Managing Your Money and Keeping Records

Individual financial management appears to be a challenge. If we keep track of our spending, we can easily determine how much we have spent in a given day, week, or month. It is for this reason that you will learn how to effectively save money and maintain accurate records in this course.

About this course

The money we have in our wallets and accounts usually starts to run very low toward the end of the month, but we receive money from a variety of sources throughout the month, including salary, gifts, loans, and so on. Additionally, you are unable to explain how you spent your money. What might the issue be? This course is intended to help to teach you on how to manage money you receive daily, weekly, or monthly as needed, as well as to keep track of the money you receive and spend.

What You Will Learn: 1. How to carry out cash flow and assets analysis for households and businesses separately. 2. Understanding records keeping, its importance and benefits. 3. How to use information of record keeping for better financial decisions.

Author

German Development Cooperation (GIZ)

Level

Basic

Modules

2

Certificate

Yes

No chapter found in this course

Course Benefits

Unlock the Value: How This Course Empowers Your Business

The understanding of market engagement

This course encompasses the strategies and activities used to build relationships, create awareness, and foster loyalty among customers.

Membership

Become a member of the SME Digital Community

How To Make Money

Gain useful tips and lessons about making money in general

About the Instructor

German Development Cooperation (GIZ)

For more than 30 years, capacity development has been one of the key services delivered by GIZ. Around the globe, we advise people and organisations on learning and change processes. GIZ supports people in acquiring specialist knowledge, skills and management expertise. We help organisations, public authorities and private businesses to optimise their organisational, managerial and production processes. And, of course, we advise governments on how to achieve objectives and implement nationwide change processes by incorporating them into legislation and strategies.

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SME Digital Academy Our vision is to educate, empower and elevate millions of MSMEs in Nigeria and across Africa. Phone number: +234 81 327 99379 | +234 806 715 3900 [email protected]