Basic Financial Life Skills

Name: Basic Financial Life Skills
Availability: InStock
Rating: 3 (74 reviews)

Discover how controlling your personal finances can help you achieve financial stability and a balanced lifestyle.

Published by

Saved For Later

Confident you have the skills to certify without completing the course content?

Learning Outcomes

In this free course, you will learn how to:

Describe the elements of a personal budget with reference to income and expenditure
Explain what personal and outside expenses are
Discuss a document in which income and expenses for a specific period of time are stated
Analyse and draw up a personal budget
Define what savings, debt and breakeven are
Identify the various types of accounts, as well as the benefits and services given by each
Outline the differences between a bank and other financial institutions and how to open a bank account
Explain the functions and features of hire purchase
Recognise a personal documentation control system
Describe and understand the elements of a payslip
Compare the costs of direct and hire purchases, as well as a hire purchase agreement

Published by

Positive learner ratings

Learners Courses

Earn credentials that matter: Anyone can say they’re learning. A CPD-accredited Alison Certificate proves you followed through.
Get an edge over others: Add your Certificate to your CV, LinkedIn, and Alison Profile to strengthen job applications and promotion opportunities.
Show you’re serious about growth: A Certificate signals initiative, commitment, and a willingness to keep learning; qualities employers actively look for.