Understanding personal finance & budgeting
Take control of your money: income, expenses, savings and a monthly budget you actually keep to.
- Duration
- 3 days · 18h
- Format
- Intensive multi-day, one day per week, or weekend
- Language of instruction
- Khmer, with English materials
- Locations
- Siem Reap, Kampong Chhnang, Phnom Penh
Objective
Provide participants with the essential knowledge and tools required to understand, control and manage their personal finances.
Main topics
- Understanding personal finance
- Identifying sources of income
- Understanding fixed and variable expenses
- Needs versus wants
- Preparing a monthly budget
- Monitoring actual expenditure against budget
- Managing cash
- Building savings
- Creating an emergency fund
- Setting short-, medium- and long-term financial goals
- Understanding basic banking services
- Responsible use of digital payments
- Introduction to financial risk
- Building a personal financial plan
Practical exercise
Each participant prepares his or her own simplified monthly budget and personal financial plan.
What is included
- Trainer-led sessions in person
- Printed workbook and reusable templates
- Individual and group exercises
- Certificate of participation on completion