Introduction to Financial Literacy

Welcome to the Introduction to Financial Literacy course.

In this course we set aside dry accounting standards and complicated financial formulas, and use the plainest, most accessible language to help you master the most practical financial skills for everyday life.

What Will You Learn?

This course is divided into the following core modules:

1. Basics

   • Understand what real assets and liabilities are.
   • Master the categories of income and expenses.
   • See why keeping personal and business money separate matters.

2. Financial Planning

   • How to build a realistic budget.
   • Saving strategies and the power of compound interest.
   • An introduction to investing and to risk management.
   • Debt management and credit maintenance.
   • Retirement planning and the FIRE movement.

3. Taxation

   • How to calculate and file individual income tax.
   • The basics of value-added tax.
   • Legal tax saving and tax planning.

4. Invoices and Reimbursement

   • The types of invoices and the rules for issuing them.
   • The reimbursement workflow and the points to watch out for.

5. Insurance Planning

   • The difference between social insurance and commercial insurance.
   • How to arrange insurance for yourself and your family.

Who Is This For?

• University graduates who have just entered the workforce
• People living paycheck to paycheck who want to improve their financial situation
• Freelancers who are preparing to start a business or a side project
• Beginners who are interested in personal finance but do not know where to start

Let’s begin this journey toward financial freedom!