Managing Personal Finance Skills | The Corporate Training School

Description

There are millions of people struggling with debt. A lot of debt can be alleviated if you have the right tools. This course will provide you with the tools you need to reduce or eliminate debt, and give you the financial stability you need. The guide teaches you the benefits of having a budget and how to build a budget that fits your needs, and lifestyle. You will discover how you can cut costs, pay off debts, and live within your budget.

Course Curriculum

Introduction
- Course Objectives ..
Module 1
- The Benefits of Budgeting ..
- Getting Rid of Debt ..
- Generating Savings ..
- Reducing Stress and Anxiety ..
- Lessening Family Conflicts ..
- Knowledge Check ..
Module 2
- What to Consider Before Creating a Budget ..
- Understand Your Income ..
- Determine a Budget Duration ..
- Determine Expenses ..
- Track What's Being Spent ..
- Knowledge Check ..
Module 3
- Types of Fixed Personal Expenses ..
- Utility Bills ..
- Housing Bills ..
- Transportation ..
- Debt Payments ..
- Knowledge Check ..
Module 4
- Types of Fluctuating Personal Expenses ..
- Personal Care ..
- Non-Fixed Transportation Costs ..
- Entertainment ..
- Eating Out ..
- Knowledge Check ..
Module 5
- Establish Your Goals ..
- Short Term vs. Long Term ..
- Be Realistic ..
- Get Rid of Debt ..
- Save for the Future ..
- Knowledge Check ..
Module 6
- Determine Where Cuts Can Be Made ..
- Cut Bad Habits ..
- Decrease Transportation Costs ..
- Reduce Utility Bills ..
- Decrease Entertainment Expenses ..
- Knowledge Check ..
Module 7
- Tools ..
- Software ..
- Phone Applications ..
- The Envelope System ..
- Expenditure Notebook ..
- Knowledge Check ..
Module 8
- Stick With Your Budget ..
- Use Cash for Weekly Allowance ..
- Accountability to Family or Friends ..
- Set Up a Different Account for Savings ..
- Remind Self of Benefit to Sticking With Budget ..
- Knowledge Check ..
Module 9
- Additional Ways to Make Money ..
- Make and Sell Items ..
- Sell Unused Items ..
- Small Part-Time Job ..
- Recycle for Money ..
- Knowledge Check ..
Module 10
- Paying Off Debt ..
- Get Three Credit Reports ..
- Start With Small Stuff and Work Your Way Up ..
- Credit Card Hacks ..
- Investigate Student Loan Repayment or Consolidation Options ..
- Knowledge Check ..
Assessment
- Post Test ..