A transformational budgeting and money education resource designed to equip guests with the tools they need to get on top of their finances
How to run this course
The course can either be run in full as six interactive modules, or as a condensed version by omitting modules one and five. Both options are modular in design with each module designed to take one-hour. Most commonly the course is run two modules at a time over three sessions (or two sessions if running the condensed version). However it can also be run as a series of single one-hour sessions.
module
one
How do you feel?
Understanding your relationship with money
The course starts by exploring our emotional relationship with money and trys to understand why we behave as we do. Guests explore the social pressures that they face in relation to their finances and how they can seek to address the anxiety that it sometimes causes.
(This module should be omitted if running the Condensed course version)
module
two
The ‘B’ Word
Creating a budget
We begin to look practically at how we can manage our own finances. Guests discuss what a budget is, why it is the cornerstone of any attempt to control our finances, and how we deal with different issues that arise when creating a budget.
module
three
The Balancing Act
Earning, spending, saving
This module tackles the subject of getting our budgets to balance. Guests first look at their spending priorities, and then at their income and spending patterns, and we will spend some time discussing ideas for how to save money. We then turn our attention to the importance of savings and start to set some simple savings goals.
module
four
Credit Street
Thinking about debt
Whilst recognising that there are some advantages to using credit, we also explore some of the problems that credit brings. Guests look at different types of debt, and discuss the difference between ‘good’ and ‘bad’ debt. We end by suggesting some simple strategies for dealing with any debts guests may have.
module
five
Start Your Real Life
Maintaining a healthy balance
A healthy relationship with money is about much more than simply managing it well. In this module guests explore some attitudes and principles around money that will contribute to improved mental wellbeing.
(This module should be omitted if running the Condensed course version)
module
six
Piggy Banking
Managing your money day-to-day
The course ends by looking at specific tools guests can use to help them live with the budgets they have created. Guests look at how they can use their bank accounts to help make their day to day spending more manageable and make sure their bills can be met on time. We also challenge guests to think about what they will do after the course.
Money Course Guest Handbook
The Money Course Handbook is every guest’s indispensable companion to the course. Containing all the notes and exercises from the course itself, it is also an invaluable reference tool for the guest to use after the course.
We recommend that printed copies are ordered for each guest, but a low-res downloadable version is also available.
