This course focuses on honing your money management skills. Learn how to craft effective budgets, set achievable financial goals, and develop the discipline to manage your money wisely.
Course Outline:
- Setting Financial Goals
- Identifying short-term and long-term goals
- SMART goal setting
- Creating a Budget
- Components of a budget
- Tracking and categorizing expenses
- Budgeting tools and techniques
- Saving and Investing Strategies
- Emergency fund essentials
- Exploring investment options
- Leveraging compound interest
- Smart Spending Habits
- Differentiating between needs and wants
- Evaluating purchase decisions
- Strategies for reducing discretionary spending
- Managing Debt
- Evaluating debt obligations
- Debt payoff strategies
- Building a debt repayment plan