Personal Finance and Business Skills:
Budgeting, Cashflow and Net Worth
About This Course
This workshop equips learners with financial management skills necessary to make informed decisions about their financial resources. As gamified using GProvision Money Quotient Gameplay and various experiential devices, learners learn to create personal and business budgets, manage cash flow to achieve financial goals, understand net worth and how it may impact financial goals.
What You’ll Learn
- Recognise the importance of financial planning and goal-setting.
- Create personal and business budgets with financial planning framework and techniques
- Study cash flow fluctuations to minimize financial risks
- Measure net worth of individuals or businesses to assess potential impact on financial decisions.
- Develop strategies for positive cash flow and increasing net worth
Who should attend (roles)
- entrepreneurs and business owners
- entry-level financial professionals: wealth managers, financial advisers, insurance advisers, estate planners, relationship managers
- enthusiastic learners in the field of personal finance
Learning Outcome
- Formulate and manage a comprehensive personal or business budget to effectively track income and expenses
- Recognise various devices and ways to project future cash flows, forecast potential surpluses and shortfalls
- Understand how to assess and improve net worth through carefully assessed financial decisions
- Analyze financial trends over time
- Implement strategies for improving financial health, such as reducing expenses and maximizing savings.