Course Overview:

Simply quoted “A penny saved is a penny earned” remains simply uncomprehending as there are millions struggling with debt. For most of us, personal finances are a mystery, filled with shame and anxiety. Many have a hard time creating an budget and sticking to it. But with just a little encouragement, and the right tools, anyone can master the art of personal finance.

It all begins with debt; a lot of debt can be alleviated if you have the right tools. This workshop will provide you with the tools you need to reduce or eliminate debt, and give you the financial stability you need. The guide teaches you the benefits of having a budget and how to build a budget that fits your needs, and lifestyle. You will discover how you can cut costs, pay off debts, and live within your budget. Personal finance is really just a road map to help you reach your financial goals.

Here’s a overview of what is covered in this wonderful new course:

  • The Benefits of Budgeting: learn to plan spending, lower debt and build savings – while reducing stress and family conflicts
  • Fixed Expenses: these expenses include items like utilities, rent, and transportation, as well as payments on debt
  • Variable Expenses: discretionary expenses will include entertainment and dining out, costs that can really add up if you aren’t paying attention
  • Financial Goals: you’ll need to establish your financial goals for both the near future and in the long term
  • Reduce Spending: next prioritize your expenses versus your financial goals to help you plan where the money should go each month
  • Financial Planning Tools: there are many tools to help you better manage your finances, including the “cash envelope system”
  • Sticking To Your Budget: explore some of the many ways to help you stay accountable to your budget so that you can reach your financial goals
  • Finding Extra Money: this section brainstorms additional ways to make a little extra money such as selling unused items, part-time jobs, and self-employment opportunities
  • Becoming Debt Free: start with the small stuff, and work your way up: you’ll build confidence with the little wins until it becomes a habit
  • Building Wealth: most people become debt free within a few years, then focus on retirement goals and building wealth!

We’d like to see every workplace offer Personal Finance Management training. As employees become more financially secure, and employers become more profitable, everyone has the ability to help make the world a better place.

Course Provider

READ Academy, Riyadh KSA

A Premier International Training Organisation on Soft-Skills and Organizational Behavior.

Our team of experienced trainer/facilitators are passionate about delivering high quality, innovative candidates who meet industry needs. With over 20 years of experience in the area of management sciences with extensive experience in financial management, strategic planning, organizing, presenting, communication, contract negotiation and Islamic Finance, Read Academy firmly believes that all managerial actions should have strategy, as the driving force for the goal of an organizational structure is to support the implementation of the chosen strategy.

Units

Unit 1: Getting Started

Basic Info Getting Started with Managing Personel Finance
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Icebreaker
  • Housekeeping Items
  • The Parking Lot
  • Workshop Objectives

Unit 2 - The Benefits of Budgeting

Basic Info The Benefits of Budgeting
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Getting Rid of Debt
  • Generating Savings
  • Reducing Stress and Anxiety
  • Lessening Family Conflicts
  • Case Study
  • Review Questions

Unit 3 - What to Consider Before Creating a Budget

Basic Info What to Consider Before Creating a Budget
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Understand Your Income
  • Determine a Budget Duration
  • Determine Expenses
  • Track What’s Being Spent
  • Case Study
  • Review Questions

Unit 4 - Types of Fixed Personal Expenses

Basic Info Types of Fixed Personal Expenses    
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Utility Bills
  • Housing Bills
  • Transportation
  • Debt Payments
  • Case Study
  • Review Questions

Unit 5 - Types of Fluctuating Personal Expenses

Basic Info Types of Fluctuating Personal Expenses
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Personal Care
  • Entertainment
  • Eating Out
  • Case Study
  • Review Questions

Unit 6 - Establish Your Goals

Basic Info Establish Your Goals
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Short Term vs Long Term
  • Be Realistic
  • Actually Get Rid of Debt
  • Save for the Future
  • Case Study
  • Review Questions

Unit 7 - Determine Where Cuts Can Be Made

Basic Info Determine Where Cuts Can Be Made
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Cut Bad Habits
  • Decrease Transportation Costs
  • Reduce Utility Bills
  • Decrease Entertainment Expenses
  • Case Study
  • Review Questions

Unit 8 - Tools

Basic Info Tools
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Software
  • Phone Applications
  • The Envelope System
  • Expenditure Notebook
  • Case Study
  • Review Questions

Unit 9 - Stick With Your Budget

Basic Info Stick With Your Budget
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Use Cash for Weekly Allowance
  • Accountability to Family or Friends
  • Set Up a Different Account for Savings
  • Remind Self of Benefit to Sticking with Budget
  • Case Study
  • Review Questions

Unit 10 - Additional Ways to Make Money

Basic Info Additional Ways to Make Money
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Make and Sell Items
  • Sell Unused Items
  • Small Part-Time Job
  • Recycle for Money
  • Case Study
  • Review Questions

Unit 11 - Paying Off Debt

Basic Info Paying Off Debt
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Get Three Credit Reports
  • Start with Small Stuff and Work Your Way Up
  • Credit Card Hacks
  • Investigate Student Loan Repayment or Consolidation Options
  • Case Study
  • Review Questions

Unit 12- Wrapping up

Basic Info Wrapping up of the Managing Personel Finance
Commitment 30 Minutes
Language English
Level Beginner

About this Unit:

  • Words from the Wise
  • Review of Parking Lot
  • Lessons Learned
  • Completion of Action Plans and Evaluations

All of these professional training resources are based on the most up-to-date body of knowledge and carefully selected by subject matter experts.

FAQs

When will I have access to the lectures and assignments?

Once you enroll for a Certificate, you’ll have access to all content and programming assignments (if applicable). If you choose to explore the course without purchasing, you may not be able to access certain assignments.

What will I get if I pay for this course?

If you pay for this course, you will have access to all of the features and content you need to earn a Course Certificate. If you complete the course successfully, your electronic Certificate will be generated. You can print your Certificate or add it to your LinkedIn profile. Note that the Course Certificate does not represent official academic credit from the partner institution offering the course.

How it works?

Coursework

Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.

Course Certificate

Upon successful completion, you will earn a certificate endorsed by READ Academy.

Contact Us

If you have any questions, concerns or need an insight to our soft approach, please contact us

Email: courses@swifthcm.com | info@readacademy.net 

Phone – +966532874341 | +919573302126

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