Financial (Money) Management

DESCRIPTION

This is a course about how to accumulate, borrow, spend, invest and save money. Some people have an intuitive ability with money, where everything they touch turns to gold, others need to take a much more conscious approach to handling money if they are to maximize their assets. It aims to improve your ability to make the right decisions about managing finances.

Throughout the course the student will develop their ability to make better decisions with respect to the following sorts of problems, such as:

How to better invest money.

How to capitalize on your home

How to buy more economically to cut food bills.

How to minimize taxation.

How to bulk buy to minimize costs.

Deciding how much to keep in reserve for a "rainy day".

How often to restructure your personal budget.

These and more problems are dealt with throughout this comprehensive guide to money management

LESSON STRUCTURE

There are 10 lessons in this course:

1. Understanding Financial Terminology
2. Planning & Managing your Cash
3. Borrowing -for goods, against your home etc. Different types of loans, overdrafts, credit cards, financing a business etc.
4. Buying -What to look for, hidden traps, consumer protection, deciding when not to buy on credit, forms of credit.
5. The Money Market -How it works
6. Investing -In housing, land, stocks, bonds, trust funds, antiques, business investments, insurance (annuities) and more.
7. Superannuation -Lump sum, roll over etc.
8. Reducing Costs -Cutting down on expenditure.
9. Banks -How they can help you.
10. Communication -How to deal with financial experts, bank managers, accountants and others in the financial world.

Each lesson culminates in an assignment which is submitted to the school, marked by the school's tutors and returned to you with any relevant suggestions, comments, and if necessary, extra reading.

AIMS

Develop an understanding of the nature and scope of financial management, and key terminology used.

Discuss planning the management of financial resources.

Differentiate alternative sources of finance.

Determine appropriate and affordable purchasing.

Describe the nature and scope of the investment market.

Compare investment options

Discuss personal financial risk management

Identify ways of reducing expenditure without seriously affecting outcomes.

Choose and use banks more effectively.

Improve communication skills in order to more clearly interact with people providing financial services.

DELIVERY

Correspondence

Online