Master Your MoneyLearn the essentials of managing your money like a pro! Discover the secrets of budgeting, investing, and debt management to secure your financial future. Enrol in our Higher Nitec in Business Administration course to kickstart your journey towards financial success. Unlock Your Financial PotentialGain the knowledge and skills to navigate the world of personal finance with confidence. Explore the principles of compounding, cash flow, and more to make informed financial decisions. Join us and empower yourself to achieve your financial goals!
Master Your FinancesUnlock the secrets to managing your money effectively! Learn how to create an income statement, understand your assets and liabilities, and take control of your financial future. By mastering the principles of investing and savings, you'll be equipped to make smart financial decisions for a secure tomorrow. Secure Your Financial FutureEmpower yourself with the knowledge to choose the right investments and savings plans. Discover how to calculate present and future values and select the best options to protect your finances. Join our module and take the first step towards financial independence!
S/N Module Outline 1Cash Flow Management Explain how cash flow is managed 2Present & Future ValuesApply the principle of compounding. 3InvestmentExplain the factors to consider when investing.Explain the various types of investments and their advantages and disadvantagesExplain the key strategies in choosing an investment 4InsuranceExplain the concepts, types and purpose of buying life insurance. 5Central Provident Fund (CPF)Explain the concept and purpose of CPF