RATIONALE
The most frequently reported reason for every unfinished project is the lack of financial management skills and ability. Achieving individual dream is largely dependent on how well financial challenges are addressed. Hence, there is need to plan when it comes to how and when to spend.
A major barrier to sustainable economic growth in the developing world is due to lack of adequate financial literacy skills. Poor planning, underestimating market volatility and inadequate accounting can all result directly into financial losses. Building Financial Literacy Skills will help one to confidently plan for, and accomplish set- goals and also yield a lifetime of smart financial decisions. This course will help its participants manage money, budget, savings and control debts.
LEARNING OBJECTIVES:
Personality Assessment Test: We conduct Personality Assessment Test on all our Course participants to help them understand their personality traits and dispositions.
At the end of the programme, participants in addition, should be able to:
- Gain Financial Literacy Knowledge and Skills
- Learn how to manage budgets to achieve financial goals and objectives
- Learn how to save and reduce debt, even on a low income
- Understand how thoughts and feelings about money impact how they manage money
- Learn how financial assets are connected to personal, human, physical and social assets
- Tell their money where to go instead of asking where it has gone
COURSE CONTENT:
- Basics of Financial Literacy
- Financial Management
- The concept of Budgeting
- Cash-flow forecasting
- Mastering Personal Finance
- Identifying and Prioritizing Needs and Goals
- The Hierarchy of Financial Goals
- Factors that Influence Financial Planning
- Financial Planning Review
- Wage Management
- Taxation and Calculation of Taxes
- Long-Term Savings and Investment
- Financial Choices and Impositions
TARGET AUDIENCE:
Entrepreneurs, Employed and Unemployed running small businesses, Anyone and everyone in need of formal financial literacy training