This course covers skills and strategies for how to manage personal finances efficiently. The smart way to manage your personal finances is to create a budget. A budget is a simple yet powerful tool for regulating your expenses and tracking your spending to help you save. You need to live within your means, limit your debt and use credit cards wisely. In this course psychologist Peter Quarry talks with independent financial advisor Freda Miriklis about how to prepare a personal budget; set realistic savings objectives; understand the difference between good and bad debt; and obtain credible financial advice.
Learn effective ways to manage your personal finances; Prepare a personal budget showing earnings and expenses; Identify essential and non-essential spending; Set savings objectives and learn about short and long-term financial goals; Track and modify your spending habits; Understand the difference between manageable debt and bad debt; Be a responsible credit card user; Be careful when seeking financial advice;
