This course teaches the basics of managing money, including budgeting, tracking expenses, saving, and understanding debt. Participants will learn practical skills to make informed financial decisions and build better financial habits for long-term stability.
Course Level
Beginner Level
Mode of Delivery
Online
Target Audience
This course is designed for:
- WDP participants
- Individuals with limited financial knowledge
- People who want to improve money management skills
Course Purpose
The purpose of this course is to help participants understand how to manage money effectively, develop budgeting skills, build saving habits, and learn how to manage debt and financial responsibilities.
Learning Outcomes
By the end of this course, participants will be able to:
- Understand the basic concept and functions of money
- Identify different types of expenses
- Create and manage a personal budget
- Apply saving strategies for financial goals
- Understand and manage debt and fines
Duration 4 hours
The Break Learning
Online learning programs developed by The Break to support personal growth, wellbeing, employment readiness and community participation.
Module 1 – Understanding Money and Expenses
What is Money? (Functions of Money)
Lesson 1 of 5 within section Module 1 – Understanding Money and Expenses.
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Money Mindset and Spending Behaviour
Lesson 2 of 5 within section Module 1 – Understanding Money and Expenses.
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Types of Expenses (Fixed, Variable, Periodic, Discretionary)
Lesson 3 of 5 within section Module 1 – Understanding Money and Expenses.
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Activity – 30 Day Money Audit
Lesson 4 of 5 within section Module 1 – Understanding Money and Expenses.
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Quiz – Understanding Money and Expenses
Lesson 5 of 5 within section Module 1 – Understanding Money and Expenses.
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Module 2 – Budgeting Basics
Lesson 1 of 5 within section Module 2 – Budgeting Basics.
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Core Principles of Budgeting
Lesson 2 of 5 within section Module 2 – Budgeting Basics.
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Budgeting Methods (50/30/20 Rule, Zero-Based Budget, Envelope System)
Lesson 3 of 5 within section Module 2 – Budgeting Basics.
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Activity – Build Your First Budget
Lesson 4 of 5 within section Module 2 – Budgeting Basics.
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Quiz – Budgeting Basics
Lesson 5 of 5 within section Module 2 – Budgeting Basics.
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Module 3 – Saving Strategies
Lesson 1 of 5 within section Module 3 – Saving Strategies.
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Emergency Funds and Savings Hierarchy
Lesson 2 of 5 within section Module 3 – Saving Strategies.
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Practical Saving Strategies
Lesson 3 of 5 within section Module 3 – Saving Strategies.
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Activity – Create Your Savings Plan
Lesson 4 of 5 within section Module 3 – Saving Strategies.
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Quiz – Saving Strategies
Lesson 5 of 5 within section Module 3 – Saving Strategies.
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Module 4 – Managing Debt and Fines
Understanding Good Debt vs Bad Debt
Lesson 1 of 5 within section Module 4 – Managing Debt and Fines.
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Debt Repayment Strategies (Snowball vs Avalanche)
Lesson 2 of 5 within section Module 4 – Managing Debt and Fines.
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Managing Fines and Financial Penalties
Lesson 3 of 5 within section Module 4 – Managing Debt and Fines.
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Activity – Build Your Debt Elimination Plan
Lesson 4 of 5 within section Module 4 – Managing Debt and Fines.
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Quiz – Managing Debt and Fines
Lesson 5 of 5 within section Module 4 – Managing Debt and Fines.
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Financial Literacy & Budgeting
