[MUSIC] Hi, Professor Navarro here. >> And I'm Alex LeBon. >> Okay Alex, what's the mission in this first lecture? >> Well, I want to start off with a brief overview of how the ten individual pieces of our course are all going to fit together as a whole. >> Okay, what's the big takeaway? >> Well, simply that this is not a course with a linear progression like many college courses. Instead, each of the topics we will cover comprise more of a interrelated network, a spider web of personal finance, if you will. >> Spider web? Spoken like a true physics major. >> Well, that's my thing. >> Okay, after the broad overview, what will be the other key points? >> Well, after you get through paying for your necessities, you at least hopefully will have some discretionary money left over each month. And that's where you need a smart plan. >> Okay, what's that mean? What's a smart plan entail? >> Well, usually a smart plan means weighing the fun you can have today consuming against the investing you can do to grow your wealth for the tomorrows that will be coming. >> That doesn't sound like a lot of fun. >> Well, I never promised you a rose garden, only a path to greater prosperity. >> We're good. Any other key points before we get started? >> Yep, for some folks, it is going to be a lot easier making up a budget than actually sticking to it. So be realistic and be disciplined, grasshopper. >> [LAUGH] Okay, zen master, let's get started. [MUSIC]