Personal Financial Management (71056)

The aim of this course is to educate students, individuals, parents, teachers, skills/HR trainers, brokers-to-be, employees, entrepreneurs and school leavers about Total Personal Financial Planning, the different personal financial planning areas. This knowledge is a prerequisite for life, the creation of a positive financial future, entrepreneurship and retirement.

Content:

The module covers the following: 

• investing your package (severance or retirement); 
• how to choose a broker; 
• financial risks needs and objectives; 
• choosing between pension and provident funds; 
• preservation funds; different investment alternatives; 
• moving to a new employer; 
• buying an existing business (or franchise); 
• investing for retirement; offshore investments; 
• investor protection; investment, 
• income tax, estate and retirement planning pitfalls; 
• ante nuptial contracts; 
• and emigration.