Course Description

Basic Financial Life Skills





Discover how controlling your personal finances can help you achieve financial stability and a balanced lifestyle. In this free online money management course, you will learn to control your personal finances. Young adults, in particular, benefit from a solid foundation in budgeting, gaining financial independence and a sense of control over their lives. This financial literacy course will assist you through topics such as budgeting, savings, banking, understanding credit, taxes, and debt, and planning for future expenses. This is an autism-friendly course.

The Basic Financial Life Skills course at Alison is listed in Courses.ie's national courses finder.
Training ProviderAlison
Course TypeOnline Learning
Course QualificationCPD Certificate
Course Duration4-5 hours
Course FeeFree
Entry RequirementsLike all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary.

At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives.

Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career PathWhat You Will Learn In This Free Course
• Describe the elements of a personal budget with reference to income and expenditure
• Explain what personal and outside expenses are
• Discuss a document in which income and expenses for a specific period of time are stated
• Analyse and draw up a personal budget
• Define what savings, debt and breakeven are
• Identify the various types of accounts, as well as the benefits and services given by each
• Outline the differences between a bank and other financial institutions and how to open a bank account
• Explain the functions and features of hire purchase
• Recognise a personal documentation control system
• Describe and understand the elements of a payslip
• Compare the costs of direct and hire purchases, as well as a hire purchase agreement
Course Code7412
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