• No products in the basket.


Online Financial Planning Course

  • Gain practical knowledge in the areas of financial planning, insurance, risk management, taxation, investments and portfolio, superannuation, and estate planning.
  • Understand your personal finance calculations, how to save for retirement, and how to build credit to buy a house.
  • Study cash flow management, from forecasting and planning to paying off debt.
  • Discover the fundamentals of finance for an organisation, such as bookkeeping and accounting.
  • Learn how to get your budget approved, how to compare investment opportunities, and about the budgeting process.
  • You will be graded on an assignment that you can complete at your leisure to gain your certificate.

Course Content

  • Calculating Your Net Worth   

Most people have no idea how much money has entered into their lives. Therefore, have no idea how much money could enter their lives.

  • Calculating Your Real Hourly Wage      

Establish the real cost of doing business. What are all your expenses? How much time do you dedicate to your work?

  • Expenses for Life Energy 

Here are some questions to ask. How much is your business or your job costing you? Which expenses would decrease or disappear if I did not have to go to work every day?

  • Calculating a Monthly Budget

Track your spending. You will start to know where to make appropriate cuts. Find places to shift your values (and money) towards better goals. Saving money is as good as earning money.   

  • Paying Off Debt 

There are two main methods of paying off debt. The Avalanche method means paying off the debt with the highest interest first. The Snowball method means to pay off the debt with the lowest balance first.

  • Build an Emergency Fund

For most people 3 to 6 months of expenses is a good-sized emergency fund. A larger emergency fund may be warranted if your income is variable or uncertain.

  • Personal Savings      

Max out your IRA contributions. Save for things like college vs. retirement. College savings should go into a savings account.

  • 401K Basics

Make sure you pay 15%-20% of your gross income into an employer-matched 401K. Max out your IRA contributions.

  • Asset Allocation         

Which kind of IRA is best for you? High earners are better off in a traditional IRA because they will pay less in taxes each year. Lower incomes favour Roth IRA because they are already paying fewer taxes and will never be taxed on that money again.

  • Investment Strategies

Should you invest money by lump sum or dollar cost averaging? Dollar-cost averaging is how you spread out your investment over time.

  • Advice on Financial Advisors

In complex situations or when dealing with large sums of money, financial advisors can help you avoid making big mistakes.

  • 3h-Questions-About-Investing

Typically, you should not invest money that you will need soon. When you have “extra” money that you know you will want to use soon, you can put it in a regular savings account at your bank and earn a minimal amount of interest.     

  • FICO Score  

A FICO score is how much of a financial risk a person is. 850 is a perfect score and 300 is a terrible score.

  • Starting Credit  

Assess your financial situation, you must already be practising good financial habits. You must have an emergency fund and no plans to live beyond your means.

  • Increasing Credit Score

Contrary to conventional wisdom, FICO actually rewards consumers for paying down debt, keeping their debt levels low, and even paying down the balances on their loans.

  • Owning vs. Renting 

There are hidden costs to owning property such as property taxes, mortgage interest, mortgage principle, utilities and maintenance.

  • Types of Mortgages

There are different types of mortgages. A Piggyback mortgage is where a second mortgage or home equity loan is taken out by a borrower at the same time as the first mortgage is started.

  • Advice to Teenagers  

Have an education plan. Find someone who has gone through a degree path, would they do it again? What advice do they have?

  • Guide to Buying a Car

This is a step-by-step guide for how to buy a car. Firstly, establish a budget, get your credit score and search for the best APRs online.

  • Forecasting

Providing information that looks to the future is even more important in the current environment. How can you ensure that your sales forecasts provide meaningful information for the board?

  • What is Cashflow? 

Think of cash flow like water in a bath. Your income is the water coming in through the taps and your expenses is the water leaving down the drain.

  • Planning and Management

Get to know the ins and outs of an example Cash Flow Forecast.

  • Planning Part 2 

Cash Flow Planning is the most important word in business. There is a saying that Sales is Vanity, Profit is Sanity and Cash flow is Reality.

  • Where it can go Wrong  

The problem is that people do not plan to fail but they do fail to plan. It is important to have a budget and understand from your bank statement where your money is going.

  • Personal Cashflow Analysis

Where does most of your money flow in from? You think differently depending on where the money comes in from.

  • Personal Cashflow Analysis my Numbers Story 

This is figuring out your assets and liabilities such as cash in hand, home property, life insurance, home mortgage, car loan etc.

  • Debt

List all of the people/companies you owe money to and the amount. Find out the interest rate on each debt. Aim to pay off the highest interest rate debt first.         

  • Finance Jeopardy 

A quiz for you to complete in your own time asking questions such as Revenue minus expenses equals?

  • The Fundamentals of Finance  

A useful budget is prepared under the same umbrella of guidelines as the company’s actual financial statements. There must be consistency in the way the numbers are prepared. As such, it is necessary to understand some key terms such as bookkeeping and accounting.

  • The Basics of Budgeting 

Budgets provide the baseline against which to measure actual performance. The actual performance of an organization is documented by the accounting system and the reports it generates.

  • Parts of a Budget

Any plan should have four key parts: The Story, the Numbers, the Statistics, and the Indicators.

  • The Budgeting Process

The budgeting process typically has six steps: Gather the Budget package, Lay the Groundwork, Identify your Goals and Deliverables, Gather your Resources, Plan your work and do it.

  • Budgeting Tips and Tricks

This module covers the top ten excuses for being over budget, up-front budget manoeuvres, and not-so-nice budget manoeuvres.

  • Monitoring and Managing Budgets

In this chart, record how budgets are monitored and managed in your organisation. List the advantages and disadvantages of each method.

  • Crunching the Numbers

If you understand simple ratio and proportion analysis, you can get more information and exercise more control over departmental expenses. You can also use ratios to do final reality checks over your budget by comparing your budgeted ratios to actual ratios from prior periods.

  • Getting Your Budget Approved

At some point, you will have to build a case to support your budget and present it. Or you may need to participate in a full-fledged budget review. Engage participants in a discussion of what happens in your organization.

  • Comparing Investment Opportunities

Every day, senior management must evaluate investment opportunities (such as an opportunity to build a new plant or to purchase new equipment). Big decisions require information, and information is based on planning. This is capital budgeting.

  • ISO 9001:2008

“Say what you do and do what you say,” is the oft-quoted slogan that epitomizes the ISO philosophy.

  • Directing the Peerless Data Corporation

In essence, preparing a budget comes down to making financial decisions that will affect all members of the company. This exercise will test the decision-making capacity of the group.

Course Curriculum

Personal Finance Calculations
Calculating Your Net Worth 00:01:00
Calculating Your Real Hourly Wage 00:02:00
Expenses for Life Energy 00:02:00
Calculating a Monthly Budgeting 00:05:00
Saving for Retirement
Paying Off Debt 00:02:00
Build an Emergency Fund 00:02:00
Personal Savings 00:04:00
401K Basics 00:03:00
Asset Allocation 00:04:00
Investment Strategies 00:02:00
Advice on Financial Advisors 00:01:00
3h-Questions-About-Investing 00:15:00
Building Credit to Buy a Home
FICO Score 00:09:00
Starting Credit 00:03:00
Increasing Credit Score 00:02:00
Owning vs. Renting 00:02:00
Types of Mortages 00:03:00
Personal Finance Guides for Beginners
Advice to Teenagers 00:04:00
Guide to Buying a Car 00:05:00
Cashflow Management
Forecasting 00:20:00
What is Cashflow? 00:20:00
Planning and Management9 00:10:00
Planning Part 2 00:12:00
Where it can go Wrong 00:09:00
Personal Cashflow Analysis 00:05:00
Personal Cashflow Analysis my Numbers Story 00:06:00
Debt 00:10:00
Budgets and Money Management
Finance Jeopardy 00:15:00
The Fundamentals of Finance 00:15:00
The Basics of Budgeting 00:15:00
Parts of a Budget 00:15:00
The Budgeting Process 00:30:00
Budgeting Tips and Tricks 00:15:00
Monitoring and Managing Budgets 00:15:00
Crunching the Numbers 00:15:00
Getting Your Budget Approved 00:15:00
Comparing Investment Opportunities 00:15:00
ISO 9001:2008 00:15:00
Directing the Peerless Data Corporation 00:30:00

Course Reviews

[elementor-template id='289353']

[elementor-template id='289348']

[elementor-template id=”289239″]