COURSE OUTLINE
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:
- 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.
All of these problems and more are dealt with throughout this comprehensive guide to money management.
LESSON STRUCTURE
There are eight lessons in total, as outlined below:
- Understanding Financial Terminology
- Planning & Managing your Cash
- Borrowing -for goods, against your home etc. Different types of loans, overdrafts, credit cards, financing a business etc.
- Buying -What to look for, hidden traps, consumer protection, deciding when not to buy on credit, forms of credit.
- The Money Market -How it works
- Investing -In housing, land, stocks, bonds, trust funds, antiques, business investments, insurance (annuities) and more.
- Superannuation -Lump sum, roll over etc.
- Reducing Costs -Cutting down on expenditure.
- Banks -How they can help you.
- Communication -How to deal with financial experts, bank managers, accountants and others in the financial world.
