Saving Money for the Future
This course is designed for anyone who currently has, or will have in the future have, savings goals. Learners will come to understand the importance of compounding growth, the variables that impact setting goals like retirement savings, and how much money you need to save now to reach future goals. The course will help learners think through individual goals, like retirement, but also how those goals fit into your bigger financial picture. For example, saving for retirement, buying a home, and funding college for your kids all at the same time.
Monthly Subscription Starting at AED 99 + VAT
- Level Foundation
- Duration 9 hours
- Course by SoFi
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Offered by
About
This course is designed for anyone who currently has, or will have in the future have, savings goals. Learners will come to understand the importance of compounding growth, the variables that impact setting goals like retirement savings, and how much money you need to save now to reach future goals. The course will help learners think through individual goals, like retirement, but also how those goals fit into your bigger financial picture. For example, saving for retirement, buying a home, and funding college for your kids all at the same time. The instructors will also cover how preparing for emergencies can prevent the derailment of those financial goals. The concepts covered in this course are broad but through the activities offered, learners will see how to apply what they are learning about saving money for the future to their lives now. This course is geared towards learners in the United States of America.Modules
The Power of Compounding
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4
Videos
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1
Readings
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2
Assignment
2
Assignment
- Compounding Growth
- Rule of 72
4
Videos
- What Are Accumulation Goals?
- 5 Steps to Achieving Your Savings Goals
- Investing to Achieve Your Goals
- Saving vs Investing
1
Readings
- Welcome to Saving Money for the Future
Making Saving a Habit
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3
Readings
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1
Assignment
1
Assignment
- Saving for Goals
3
Readings
- Savings Goals by Age
- 5 Types of Savings You Should Consider Having
- 15 Creative Ways to Save Money
Saving for Emergencies
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2
Videos
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2
Readings
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1
Assignment
1
Assignment
- Target Emergency Fund
2
Videos
- Emergency Fund Basics
- How Much is Enough for Your Emergency Fund?
2
Readings
- 6 Steps for Starting an Emergency Fund
- Activity - Calculate Your Target Emergency Fund
Building and Maintaining Your Emergency Fund
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3
Videos
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2
Readings
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2
Assignment
2
Assignment
- Places for Emergency Fund
- Saving for Emergencies
3
Videos
- How to Earn Interest on Your Emergency Fund
- Building Your Emergency Fund
- Using Your Emergency Fund
2
Readings
- Should You Invest Your Emergency Fund?
- 6 Real Questions About Your Emergency Fund—Answered
Module Quiz
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1
Assignment
1
Assignment
- Building Your Financial Foundation
Clarifying Your Retirement Goal
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3
Videos
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2
Readings
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1
Assignment
1
Assignment
- Key Retirement Variables
3
Videos
- An Introduction to Retirement Planning
- Key Considerations for Retirement
- The Power of Investing for Retirement
2
Readings
- Activity - Create Your Vision of Retirement
- Typical Retirement Expenses to Prepare For
Sources of Income in Retirement
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3
Videos
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3
Readings
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1
Assignment
1
Assignment
- Social Security Basics
3
Videos
- How Social Security Works
- How Pensions Work
- Retirement Considerations by Life Stage
3
Readings
- Top 5 Social Security Myths
- When Will Social Security Run Out?
- Explaining the 3-Legged Stool of Retirement
Saving for Retirement
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4
Videos
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2
Readings
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1
Assignment
1
Assignment
- Saving for Retirement
4
Videos
- Understanding How Much You Need to Save for Retirement
- Assessing If You Are On Track for Retirement
- Catching Up If You Are Behind
- Overcoming The Unique Challenges Physicians Face Saving for Retirement
2
Readings
- Activity - Calculate Your Retirement
- 5 Ways to Rebuild Your Retirement Savings
Accounts to Use for Retirement
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5
Videos
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2
Readings
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1
Assignment
1
Assignment
- Retirement Accounts
5
Videos
- Ways to Save for Retirement
- Utilizing Traditional and Roth IRAs for Retirement
- Utilizing Employer Retirement Plans for Retirement
- Using an HSA for Retirement Savings
- Choosing the Right Way to Save for Retirement
2
Readings
- Understanding the Different Types of Retirement Plans
- Retirement Options For the Self-Employed
Module Quiz
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1
Assignment
1
Assignment
- Quiz: Funding Your Financial Freedom
Buying a Home
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3
Videos
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3
Readings
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1
Assignment
1
Assignment
- Buying a Home
3
Videos
- Homebuying Basics
- How Much Home Can You Afford
- Renting vs Buying a Home
3
Readings
- Costs of Owning a Home
- Home Buying Mistakes to Avoid
- The Ultimate Home Inspection Checklist
Saving for Major Purchases
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1
Videos
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3
Readings
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2
Assignment
2
Assignment
- Rent vs. Buy
- Time Horizon
1
Videos
- Buying vs Leasing a Car
3
Readings
- How Much Should I Spend on a Car?
- What Should Your Average Car Payment Be?
- Importance of Time Horizons For Investing
Module Quiz
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1
Assignment
1
Assignment
- Saving for Other Milestones
Calculating the Return on Education
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1
Videos
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2
Readings
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1
Plugin
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2
Assignment
2
Assignment
- Components of College Savings
- Return on Education
1
Videos
- Calculating the Return on Education
2
Readings
- Comparing the Pros and Cons of Going to College
- Do the Benefits of College Still Outweigh the Costs
Analyzing Costs and Financial Aid
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2
Videos
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2
Readings
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2
Assignment
2
Assignment
- Cost of College
- Paying for College
2
Videos
- The True Cost of Education
- Types of Financial Aid
2
Readings
- Trends in Higher Education Series
- What Percentage of Parents Pay for College?
Saving and Paying for College
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3
Videos
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2
Readings
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2
Assignment
2
Assignment
- 529 Plans
- Saving for College
3
Videos
- Choosing the Right Way to Save for College
- How 529 Plans Work
- Choosing the Right 529 Plan
2
Readings
- How to Start Saving for Your Child's College Tuition
- Paying for College - A Parent's Guide
Module Quiz
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1
Assignment
1
Assignment
- Funding Your Child's Education
Auto Summary
"Saving Money for the Future" is a foundational personal development course by Coursera, aimed at helping learners in the USA understand and achieve their savings goals. Covering essential topics like compounding growth, retirement planning, and emergency preparedness, this 540-minute course offers practical activities to apply these concepts to real-life financial planning. Ideal for those looking to integrate multiple financial goals, it is available through Starter and Professional subscriptions and taught by expert instructors.
Brian Walsh