This course is for any learner who needs to understand the world of money in order to manage personal finances. It will help learners to actively plan and manage their own financial well-being by taking into account risks and safety measures. This unit standard will also help to develop a learner`s understanding of his/her own income and expenditure patterns.

The learner will be able to plan short and long term financial commitments and how to budget for them.

A learner completing this course are able to:

• Explain the importance of managing personal finances
• Set personal financial goals
• Identify ways to achieve personal financial goals
• Develop a personal and/or family budget