Personal Money Management
 

Soft Skills & Life SkillsPersonal Money Management

Personal Money ManagementRise of the middle class and fat pay cheques have created a space for an individual to consider options for investments, long term and short term. However, most of the people are found inadequate in the management of their finances. It is one area for which there is no formal education is available. The module on Personal Money Management explores the various avenues of investment available to an investor. It also deals with the risk range of each option and what could be the possible combinations of options available to an individual. The module also makes a few case studies relevant to the learner as the context of a person’s life is the key factor in personal money management. The module trains the learners in the conceptual and practical aspects of money management and provides sufficient simulation for the same.