Finance Fundamentals: Managing the Household Balance Sheet
Posted 2 days 12 hours ago by The Open University
Prepare for the future through the effective management of household finances
Each household is its own miniature financial world, with a balance sheet comprised of assets (property, investments, pensions) and liabilities (household debts). Prudent management is essential to ensure these finances deliver the best returns.
On this course, you will learn to effectively manage your household wealth. You’ll learn about different types of borrowing and the associated debts, different types of mortgage, and different ways to invest your money.
By gaining a stronger grasp of household finance, you can best prepare for the future, and ultimately for a comfortable retirement.
This household finance course would be useful to anyone looking to more effectively manage their own household wealth and debts, with a view to preparing for the future. If you want to better understand the buying and selling of property, personal investment vehicles, and different forms of borrowing then you could benefit.
This course might also be of interest to current or aspiring business and management, finance, accounting, or actuarial science students, or financial advisors.
For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit The Open University’s website.
This household finance course would be useful to anyone looking to more effectively manage their own household wealth and debts, with a view to preparing for the future. If you want to better understand the buying and selling of property, personal investment vehicles, and different forms of borrowing then you could benefit.
This course might also be of interest to current or aspiring business and management, finance, accounting, or actuarial science students, or financial advisors.
For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit The Open University’s website.
- Identify and understand the different forms of borrowing and the cost of debt
- Explore the different ways to invest and the returns provided by different investments
- Identify and understand how to buy and sell property
- Explore the ways to plan for a pension income
- Identify and understand how to compile a household balance sheet and to measure the risks associated with it