Budgeting, managing expenses, understanding different types of investments, and planning for financial goals like saving for retirement or major purchases. Additionally, you’ll explore concepts related to credit, debt management, insurance, and strategies for building wealth and securing financial stability.
Managing personal finances is crucial for achieving financial security, reaching goals, making informed decisions, and fostering overall well-being. It empowers individuals to take control of their financial futures, make wise financial choices, and create a path toward long-term financial success.
Course Content
- Your personal finance.
- Understanding Income and Earnings.
- Why do Financial Planning?.
- Sources of income.
- Interpreting payslips.
- Differentiating between fixed and variable cost.
- Needs and wants.
- How purchases can be financed 6. Creating a personal budget.
- Financial discipline.
- Understanding your bank account.
- Completing banking documents.
- Record keeping.
- Phising.
- Safe use of a PIN.
- Non-accredited: Short course only
- Duration: 1h 30m
- Delivery: Classroom/Online/Blended
- Access Period: 12 Months
