Description

Make smart financial decisions by learning the basics of financial literacy.

Course Duration: 5 hours to complete

Certification: On completion, you will be issued with a digital Certificate of Achievement

Number of topics: 4 topics

Course Validity: 3 months

Money Essentials covers 4 topics:

Being able to follow a budget is critical in money management. You will build your own personal budgets and also learn how to stay on that budget when temptations come along.

You will learn how to:

• Plan and track money
• Design a budget and plan for unexpected expenses
• Use budgeting tools
• Follow a budget over time

Getting and using credit wisely is critical to building a secure future. You will learn how to make good financial decisions regarding obtaining credit and avoiding credit card fraud.

You will learn how to:

• Understand different types of credit
• Evaluate credit scores
• Recognise predatory lending

Financial goals are targets, usually driven by specific future financial needs. Some financial goals you might set as an individual include saving for a comfortable retirement, saving to send your children to college, or managing your finances to enable a home purchase. In this topic, you will learn how to set short and long-term financial goals, as well as simple budgeting tips to be in control of your money.

You will learn how to:

• Control spending and achieve your dreams
• set short and long terms financial goals
• handle unexpected events

A loan is an act of giving money, property or other material goods to another party in exchange for future repayment of the principal amount along with interest or other finance charges. They offer a way to grow the overall money supply in an economy. In this topic you will learn about different types of loans as well as how payday loan scams can destroy your credit score.

You will learn how to:

• Understand student loans, car loans, payday loans and also home loans
• understand interest rates and hidden fees
• Make wise loan decisions

Your personalised learning process for Money Essentials

When studying Money Essentials, you will experience a customised learning plan that is tailored to your needs every step of the way to achieving your learning goal. As you move through the course, so your learning plan will adapt as a result of our sophisticated learning algorithms that look at your performance. It is truly like having a personal tutor sitting next to you every step of the way.