About This Course
Regardless of how much money you earn and how you earn it, the world is your oyster when you start to save. In this course you will learn how to budget effectively, tell the difference between wants and needs and other responsible budgeting hacks.
Offered by
Nedbank MoneyEDGE
What You Will Learn In This Course:
01. Introduction: Making your money work for you
02. What is a budget and how does it work?
allocated module duration : 15 minutesThe easiest and most fool-proof way to save is to budget. You’ve heard about it so much because it actually works. In this module you will learn about budgeting and how to develop one that best suits your lifestyle.
03. Wants vs needs
allocated module duration : 15 minutesThe most crucial element of any budget is being able to decide what you want and what you need. This will enable you to put away the right amount of money for both your necessary expenses and your little treats and spoils. In this module you will learn how to identify them correctly and manage the money you allocate thereto.
04. How to put your plan into action
allocated module duration : 15 minutesA budget looks really good on paper but it looks even better in your bank account. In this module you will be creating your personalised budget to best manage your finances to cover your expenses.
05. Budgeting 101
allocated module duration : 15 minutesIt’s budgeting – only better! Once you’ve got the hang of basic budgeting, you can level up to Budget 201. In this module you will learn how to incorporate your plans for the future into your budget.
Learn
Learn what a budget is and how to use it.
Average Time
It takes about one hour to complete this course.
Learning Outcomes
- I can create my own personalised budget.
- I can tell the difference between wants and needs.
- I understand how a budget will benefit me in the long term.
