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Managing Personal Finances – Online CPD Accredited Training Course

Instant Access | Includes Assessment & Certificate | UK CPD Accredited | Instant Certificate Download


Imperium Edge

Summary

Price
£19.99 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Qualification
No formal qualification
CPD
4 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

2 students purchased this course

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Overview

Managing Personal Finances – Online CPD Accredited Training Course

There are millions of people around the world struggling with debt. A lot of debt can be alleviated if you have the right tools. This comprehensive e-learning course will provide you with the tools you need to reduce or eliminate debt, and give you the financial stability you need.

Study method - Online, self-paced (4-6 study hours)

Course format - Online (24/7 access), modular

Course Duration - Part-time (1 year access)

Qualification - Certificate of completion

Course Delivery – via desktop PC/MAC, laptops, tablets or smart phones

Awarded Body – The CPD Certification Service

Course accreditation

The content of this online training course has been independently certified as conforming to universally accepted Continuous Professional Development (CPD) guidelines (in line CPD Certification Service requirements)

CPD

4 CPD hours / points
Accredited by The CPD Certification Service

Description

Course aims

This Managing Personal Finances e-learning course 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 objectives

The objectives of this Managing Personal Finances online course are to:

  • Discover how to establish financial goals
  • Evaluate where financial cuts can be made
  • Learn the basics about expenses
  • Determine what tools you need to stick with your budget.

What’s covered in this course?

This online Managing Personal Finances course covers the following:

Module One: Getting Started

  • Icebreaker
  • Housekeeping Items
  • The Parking Lot
  • Workshop Objectives

Module Two: Module Two: The Benefits of Budgeting

  • Getting Rid of Debt
  • Generating Savings
  • Reducing Stress and Anxiety
  • Lessening Family Conflicts
  • Case Study
  • Module Two: Review Questions

Module Three: What to Consider Before Creating a Budget

  • Understand Your Income
  • Determine a Budget Duration
  • Determine Expenses
  • Track What's Being Spent
  • Case Study
  • Module Three: Review Questions

Module Four: Types of Fixed Personal Expenses

  • Utility Bills
  • Housing Bills
  • Transportation
  • Debt Payments
  • Case Study
  • Module Four: Review Questions

Module Five: Types of Fluctuating Personal Expenses

  • Personal Care
  • Entertainment
  • Eating Out
  • Case Study
  • Module Five: Review Questions

Module Six: Establish Your Goals

  • Short Term vs Long Term
  • Be Realistic
  • Actually Get Rid of Debt
  • Save for the Future
  • Case Study
  • Module Six: Review Questions

Module Seven: Determine Where Cuts Can Be Made

  • Cut Bad Habits
  • Decrease Transportation Costs
  • Reduce Utility Bills
  • Decrease Entertainment Expenses
  • Case Study
  • Module Seven: Review Questions

Module Eight: Tools

  • Software
  • Phone Applications
  • The Envelope System
  • Expenditure Notebook
  • Case Study
  • Module Eight: Review Questions

Module Nine: 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
  • Case Study
  • Module Nine: Review Questions

Module Ten: Additional Ways to Make Money

  • Make and Sell Items
  • Sell Unused Items
  • Small Part-Time Job
  • Recycle for Money
  • Case Study
  • Module Ten: Review Questions

Module Eleven: 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
  • Case Study
  • Module Eleven: Review Questions

Module Twelve: Wrapping Up

  • Words from the Wise
  • Review of Parking Lot
  • Lessons Learned
  • Completion of Action Plans and Evaluations

Why is Managing Personal Finances important?

Ignorance isn't bliss when it comes to managing your money, it's just downright expensive. This online managing personal finances course helps you understand all the key things you have to consider and clear action plans.

Why choose our online training courses?

All our e-learning courses can be accessed on any electronic/computerised device. You can study at work or at home, in your own time and at your own pace!

  1. Easy to follow and understand
  2. Only 4-6 hours recommended study time
  3. 1 year access to course & learning materials
  4. Access your course anytime, anywhere & on any device
  5. Complete course on desktop computer, laptop, tablet or smartphone
  6. Additional references and downloadable materials available
  7. CPD Certification Service (mapped to Ofqaul Qualifications)

Organisational e-learning

Are you responsible for organisational training and development or organisational statutory and mandatory compliance? You may want to find out more about how Learning Management System (LMS) may help your organisation. With our interactive LMS, managers and administrators can easily:

  • set up a FREE blended learning environment;
  • upload essential documents;
  • upload individual and group learners;
  • manage learners, including tracking progress
  • review who has completed training
  • download/print training reports for compliance audits

Managing Personal Finances – Online CPD Accredited Training Course

Who is this course for?

Anyone interested in management of finances, bookkeeping and accountancy

Requirements

Course Delivery – via desktop PC/MAC, laptops, tablets or smart phones

Career path

Business finance, administration, leadership and management

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.