Watch Money Management Skills

Money Management Skills is a course from The Great Courses Signature Collection that focuses on helping individuals make better financial decisions and manage their money effectively. It stars Michael Finke, a leading expert in financial planning and investment, who provides insightful guidance on a variety of personal finance topics.

The course is divided into 12 lectures, each covering a different aspect of money management. In the first lecture, Finke explains the importance of setting financial goals and developing a plan to achieve them. He discusses the different types of financial goals and offers strategies for prioritizing them based on individual needs and circumstances.

In subsequent lectures, Finke covers a range of topics, including budgeting, saving and investing, debt management, retirement planning, and estate planning. He helps students understand the benefits and drawbacks of various financial products, such as stocks, bonds, and mutual funds, and offers tips for building a diversified investment portfolio.

One of the strengths of this course is its emphasis on behavioral finance, which explores how human psychology affects financial decision-making. Finke explains common behavioral biases, such as overconfidence and fear of loss, that can lead people to make poor financial choices. He offers practical advice for overcoming these biases and making more rational, informed decisions.

Another notable feature of the course is Finke's focus on the long-term perspective. He stresses the importance of developing a financial plan that takes into account an individual's entire life cycle, from early adulthood to old age. He encourages students to think about their goals for different stages of life and to make strategic financial decisions that will help them reach those goals.

Throughout the course, Finke uses real-world examples and case studies to illustrate key concepts and principles. He also provides practical tools and resources that students can use to implement his advice, such as budgeting worksheets and retirement planning calculators.

Overall, Money Management Skills is an excellent course for anyone looking to improve their financial literacy and make more informed financial decisions. Finke's engaging teaching style, combined with the breadth and depth of the material, make this course a valuable resource for people of all ages and financial backgrounds. Whether you're just starting out on your financial journey or you're a seasoned investor, you're sure to find something of value in this course.

Money Management Skills is a series that ran for 1 seasons (12 episodes) between December 15, 2014 and on The Great Courses Signature Collection