Financial Management Guide

Purpose: To equip individuals with foundational budgeting techniques, empowering them to manage their finances effectively, reduce debt, and achieve financial goals, both short- and long-term.

Objectives:

• Understand how to create a budget based on income, expenses, and savings, and learn to track spending effectively.
• Recognise the importance of emergency savings and develop strategies to build and maintain a dedicated fund.

Key Areas of Focus:

• Debt Management Strategies: Learning how credit card and loan interest work, minimising interest payments, and choosing between debt repayment methods.