Finance Fundamentals: Financial Planning and Budgeting
INTRODUCTION
This course explores how current economic conditions impact finances, before showing you how to manage yours more effectively. You will find out whether you have bad financial habits and how to address them; discover a simple four-stage model for making sound financial decisions; examine the two components of budgeting – income and expenditure – and how to manage them; and look at a key area of spending – insurance.
Duration
5 days.
Course Objectives
By the end of this training you will be able to:
- Identify and understand how financial needs change over the life course
- Identify, understand and apply a model for financial decision-making
- Identify and appreciate how human behaviour affects financial decisions
- Identify and understand the impact of inflation and tax on incomes
- Apply and appreciate the social and economic factors that influence spending
- Design and manage a household budget
- Identify and understand insurance products and when to buy them
Course Content
- Financial planning over the life course
- Prioritising plans
- Human behaviour and financial decisions
- Applying a financial decision-making model
- Income and inflation
- Income and taxation
- Government benefits
- Factors influencing household expenditure
- Creating and managing a household budget
- Understanding when to buy insurance products
- The range of insurance products
Methodology
The trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.
All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
CUSTOMIZED TRAINING
This training can also be customized for your institution upon request. You can have it delivered at your preferred location.
COURSE Training Center: Datastat Training Center, Nairobi, Kenya
Fee: Ksh 80000, $900
Schedules
| Start | End |
|---|---|
| 10/02/2020 | 14/02/2020 |
| 24/02/2020 | 28/02/2020 |
| 09/03/2020 | 13/03/2020 |
| 23/03/2020 | 27/03/2020 |
| 06/04/2020 | 10/04/2020 |
| 20/04/2020 | 24/04/2020 |
HOW TO REGISTER ONLINE
To register online to book your spot, click on the link below:
For further inquiries, please contact us on:
TELEPHONE: +254724527104
EMAIL: info@datastatresearch.org
WEBSITE: www.datastatresearch.org