Financial Foundations - Unit 1
Welcome to Unit 1 of the Both/And Finance Financial Foundations Course!
Before you start... make sure you've watched the Course Overview Videos here. Please also be sure that you've created and saved a copy of the Financial Foundations Template to a personal course folder as discussed in those videos.
To begin Unit 1... use the link below to create a copy of the Unit 1 Activities Checklist. Save this checklist to your course folder and use it to track your progress throughout the unit.
Next, proceed through the videos and activities on the rest of this page.
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If you appreciate this content, I hope you will consider becoming a monthly supporter here or making a one-time contribution in any amount here.
If you contribute at the indicated monthly amounts, you will be able to join me at group or one-on-one office hours which can really enhance the value you get from this course. A win-win!
Thank you for pitching in if you are able. Your support will allow me to keep creating free resources while still paying my bills (I hope!).
P.S. I'm not asking that you continue as a paid subscriber forever, but I would really appreciate it if you could contribute during the period that you are using the course. Thanks again!
1.0 - Unit 1 Intro Video
1.1 - Money Stories Video
Resources mentioned in the above video:
Finance for the People: Getting a Grip on Your Finances by Paco de Leon
The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradarn
The Soul of Money: Transforming Your Relationship with Money and Life by Lynne Twist
1.2 - Wealth Distribution Facts (and Stories) Video
Resources mentioned in the above video:
Wealth Inequality in America Youtube Video, 2013 (6:23)
Federal Reserve Data on Distribution of Household Wealth since 1989
DQYDJ Net Worth Percentile Calculator - All U.S.
DQYDJ Net Worth by Age Calculator
Optional - For a version of the above topics in essay form, you can check out my article: What's Your Wealth Distribution Story?
1.2 Optional - More Info on Wealth Distribution Data
Resources mentioned in the above video:
Fed Report from Oct 2023: Greater Wealth, Greater Uncertainty: Changes in Racial Inequality in the Survey of Consumer Finances
Survey of Consumer Finances: Assets by Percentile of Income Chart
1.2 Optional - Net Worth Percentile Calculator Walkthrough
Resources mentioned in the above video:
DQYDJ Net Worth Percentile Calculator - All U.S.
DQYDJ Net Worth by Age Calculator
1.3 - Your Guiding Principles Video
Resources mentioned in the above video:
Community-Minded Personal Finance Video (part 2 in Course Prequel series)
My essay: What is Community-Minded Personal Finance?
1.4 - Reviewing Your Balance Sheet
1.4 Optional - Detailed Balance Sheet Walkthrough
Support this work and join me for office hours!
If you appreciate this content, I hope you will consider becoming a monthly supporter here or making a one-time contribution in any amount here.
If you contribute at the indicated monthly amounts, you will be able to join me at group or one-on-one office hours which can really enhance the value you get from this course. A win-win!
Thank you for pitching in if you are able. Your support will allow me to keep creating free resources while still paying my bills (I hope!).
P.S. I'm not asking that you continue as a paid subscriber forever, but I would really appreciate it if you could contribute during the period that you are using the course. Thanks again!
Up Next...
Click here to proceed to Unit 2: Forecasting.
Congrats on completing Unit 1!