Personal
financial management
This course has been developed to educate participants
on responsible personal financial management and to
counteract the effect of media advertising that encourages
debt and creates unrealistic financial expectations.
Participants will be empowered with the necessary knowledge
that will set them firmly on the path to financial independence.
Who should attend?
Anyone who would like to improve management of their
personal finances, previous financial knowledge is not
required
Duration
One day or five sessions of two hours each (for in-house
presentation)
Outcomes
Participants will:
Learn the basic steps on the road to financial freedom
Uncover the myths about money
Identify their money personality type and make it
work for them
Learn how to set financial goals and personal budgets
Understand the dangers and power of compound interest
Understand debt and practical ways to reduce and avoid
debt
Understand their rights according to the National
Credit Act
Learn about debt counselling
Gain insight on the rules about money
Discover how to stay on the road to financial freedom
Course content
The myths we believe about money
Understanding the basic principles
Setting some goals
Mind your business
Where are we currently?
Developing a personal / household budget
Reducing debt – the first step to financial
freedom
Dealing with debt
Avoiding debt – yes it is possible
Limiting expenses
The next step
Recap of the steps to financial freedoms - Quiz
The way forward – Brainstorm session
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