Services offered
Personal Money Management Training
Business Finance for the Non-financial Managers
Financial Coaching
Personal Money Management Training
Personal money management training has been split into:
- personal money management training and
- financial literacy training (basic personal money management).
Personal money management training is suitable for people who have a basic understanding of financial concepts but want to know more about how to manage their money.
- Personal Money Management Training
- a) Duration
Personal Money Management is either a half day (4 hours) or full day workshop (8 hours)
- b) Target Audience
This workshop is designed for adults with a basic understanding of financial concepts but who want to improve their personal money management skills
- c) Content
This workshop covers topics at a level higher than the basic personal money management training plus a number of additional topics and enhanced content. The following topics are covered.
- Needs vs. Wants
- Money Behaviours
- Interest rates and financial products (reduced content for half-day workshop)
- Your rights under the National Credit Act
- Debt avoidance and debt reduction
- Why you should save and how to save
- Personal Budgets and Expense Management
- Basics of Investing (full day workshop only)
- Financial Jargon and Basic Economic Indicators (full day workshop only)
- Half Day workshops
Half day workshops are 4 hours and the content can be tailored to suit client requirements.
Half day workshops can be a standalone workshop providing delegates with an understanding of the most important aspects of personal money management.
Half day workshops can also be the full day workshop split into 2 half days.
- Full Day Workshops
Full Day workshops are 8 hours.
Basic personal money management (Financial Literacy) training is designed for people with limited formal education and is typically suited to factory workers.
- Basic personal money management (Financial Literacy)
- a) Duration
Basic personal money management (Financial literacy) is a three hour workshop
- b) Target Audience
This workshop is designed for adults with little or no financial education.
- c) Content
The following topics are covered in the basic personal money management workshop
- Needs vs. Wants
- Financial Behaviours
- Interest rates and Basic financial products
- Responsible use of credit
- Your rights under the National Credit Act
- Debt avoidance and debt reduction
- Why you should save and how to save
- Personal Budgets and Expense Management
Basic Business Finance Training (for non-financial managers)
Customised corporate training is provided for non-financial managers wishing to know more about business finance. North Star Solutions will spend time with your company’s financial management and customise a workshop designed to teach non-financial managers the basics of business finance.
Training material is developed and presented by Paul Barnard CA (SA) who has 25 years of experience in various senior financial management positions.
a) Duration
This workshop is a full day workshop (8 hours)
b) Target Audience
This training is best suited for line managers and cost center holders who do not have a formal financial education.
c) Content
Course content typically covers the following topics
- Explanation of your company's annual financial statements from the “Top Line” to the “Bottom Line”
- Understanding key financial ratios used in your company and in the financial world
- Why budgets and reprojections are so important in a business
- Explanation of your company’s budget cycle
- Expense control and managing budget variances
- Financial Jargon
Financial Coaching
Financial coaching is available for individuals or couples who would like a personal financial coach to help them define and achieve their personal financial goals.
|
