Financial Literacy
- Описание
- Учебная программа
- FAQ
- Отзывы
First National Bank (FNB) presents an exciting opportunity for anyone who wants to improve their personal finances. Join the Financial Literacy course and embark on an exhilarating journey to demystify the world of personal finance. This course is designed by a team of top-notch experts to provide you with essential financial education knowledge that will improve your financial success.
The course aims to create awareness and a deep understanding of crucial topics such as personal budgeting, interest, savings, credit usage, insurance, and retirement planning. Through engaging in lively discussions and activities throughout the course, you will broaden your understanding of these topics. By the end of the course, you will have a better understanding of the secrets to financial success and how to implement them in your life.
This course is perfect for anyone, regardless of their level of financial knowledge. Whether you’re just starting your financial journey or you’re an experienced investor, this course is packed with valuable information that you can use to achieve your financial goals. With the insights gained from this course, you will be equipped to make informed financial decisions that could help you achieve financial success.
Don’t wait any longer to take control of your personal finances. Enrol in the Financial Literacy course today and unlock the secrets to financial success!
-
2
The importance of budgeting - how to differentiate between wants and needsIn this video, you will learn how to:
Explain how to place value on spend in relation to my needs and wants
Explain how your daily financial decisions impact your monthly spend
Explain the concept of budgeting
Explain how to identify needs and wants through budgeting
-
3
The importance of budgeting - how to differentiate between wants and needsComplete the following quiz to demonstrate what you have learned from the video.
-
4
Working with interest
This video provides an overview of learning outcomes:
Explain what interest is
Explain how interest works, including how it is earned and charged
Understand the difference between simple and compound interest
Explain the benefits of interest
-
5
Working with interest
Complete the following quiz to demonstrate what you have learned from the video.
-
6
Savings - Growing my money
In this video, you will learn how to:
Define goal setting
Explain the link between goal setting and positive financial behaviour/habits
Differentiate between saving and investing
Explain how to free up cash to redirect towards saving
Explain how to cater for saving and investments in the budgeting process
Explain how investments contribute to building resilience
Explain the concept of fraud and how to be aware of scams (e.g., a pyramid scheme)
-
7
Savings - Growing my money
Complete the following quiz to demonstrate what you have learned from the video.
-
8
Credit - Know my debt
After watching this video you will be able to:
Define credit
Explain when you should use credit and when it is a bad idea to use credit
Explain the importance of making correct decisions when selecting credit products
Explain the cost of credit as a key consideration when applying for credit
Demonstrate the effects of extra payments and how this reduces the effects of compound interest
-
9
Credit - Understanding my credit profile
This video will help you to:
Explain what creditworthiness is
Explain what a credit profile is
Identify the different components of a credit profile and how to manage these for a positive credit status
Explain how the way you manage your credit impacts your credit profile
Identify why having a positive credit status is important
Discuss practical ideas on how to approach the challenge of over-indebtedness
Explain how to address over-indebtedness through debt consolidation, debt rehabilitation, debt review and sequestration
-
10
Credit
Complete the following quiz to demonstrate what you have learned from the videos.
-
11
Insurance - Protecting the things that matter
The topics in this video will enable you to:
Explain what insurance is
Explain why insurance is important
List examples of short- and long-term insurance
Differentiate between a Life insurance policy versus a funeral plan policy
Explain key concepts/terms/product types/questions to ask when considering insurance
-
12
Insurance - Protecting the things that matter
Complete the following quiz to demonstrate what you have learned from the video.
-
13
Retirement planning
In this video, you will learn how to:
Explain the importance of planning for your future and when to start saving
Discuss important aspects to consider when planning for retirement
Identify myths and truths about retirement planning
List examples of different retirements approaches (products)
Explain the importance of preserving retirement funds and not cashing out prior to retirement
-
14
Retirement planning
Complete the following quiz to demonstrate what you have learned from the video.
