MONEY
Section Content
PERSONAL LIFE-CYCLE
- Stages of the personal life-cycle
- Needs and wants MAKING DECISIONS
- Choices and opportunity cost
- Costs and benefits CHOOSING TO SPEND
- Demand and the personal life-cycle
- Markets and prices - Effects of competition CHOOSING TO SAVE
- Reasons for saving
- Methods of saving - Choosing where to save CHOOSING BORROW MONEY
- Reasons for borrowing money
- Methods of borrowing money - Choosing where to borrow money - Impact of changing interest rates MANAGING YOUR MONEY
- Benefits of financial planning and budgeting
- Planning for uncertainty - Moral and ethical issues - Influence of government on personal finances |
Useful Resources
Useful Websites |