Course Overview

The Financial Literacy Course is designed to help individuals develop a foundational understanding of key financial concepts, including budgeting, saving, investing, and debt management. Participants will explore topics such as personal financial planning, understanding credit, and the basics of investing. By the end of the course, learners will be empowered to make informed financial decisions, manage their personal finances effectively, and plan for a secure financial future.

 

Prerequisites

No prior financial knowledge is required.

Target Audience

This course is ideal for individuals looking to improve their financial literacy, manage personal finances, and achieve financial stability. It is suitable for people of all ages and financial backgrounds, particularly those with little to no financial education.

Course Highlights

  • Understand key financial concepts, including budgeting, saving, and debt management.
  • Learn how to build a personal financial plan and set realistic financial goals.
  • Explore basic investment principles and risk management.
  • Hands-on exercises in financial decision-making and planning.
  • Gain insights into credit, loans, and strategies for effective debt management.

Course Objectives

By the end of this course, learners will be able to:

  • Understand basic financial concepts, including budgeting, saving, and debt management.
  • Create and manage a personal budget to achieve financial goals.
  • Develop strategies for effective debt management and improving credit scores.
  • Assess different investment options and make informed decisions.
  • Build a personal financial plan for long-term financial security and retirement.

Course Outline

Instructional Methods: Group discussions on financial awareness, practical exercises in financial goal setting, and hands-on exercises in tracking expenses.

Topics Covered:

  • Understanding financial literacy: Definition and importance.
  • The basics of personal finance: Income, expenses, and savings.
  • Setting realistic financial goals.
  • Assessing your current financial situation.
  • Building a habit of tracking income and expenses.

Instructional Methods: Practical exercises in creating a personal budget, group discussions on saving strategies, and hands-on demonstrations of budgeting tools.

Topics Covered:

  • The importance of budgeting for financial success.
  • Creating a personal budget: Income, fixed expenses, and variable expenses.
  • Strategies for saving: Short-term and long-term savings goals.
  • Using budgeting tools and apps to manage personal finances.
  • Overcoming common budgeting challenges and building a savings habit.

Instructional Methods: Case studies on managing debt, practical exercises in understanding credit scores, and group discussions on debt reduction strategies.

Topics Covered:

  • Understanding credit: How it works and its impact on personal finances.
  • Types of credit: Credit cards, loans, and mortgages.
  • Managing debt: Good debt vs. bad debt.
  • Credit scores: How they work and how to improve them
  • Strategies for reducing and eliminating debt.

Instructional Methods: Group discussions on investment goals, hands-on exercises in understanding investment options, and practical exercises in assessing risk.

Topics Covered:

  • Introduction to investing: Why it’s important for long-term financial growth.
  • Understanding different types of investments: Stocks, bonds, mutual funds, and real estate.
  • Assessing risk and return on investments.
  • Diversifying investments to manage risk.
  • The importance of starting early and compounding returns.

Instructional Methods: Practical exercises in creating a personal financial plan, group discussions on retirement savings, and scenario analysis for long-term planning.

Topics Covered:

  • The importance of financial planning for future security.
  • Creating a comprehensive personal financial plan.
  • Retirement savings: Understanding CPF, SRS, and other retirement plans.
  • Estate planning and protecting assets.
  • Building a financial safety net: Emergency funds and insurance.

Certification

A certificate of completion will be awarded upon successful completion of the course.

Course Fees

$788 $488

Financial Literacy

Take Control of Your Finances and Build a Secure Future

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Take Control of Your Finances and Build a Secure Future

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