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Paths
4
Published steps
145
Guides
216
Calculators
132

Choose household money, buying a home, retirement and tax, or models and deals. Each course puts checked calculators and explainers in order, saves lessons read on this device, adds original method checks where a reviewed practice family exists, and resumes at the first unread lesson.

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Four ordered courses

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  • Middle school through a first paycheck

    Class and household

    Start with simple interest, then a wage, then a paycheck, then a budget and credit. Compound interest is a later lesson, not the door.

    0 of 29 read0%

    0 of 8 method checks passed

    Start pathSee every step

  • First mortgage, not a first finance class

    Buying a home

    Payment, extra principal, PMI, and points sit on one loan. Rent against buy is a later question, not the first one.

    0 of 16 read0%

    0 of 3 method checks passed

    Start pathSee every step

  • Undergrad through investment banking

    Models and deals

    Statements, leverage ratios, enterprise value, then free cash flow, DCF and WACC. Spreadsheet work is the same arithmetic as the household path, with different labels.

    0 of 81 read0%

    0 of 6 method checks passed

    Start pathSee every step

  • Workplace plan through the first required withdrawal

    Retirement and tax

    Wrappers and brackets first, then the statutory withdrawals. A spending rate and a required minimum are different objects.

    0 of 19 read0%

    0 of 4 method checks passed

    Start pathSee every step

Middle school through a first paycheck

Class and household

0 of 29 read

0 of 8 method checks

Start with simple interest, then a wage, then a paycheck, then a budget and credit. Compound interest is a later lesson, not the door.

  1. Simple interest0 of 1 checks
  2. Hourly wage to a year
  3. What a paycheck actually pays
  4. Tax brackets
  5. Effective tax rate
  6. Self-employment tax
  7. A 50/30/20 split
  8. A budget that still has a leftover0 of 1 checks
  9. Net worth
  10. Credit utilisation
  11. Credit headroom
  12. Emergency fund
  13. FDIC insurance
  14. Credit score
  15. Credit cards
  16. Debt payoff order0 of 1 checks
  17. Student loans
  18. Then compound interest0 of 2 checks
  19. CAGR0 of 1 checks
  20. Total return
  21. Price return
  22. Income yield
  23. Time-weighted return
  24. APR against APY0 of 1 checks
  25. Continuous compounding
  26. 401(k) match0 of 1 checks
  27. Health savings account
  28. Roth conversion
  29. 529 plan

First mortgage, not a first finance class

Buying a home

0 of 16 read

0 of 3 method checks

Payment, extra principal, PMI, and points sit on one loan. Rent against buy is a later question, not the first one.

  1. Monthly payment0 of 2 checks
  2. What a lender will lend
  3. PITI
  4. Debt-to-income0 of 1 checks
  5. Extra principal
  6. PMI
  7. Loan-to-value
  8. Home equity
  9. HELOC
  10. Escrow
  11. Escrow calculator
  12. Adjustable-rate mortgage
  13. Discount points
  14. 15 year against 30 year
  15. Refinancing
  16. Rent against buy

Undergrad through investment banking

Models and deals

0 of 81 read

0 of 6 method checks

Statements, leverage ratios, enterprise value, then free cash flow, DCF and WACC. Spreadsheet work is the same arithmetic as the household path, with different labels.

  1. Financial statements
  2. Leverage ratios0 of 1 checks
  3. Equity multiplier
  4. Debt-to-equity
  5. Debt-to-assets
  6. DuPont analysis
  7. Return on assets
  8. Asset turnover
  9. Net profit margin
  10. Operating against financial leverage
  11. Operating leverage
  12. Margin of safety
  13. Interest coverage
  14. Interest residual
  15. Degree of financial leverage
  16. Cash conversion cycle
  17. Operating cycle
  18. Days sales outstanding
  19. Inventory turnover
  20. Days payable outstanding
  21. Receivables turnover
  22. Payables turnover
  23. Working capital
  24. Cash ratio
  25. Cash ratio against current ratio
  26. Operating margin
  27. EBITDA margin
  28. Enterprise value
  29. Equity value from EV
  30. EBITDA
  31. EV/EBITDA
  32. EV/sales
  33. EV/sales against P/S
  34. Market capitalisation
  35. Net debt
  36. Unlevered free cash flow
  37. FCF yield
  38. ROIC
  39. NOPAT
  40. ROE
  41. Unlevered beta
  42. Hamada factor
  43. Price to earnings
  44. Earnings per share
  45. Earnings yield
  46. PEG ratio
  47. Price to book
  48. P/B against P/S
  49. Book value per share
  50. Price to sales
  51. Sales per share
  52. Dividend yield
  53. Payout ratio
  54. Retention ratio
  55. Payout against retention
  56. Sustainable growth
  57. Offer premium
  58. CAPM expected return
  59. Sharpe ratio
  60. Discounted cash flow
  61. WACC
  62. After-tax cost of debt
  63. NPV and IRR0 of 1 checks
  64. Profitability index
  65. Money-weighted return
  66. Asset allocation0 of 1 checks
  67. Diversification0 of 1 checks
  68. Risk and return0 of 1 checks
  69. Yield curve0 of 1 checks
  70. Bond duration
  71. DV01
  72. Bond premium and discount
  73. Current yield
  74. Yield to maturity
  75. Cap rate
  76. Rental cash flow
  77. Rental cash flow calculator
  78. Cash-on-cash return
  79. Gross rent multiplier
  80. Gross rent multiplier calculator
  81. Implied cap value

Workplace plan through the first required withdrawal

Retirement and tax

0 of 19 read

0 of 4 method checks

Wrappers and brackets first, then the statutory withdrawals. A spending rate and a required minimum are different objects.

  1. Tax-advantaged accounts
  2. 401(k) match0 of 1 checks
  3. Health savings account
  4. Roth conversion
  5. Tax brackets
  6. Effective tax rate
  7. Self-employment tax
  8. How investments are taxed0 of 1 checks
  9. Tax-loss harvesting
  10. Required minimum distributions
  11. Social Security benefits
  12. Early claiming
  13. Claiming calculator
  14. Tax brackets
  15. Effective tax rate
  16. Safe withdrawal rates
  17. FIRE number0 of 1 checks
  18. Sequence of returns0 of 1 checks
  19. 4 percent against 3 percent