Level 3 · Advanced
Building Financial Resilience
Long-term money skills: growth, risk, tax and the big decisions
The concepts behind long-term financial health, explained without jargon or hype. Understand compound growth and inflation, measure your financial health, learn how investing, retirement saving and tax work in general terms, do the maths on big purchases, and run your finances with the discipline of a well-run business. Education only, never a recommendation.
- Lessons
- 8
- Time
- 117 min
- Level
- Advanced
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What you will be able to do
- Explain compound growth and calculate it for savings and for debt
- Account for inflation when comparing money across years
- Calculate your net worth, savings rate and debt-to-income ratio
- Describe risk, return and diversification in plain terms
- Understand the general ideas behind retirement saving and employer matching
- Know the tax basics that affect employees and people with side income
- Work out the full cost of a loan before taking it
- Separate business and personal money and plan for runway
Syllabus
- 1How compound growth works15 min · Free
- 2Inflation and real value13 min
- 3Measuring your financial health14 min
- 4Investing concepts: risk, return and diversification16 min
- 5Retirement saving concepts14 min
- 6Tax basics for employees and side income14 min
- 7Big purchases and loan maths16 min
- 8Run your money like a business15 min
Budash Academy and the Budash blog are for general education only. They are not financial, investment, tax or legal advice, and they do not take your personal circumstances into account. For advice, speak to a qualified, regulated professional.