Money Management 101: Essential Money Skills for Beginners.
What you'll learn
- Develop a foundational understanding of personal finance principles: Learners will be able to define key financial concepts such as budgeting, saving, investing
- Create and implement a personal financial plan: Learners will be able to create and implement a personal budget and track their spending.
- Make informed financial decisions: Learners will be able to make informed decisions regarding saving, investing, and managing debt.
- Develop a positive mindset towards money: Learners will be able to identify and overcome limiting beliefs about money.
Requirements
- No requirements. This course is beginner-friendly.
Description
Take Control of Your Finances: A Beginner's Guide to Money Management
This comprehensive course is your roadmap to financial success! Whether you're just starting out, feeling overwhelmed by debt, or simply looking to improve your current money habits, this beginner-friendly course will equip you with the knowledge and tools to achieve your financial goals.
We'll cover all the essential foundations of personal finance, from budgeting and saving to investing and debt management. You'll learn how to:
Create a budget that works for you: Discover effective budgeting methods like the 50/30/20 rule and the envelope system.
Track your spending: Gain insights into your spending habits and identify areas where you can cut back.
Build an emergency fund: Create a financial safety net to protect yourself from unexpected life events.
Understand and improve your credit score: Learn the factors that impact your credit score and strategies for building a strong credit history.
Explore different investment options: Discover the basics of investing, including stocks, bonds, and real estate.
Develop a debt repayment plan: Create a plan to tackle debt effectively and regain control of your finances.
Set realistic financial goals: Learn how to set SMART goals and create a roadmap for achieving your financial dreams.
Cultivate a healthy financial mindset: Overcome limiting beliefs and develop a positive and empowering relationship with money.
This course is packed with practical tips, real-world examples, and actionable strategies that you can implement immediately. Join us and unlock your financial potential!
Who this course is for:
- Absolute Beginners: Individuals with little to no prior knowledge of personal finance.
- Young Adults: Students, recent graduates, and young professionals starting their financial journeys.
- Individuals Seeking Financial Independence: Those who want to gain control of their finances and achieve their financial goals.
- Anyone Looking to Improve Their Financial Habits: Individuals who want to develop healthy money habits, reduce financial stress, and build a stronger financial future.
- Parents and Guardians: Those who want to learn essential financial principles to teach their children and prepare them for financial success.
- Entrepreneurs and Small Business Owners: Individuals who want to gain a solid understanding of personal finance principles to apply to their business ventures.
Instructor
- 4.2 Instructor Rating
- 30 Reviews
- 4,036 Students
- 3 Courses
Nexus Entrepreneurship Hub is a social enterprise democratizing access to knowledge, tools and resources to help individuals, micro-brands, SMEs and large organizations grow exponentially.
Founded in 2020, NEXUS ENTREPRENEURSHIP HUB has demonstrated its ability to catalyze transformative social and economic progress in Africa, particularly Nigeria. Our mission is to demystify the gruesome challenges of accessing entrepreneurial and funding opportunities for marginalized populations, especially women and youths. Our proven record showcases over 5,000 beneficiaries positively impacted by our initiatives, which dismantle barriers to entrepreneurial opportunities and employable skills, resulting in enhanced livelihoods and economic well-being. Our core competency lies in delivering expert advisory services, technical skills training, vocational education, and facilitating access to capital and market avenues.
NEXUS's distinctive approach stands out for its holistic strategy to address economic disparities and foster entrepreneurship within historically marginalized communities. Through a blend of expert guidance, vocational training, and market facilitation, we empower individuals with the tools, resources, and networks necessary for meaningful economic engagement. This efficacy is underscored by the tangible successes of beneficiaries who have launched businesses, secured employment, and elevated their income prospects.
Our commitment to inclusivity drives us to comprehend and tackle the unique challenges faced by marginalized groups – people with disabilities, youths, and women. This insight informs our tailored interventions, designed to address the specific aspirations and needs of these communities. Our robust network and strategic collaborations with external stakeholders further amplify our capability to execute and scale initiatives that propel socioeconomic advancement.
Our primary clients and customers are women-led and youth-led MSMEs, as well as informal sector players, who seek to enhance their digital business and financial skills. We target those who may lack initial capital, technical knowledge, or access to business resources. By addressing their needs, we help them grow their businesses, increase their efficiency, and contribute to the economic development of Nigeria.