Index

Module 01 · FinanceYour Money

One Page for the Whole Tank - chapter one, put in order

The Tank
The Tank · Open board

The Tank board is the whole of chapter one on one sheet: the inlet, the taps, the rain barrel, the pipe that drains, the slow leak, the reservoir. This lesson reads it top to bottom as a single page, then asks you twelve problems that need all of it.

Education, not financial advice.

Before you start. All of chapter one, in order: Nineteen and Six - where the water goes (cash flow), Why a Coin Today Beats a Coin Next Year - present value and discounting (a coin now against a coin later), The Rain Barrel for the Dry Season - emergency funds and liquidity (the emergency fund), The Pipe That Drains Faster Than It Fills - debt, APR and the minimum-payment trap (debt), Paying a Little So a Lot Cannot Sink You - insurance and risk pooling (insurance), Owning a Slice of the Ship - shares, bonds, and who gets paid first (shares), The Bet on the Whole Haystack - index funds, active managers, and costs (index funds and fees), Thirty-Four Years to Break Even - horizon, risk capacity, and the mix (time), The Same Seed in a Sheltered Pot - tax now, tax later, or never (tax wrappers), The Sale Made at the Bottom - the behaviour gap (behaviour) and Returns Too Smooth to Be True - Ponzi schemes and the red flags (fraud). Nothing here is new. The new part is the order.

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