Contents
Unit 3: Personal and Business Finance
Module objectives
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Objectives
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The function and role of money
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The functions of money
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The role of money
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Pause for thought
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Culture, including religion and ethical beliefs
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Interest rates and cost of borrowing
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Expenditure planning
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Different ways to pay
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Different ways to pay
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Current accounts
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Current accounts
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Managing personal finance
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Managing personal finance
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Loan services
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Savings and investment services
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Insurance products
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Module 1: Understanding the importance of managing personal finance

Managing personal finance

 
You may need to use financial goods and services to manage personal finances effectively.

These may include:

Loan services

Savings and investment services

Insurance services

It is important to choose the most suitable products and services to suit your individual needs.
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