Latte Money 101
Money 101
The everyday system behind spending, saving, borrowing and building a financial foundation.
10 lessons · about 40 minutesIn this series
Start at the top. Take it one idea at a time.
- 01Income and ExpensesIncome is money coming in. Expenses are money going out. Understanding both is the starting point for managing money.4 min
- 02BudgetingA budget is a plan for how income will be used across spending, saving and debt repayment.4 min
- 03Cash FlowCash flow is the movement of money in and out over a period of time. It shows whether your current money system is creating room or pressure.4 min
- 04SavingSaving means setting money aside for future use, usually with access and stability as important goals.4 min
- 05Emergency FundsAn emergency fund is accessible money set aside for unexpected expenses or income disruptions.4 min
- 06InterestInterest is the cost of borrowing money. The rate, balance and time outstanding all affect how much interest you pay.4 min
- 07InflationInflation is a broad rise in prices over time. It reduces what the same number of dollars can buy.4 min
- 08Assets and LiabilitiesAssets are things you own with financial value. Liabilities are amounts you owe.4 min
- 09Net WorthNet worth is the value of your assets minus your liabilities. It is a snapshot, not a complete score of financial health.4 min
- 10Saving vs InvestingSaving prioritizes access and stability. Investing accepts more uncertainty in pursuit of growth. The timeline helps decide which job matters more.4 min