ASDAN Short Courses – Personal Finance

ASDAN Short Courses – Personal Finance

This course provides students with essential knowledge and skills to manage money effectively and make informed financial decisions. Covering topics such as budgeting, saving, borrowing, and understanding financial products, the course equips learners with practical tools for financial independence. Students also explore concepts like interest rates, taxes, and the importance of financial planning, using real-world scenarios to apply their learning. Through the activities approach, the course encourages critical thinking, problem-solving, and personal responsibility in financial matters. It is an ideal program for preparing students to navigate the complexities of personal finance in their everyday lives.

About ASDAN

ASDAN (Award Scheme Development and Accreditation Network) is widely recognized in the UK and internationally. It is well-known in providing courses and qualifications that focus on personal development, life skills, and employability.

ASDAN Short Courses are flexible, engaging programs designed to help students develop practical skills, and gain accreditation for their achievements. With a focus on real-world application, the courses encourage independent learning, critical thinking, and creativity. Suitable for learners of all abilities, ASDAN Short Courses are valued for showcasing transferable skills such as problem-solving, teamwork, independent learning, and self-management. These qualifications can strengthen a personal statement by demonstrating a student’s commitment to personal development and their ability to apply skills in real-world contexts.

Prerequisites

  • Age: 11-18 years old

What is included

  • 20 live lessons
  • 6-10 students in a class
  • In-class activities
  • Project Presentation
  • End of course certificate

Course details

About Money:

  • Different sources of income (e.g., salaries, wages, benefits)
  • Payslips and deductions (e.g., income tax, National Insurance)
  • Employment rights and responsibilities

Budgeting and Managing Money:

  • Creating and managing a budget
  • Needs versus wants in financial planning
  • Monitoring spending habits and adjusting budgets

Saving and Borrowing:

  • The importance of saving and different saving methods
  • Interest rates and compound interest
  • Borrowing options (e.g., loans, credit cards) and their risks

Understanding Financial Products and Services:

  • Types of bank accounts and how they work
  • Insurance: types and importance (e.g., health, car, home)
  • Mortgages, pensions, and investment basics

Financial Risks and Responsibilities:

  • Managing debt and avoiding financial pitfalls
  • Fraud, scams, and staying financially secure
  • Ethical and responsible financial behavior

Planning for the Future:

  • Long-term financial planning (e.g., pensions, investments)
  • Preparing for life changes (e.g., higher education, buying a home)
  • Setting financial goals and tracking progress

About us 
Ritz Education

                  Ritz Education 

As an UK leading Education Agency, our mission is to provide every student with access to tailored learning experiences. We believe that education is not one-size-fits-all, and we are committed to delivering personalized solutions that cater to individual learning styles and goals. With us, you’ll enjoy the highest standards of UK education, whether at home (with our online courses) or abroad (with our guardianship, school application and holiday camp offerings).

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