Personal Money Management
Personal Money Management
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Course Description
This course teaches the fundamentals of accounting and financial statements, including personal balance sheets, income statements, and cash flow management. Learners will gain the skills to track their money efficiently, make informed financial decisions, and take control of their finances with confidence.
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Curriculum Outline
Lesson 1: Introduction to Accounting
Learn the fundamentals of accounting and its importance in financial management.
Lesson 2: Understanding Financial Statements
Explore key financial statements and how they provide insights into financial health.
Lesson 3: Creating a Personal Balance Sheet
Learn how to list assets and liabilities to assess your personal net worth.
Lesson 4: Personal Income Statement Basics
Understand how to track income and expenses for better financial planning.
Lesson 5: Tracking Personal Cash Flow
Discover how to monitor and manage cash flow to maintain financial stability.
Lesson 6: Creating & Managing Your Financial Statements
Apply your knowledge by building and maintaining your own financial statements.
Lesson 7: Post-Course Quiz
Review key concepts and test your understanding of personal accounting.
Tangible Outcome
- Create & Manage Financial Statements: Track income, expenses, and assets efficiently.
- Understand Cash Flow & Budgeting: Make informed financial decisions for stability.
- Improve Financial Planning: Develop strategies for saving, investing, and expense management.
Skills Honed
- Financial Awareness & Budgeting: Build strong money management habits.
- Accounting & Record-Keeping: Maintain accurate personal financial records.
- Money Management & Decision-Making: Make smart financial choices with confidence.
- Personal Finance Tracking: Monitor income, expenses, and financial goals effectively.
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BrightCHAMPS has formed a strategic collaboration with Harvard Business Publishing Education to integrate their esteemed content into our curriculum. Kids will get access to interactive Harvard ManageMentor® online courses on the website.