Course Duration
8 hours, 1-day training workshop
Delivery
Face to face training or online training
Course Inclusive
Training materials & certificate of completion
Course Content
Part 1 - Understanding Personal Finance
- The Building Blocks to Achieving Personal Financial Success
- The Economy Affects Your Personal Financial Success
- Think Like an Economist When Making Financial Decisions
- The Time Value of Money: Setting Peso Values on Financial Goals
- Make Smart Money Decisions at Work
- Where to Seek Expert Financial Advice
Part 2 – Financial Statements, Tools and Budgets
- Financial Values, Goals, and Strategies
- Financial Statements Measure Your Financial Health and Progress
- Financial Ratios Assess Your Financial Strength and Progress
- Reaching Your Goals Through Budgeting: Your Spending/Savings Action Plan
Part 3 - Managing Checking and Savings Accounts
- Interest-Earning Checking Accounts
- Savings Accounts
- Money Market Accounts
- Electronic Money Management
- The Psychology of Money Management
Part 4 - Building and Maintaining Good Credit
- Reasons For and Against Using Credit
- Obtaining Credit and Building a Good Credit Reputation
- Sources of Consumer Loans
- Dealing with Over indebtedness
Part 5 - Managing Property and Liability Risk
- Risk and Risk Management
- Understanding How Insurance Works
- Homeowner's Insurance
- Automobile Insurance
Part 6 - Life Insurance Planning
- How Much Additional Life Insurance Do You Need?
- There Are Only Two Basic Types of Life Insurance
- Understanding Your Life Insurance Policy
Part 7 - Investment Fundamentals
- Starting Your Investment Program
- Discover Your investment Philosophy
- Identify the Kinds of Investments You Want to Make
- Risks and Other Factors Affect the Investor's Return
- Establishing Your Long-Term Investment Strategy
Part 8 - Investing in Stocks, Bonds and Crypto
- The Role of Stocks and Bonds in Investments
- The Major Characteristics of Common Stocks
- How to Evaluate Stock Values
- Buying and Selling Stocks
- Investing in Bonds
- Cryptocurrency trading and NFTs
Part 9 - Investing Through Mutual Funds and UITFs
- Why Invest in Mutual Funds?
- Fund Objectives, Types, and Characteristics
- Mutual Fund Investing Fees and Charges
- Selecting Funds in Which to Invest
Part 10 – Retirement planning
- How much do we need to save for retirement?
- Personal Equity Retirement Account (PERA)
Part 11 – Myths and Truths about Money
Part 12 – 7 baby steps to take control of your finances