Money 101 | finance-lectures.com1 Welcome to Money 101 Introduction to Personal Finance Daniel Folkinshteyn, PhD

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Presentation transcript:

Money 101 | finance-lectures.com1 Welcome to Money 101 Introduction to Personal Finance Daniel Folkinshteyn, PhD

Money 101 | finance-lectures.com2 Learning objectives Explain the benefits of an online course Manipulate video playback speed in various user interfaces Describe the structure and operations of this course List major topic groups covered in this course

Money 101 | finance-lectures.com3 Pros and cons of online learning Pros Multiple delivery methods, dynamic content Unconstrained in time and space Choose content delivery speed and order Feedback and formative assessments Cons No real time interaction with instructor

Money 101 | finance-lectures.com4 Video control

Money 101 | finance-lectures.com5 Logistics Lesson videos Learning objectives Embedded quizzes External references, prerequisites Suggested future readings Post-lecture assignments Feedback requested

Money 101 | finance-lectures.com6 Quiz 1 Write down a list of as many financial products and services as you can think of.

Money 101 | finance-lectures.com7 Financial products and services Bank deposit products (checking, savings, CD) Investments (stocks, bonds, real estate, …) Brokerage service Mutual funds Credit cards Loans (home, auto, student, personal...) Insurance (home, auto, health, life...) Tax preparation

Money 101 | finance-lectures.com8 Quiz 2 Find out who Warren Buffett is

Money 101 | finance-lectures.com9 Why I asked: Warren Buffett says: "I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit."

Money 101 | finance-lectures.com10 Suggested reading The Power of Habit: Why We Do What We Do in Life and Business by Charles Duhigg

Money 101 | finance-lectures.com11 Attributions Youtube video used as example, 3g, by MoneySavingVideos, licensed under Creative Commons CC-BY-3.0.