How to Manage Your Personal Finances

Overview

Welcome to Audio Learning from Assemble You.

This lesson explores the importance of managing money wisely and feeling confident in your choices. Budgeting gives you a clearer picture of your finances, helping you manage debts and reach your goals. It can help you to achieve your financial aims much faster.

We look at ways to make budgeting easy and effective. The lesson also explains the difference between ‘good debt’ and ‘bad debt.’ It provides actionable guidance for saving money, planning for the future, and tracking spending.

We establish practical steps to building a budget, like calculating income, listing expenses and setting spending limits.

Are you ready to discover more about your financial future and reduce stress in your day-to-day life? This one’s for you.

Learning Objectives

• Discover why budgeting is a crucial financial skill for achieving financial clarity, managing debt, and working towards financial goals.
• Establish how to differentiate between ‘good debt’ and ‘bad debt’ and understand the impact of each on your financial well-being.
• Acquire practical budgeting skills, including listing expenses, categorising spending, setting spending limits, and tracking financial progress.

Target Audience

Anyone looking to establish a baseline of financial knowledge about money management and budgeting.