Programme Details
Financial Management Skills Course
By Edraak
About the programme
In a time where the obligations and expenses in our life have increased, we often find our salary long gone before the end of the month.
"Financial Management Skills" is a free online course offered by Edraak, Partners for Good, and Microfund for Women that discusses how we can manage our financial affairs to reach financial stability.
What do we mean by financial management? It is the ability to make a financial plan and balance our income and expenses. Expenses and responsibilities increase every day, most common expenses being food, drink, housing, treatment, education, clothing, transportation, and the list goes on. If we do not plan correctly and realistically for our expenses, we will fall into unnecessary financial predicament.
In this course, we will learn the basic principles of personal financial planning, which will develop our capabilities to make sound financial decisions, control financial affairs and avoid improper decisions. We will learn how to prepare a family budget and stick to it, the importance of involving all family members in planning and instilling this culture in children since childhood, as well as distinguishing between the necessary needs and desires that can be dispensed or postponed. We will also learn about savings and its importance in addition to the need to set goals and work towards achieving them through proper planning. The course will also showcase the most common financial institutions, namely banks and MFIs and their various services, how to deal with loans, use different bank cards, use their services properly and avoid the consequences of their misuse.
It is time to get your finances under control and plan a bright future for you and your family! Register now for this free course, where all these topics and more will be presented in a simple, scientific and fun way.