Course Structure:
Module 1: Foundations of Financial Literacy
- Understanding Financial Literacy
- Setting SMART Financial Goals
- Assessing Your Current Financial Situation
- Creating a Personal Budget
Module 2: Essential Financial Skills
- The Importance of Saving
- Differentiating Between Needs and Wants
- Strategies for Effective Saving
- Exploring Savings Options in South Africa
Module 3: Exploring the World of Investing
- Introduction to Investing
- Types of Investments: Stocks, Bonds, Mutual Funds, and more
- Risk and Return: Understanding Investment Risk
- Developing an Investment Strategy
Module 4: Managing Credit and Debt
- Understanding Credit: Loans, Credit Cards, and Debt
- Managing Debt Responsibly
- Building and Maintaining a Good Credit Score
Each module consists of engaging lessons, interactive activities, and practical examples tailored to South African contexts. Learners will have the opportunity to apply theoretical concepts to real-life scenarios, participate in discussions, and assess their understanding through quizzes and assignments. Throughout the course, emphasis is placed on Outcome Based Education (OBE), with a focus on practical learning experiences to enhance skill development and competency.
By the end of the course, learners will have gained a comprehensive understanding of key financial concepts, developed essential financial skills, and acquired practical tools and strategies to manage their finances effectively. Whether you’re just starting your financial journey or looking to enhance your existing knowledge, this course provides a solid foundation for achieving financial literacy and success.
Join us on this exciting learning journey and take control of your financial future today!
