Lead educator: Martin Upton, Director of the True Potential Centre for the Public Understanding of Finance (PUFin) at the Open University Business School, and former Treasurer of Nationwide Business Society
Gain the skills to manage your personal finances: managing budgets, debts, investments, property purchase, pensions and insurance. The course starts by giving you practical guidance on how to compile a budget and use it to make good decisions about your spending. You’ll explore debts and investments, and find out how mortgages are used to finance home ownership. The critical issue of pension planning is explained, with guidance on different pension products. The course concludes by examining different types of insurance and offers practical advice on how to make rational decisions about which insurance products to buy. The course is taught in British pounds sterling, using examples of British financial products, however students from other countries will find the financial and budgeting advice applicable no matter what currency they are using.