provided by this course could supplement their existing knowledge and enable them to offer students practical advice. This course helps in understanding strategies to stay on target. The course's emphasis on empowering beliefs may be useful in teaching.
Economics Teacher
An Economics Teacher educates students on economic principles, markets, and financial systems. This course can help to supplement their existing knowledge and provide practical advice. The course's focus on personal finance and managing money is very useful. The course offers instruction on important types of protection. The course offers a good foundation in helping one avoid mistakes.
Financial Compliance Officer
A Financial Compliance Officer ensures that a company adheres to financial laws and regulations. This course may provide one with a good overview of personal finance and managing money. Since managing one's personal finance and that of a company share certain attributes, this course is useful for understanding money. It can help a Compliance Officer to increase their income. The course may also help with teaching strategies to stay on target.
Bookkeeper
A Bookkeeper records financial transactions, maintains financial records, and prepares reports. This course may build a foundation in understanding personal finance and managing money wisely, which is a valuable asset for a Bookkeeper. The course also offers the opportunity to understand certain money mistakes to avoid. It may also be useful to understand more about growing growth and building the foundation for growth.
Accountant
Accountants prepare and analyze financial records, ensuring accuracy and compliance with regulations. They may work for businesses, governments, or individuals. This course may help build a foundation in understanding personal finance and managing money wisely, which is a valuable asset for an Accountant. The course's instruction on budgeting and avoiding common financial mistakes may be useful in this role. While accounting focuses on broader financial record-keeping, this course may be useful for those seeking a more personal touch in financial matters.
Real Estate Agent
A Real Estate Agent helps clients buy, sell, or rent properties. They need to understand market trends, negotiate deals, and manage financial transactions. This course may provide a foundation in understanding personal finance and managing money, which is helpful for advising clients on real estate investments. The course's instruction on budgeting may be useful for helping clients assess their affordability. The course teaches about protection against certain incidents. This course helps in understanding the law of profitable living.
Financial Controller
A Financial Controller manages a company's financial reporting, budgeting, and internal controls. Financial Controller positions typically require an advanced degree. However, this course may help with an understanding of personal finance and managing money and wealth building techniques. It could also help to understand the best habits to adopt to become an excellent money manager. It is important to reward yourself, be constructive, and have a positive approach to life.
Insurance Agent
An Insurance Agent sells various types of insurance policies to protect individuals and businesses from financial risks. They need to understand insurance products and assess clients' needs. This course helps build an understanding of personal finance and managing money wisely, which is helpful for discussing insurance needs with clients. The course could also help teach ways to understand how to protect oneself. Learning how to increase one's income may be helpful as well.
Investment Banker
Investment Bankers help companies raise capital by issuing stocks and bonds. They advise on mergers and acquisitions and other financial transactions. This course may provide insights into personal finance and managing money, though it is tailored to individual financial management rather than corporate finance. Investment Banker roles typically require an advanced degree. Still the ability maximize one's net worth by optimizing both one's self-worth and other's worth may be of some use.

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Personal Finance for Young Adults.
Provides a straightforward, no-nonsense approach to personal finance. It focuses on eliminating debt and building wealth through practical steps. It useful reference for understanding debt reduction strategies and building a strong financial foundation, complementing the course's focus on financial management for young adults.
Offers a practical, step-by-step guide to managing your finances, with a focus on automation and long-term investing. It covers topics such as setting up bank accounts, automating savings, and investing in index funds. It is particularly useful for young adults looking to build wealth and achieve financial independence, complementing the course's focus on financial planning and wealth building.

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