Personal Finance Management
After completion of this seminar attendees will able to:
• Understand the essence of Personal Finance Management
• Understanding Financial Products
• Budgeting Basics: Income VS Expenses
• How to Create a new Budget Every Month
• How to Create a Plan to Pay Off Debt
• What is Interest?
• When to take out a Personal Loan
• Creating a Personal Financial Planning
Seminar Outline
Learning Outcome 1
Understanding the essence of Personal Finance Management:
• Financial Planning versus Budgeting
• Why should I manage my finances?
• Understand what debt means.
• Understand the true cost of debt.
• Debt legislation explained.
• What is debt counseling and how can I apply for it?
• The National Credit Act (NCA) Explained
• What does a garnishee order mean?
• Your Credit Score unpacked.
Learning Outcome 2
Understanding Financial Products:
• Understanding Bank Statements and Bank Charges
• Be careful with your credit card.
• Understanding lay-by’s
• How to apply for a home loan
• How to apply for vehicle finance
• Stokvel explained.
• Micro-lending explained.
Learning Outcome 3
Budgeting Basics: Income VS Expenses
• Income
• Expenses
Learning outcome 4
How to Create a new Budget Every Month: A Detailed Step-by-Step Guide
How to Create a Plan to Pay Off Debt:
• Dangers of debt consolidation
Learning Unit 5
What is Interest?
• Earning Interest
• Paying Interest
Learning Unit 6
When to take out a Personal Loan:
Creating a Personal Financial Plan:
• Determine Your Current Financial Situation
• Develop Your Financial Goals
• Identify Alternative Courses of Action
• Evaluate Your Alternatives
• Create and Implement Your Financial Plan
• Review and Revise your Plan
End of the seminar
Date: 07 November 2024 to 08 November 2024
Time: 08:00 - 16:00
Venue: Manhattan Hotel, Pretoria
Contact: Sello Mashabela
Company name: SNH Business Seminars
Telephone number: +27 10 634 2616
Email address az.oc.sranimeshns@stneve
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