PERSONAL FINANCIAL SKILLS

AIM OF THE MODULE

The aim of this module is to introduce the learner to basic financial skills which can be applied in a personal or small business environment with the view of creating a better understanding of income, expenses, and cash flow.

LEARNING OUTCOMES

On completion of this module the learner will be able to:

• Understand the importance of money
• Learn how to make money go further
• Understand how to manage debt
• Draw up a personal budget
• Explain financial concepts and terms
• Manage credit purchases
• Apply management principles to personal finances
• Demonstrate the ability to be smart when buying