
In this course you will learn the skills and knowledge required to develop, implement and monitor a personal savings budget.
Course Content
This course is structured into four modules:
1. Prepare to develop a personal budget
- Budget templates
- Budget periods
- Income and expenses
- Recording income and expenses
2. Develop a personal budget
- Subtracting your expenses from your income
- Identifying surplus or deficit budgets
- Identifying the reasons for a deficit budget
- Financial goals
- Incorporating options into a budget plan
3. Implement and monitor personal budget
- Following a budget
- Recording expenses and income
- Comparing the budget with actual amounts
- Monitoring and updating a budget
4. Additional learning
- The impact of different stages of life on financial goals
- The role of credit and savings in managing a budget
- The role of financial institutions
- Calculate interest and loan periods
Course Duration
You have a full three months access to the learning resources to complete this course.
Course FAQs
The course fee is a one-off upfront payment. If you require an invoice prior to payment please email enquiries@mitraining.edu.au or call 1300 549 190.