Smart Spending and Saving

About this course

The workshop introduces key financial terminology and uses personal budgeting to examine the relationship between income and expenditure. It covers ways to reduce weekly spending, the main features of savings accounts, reasons for borrowing and different borrowing options, as well as the purpose of insurance. Teaching takes place through class activities and group work, with learners receiving resources to take away. There is no assessment. A follow-up one-to-one careers appointment is available for learners who want one.

What you'll learn

• Explain common financial terms
• Compare personal income with expenditure when preparing a budget
• Identify ways to reduce weekly spending
• Describe features of savings accounts
• Explain reasons for borrowing and compare different borrowing methods
• Describe the purpose of insurance

Is this course right for you?

The course is intended for beginner-level learners with a basic level of English and IT. Workshops are delivered in groups, and participants are encouraged to take part in class activities and collaborative work.

• Basic English and IT are needed
• Learning takes place in a group setting
• Learners are encouraged to participate in activities and group work

Before you go

• Bring A4 cartridge paper.
• Pens and ink are provided.
• Resources are available to take away after the workshop.