Personal finance foundations
From a budget to a reserve, and on to what time does to money.
Money changes value even when you do nothing at all with it
We wrote a guide about why that happens, how a deposit turns into interest, and how to recognise an offer that does not add up. It is free, it takes fourteen minutes, and nothing is sold in it.
Trading Academy s.r.o., an education company based in Prague 4. We are not a bank and not an investment firm.
The free guide
Eight chapters nobody explained at the counter
From what happens to a hundred thousand koruna left in a drawer, through what a bank does with your deposit, to a seven-point list that lets you check any offer in ten minutes.
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01
The amount stays the same, the value does not
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02
What a bank does with the money you lend it
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03
Interest that earns interest on itself
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04
Why time weighs more than the amount
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05
Risk is not a dirty word
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06
What exists in Czechia and how it differs
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07
An offer that does not add up: what to look for
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08
What can be taught and what cannot
Read the guide
14 minute read
How we teach
Concretely, with figures, and without promises
Three rules that hold across every course and throughout the guide.
01
Every figure can be checked
The examples in the guide are calculated, not estimated, and wherever there is a number about inflation or rates we say who publishes it. You can check it at the source.
02
We teach the method, not the answer
We will not tell you what to buy. We will show you how to read the documentation, work out your own figures and ask the questions that matter. The decision stays yours.
03
We also say what cannot be taught
Nobody can predict the market and a high return without a spread does not exist. We would not know how to run a course that claimed otherwise.
Scope
What we do and what we firmly do not
This is the most important paragraph on the whole site, and it is deliberately near the top rather than buried in the terms.
- Trade Academy is the education project of Trading Academy s.r.o. We teach, and we do nothing else.
- We are not a bank, an investment firm or an investment intermediary, and we hold no licence from the Czech National Bank.
- We do not manage anyone's money, we accept no deposits, and no payment is taken anywhere on this website.
- We give no investment advice and no personal recommendations. Nothing here is an offer, an inducement or an assessment of any particular product.
- We promise no outcome. Teaching changes what you understand, not what the market does.
Courses
Five courses that build on each other
You can start anywhere, but they make most sense in this order. Each can also be taken on its own.
Reading financial documents
The contract, the fee schedule and the key information document, line by line.
How financial markets are organised
Who takes part, what is traded where, and where prices come from.
Risk, spread and diversification
What is actually measured when risk is discussed, and what diversification can and cannot do.
Protecting yourself from offers that do not add up
A practical way to check the counterparty and the documents before any money moves.
Formats
Online, in Prague, one to one or for a company
Group course online
Live teaching in a small group over video. Materials and recordings stay available to participants.
Group course in Prague
In-person teaching at the company's offices on Na Strži. Dates are arranged as a group fills.
One-to-one teaching
Pace and content set by what you already know. Suited to going through one subject in depth.
Corporate training
Teaching for employees as part of a company's training programme. Content is assembled to the brief.
Have a specific question?
Write it to us. We will answer even if none of the courses makes sense for you.