Find out how to manage your income and expenditure more effectively
This online courses explore how current economic conditions impact household finances, before showing you how to manage yours more effectively.
You will find out whether you have bad financial habits and how to address them; discover a simple four-stage model for making sound financial decisions; examine the two components of household budgeting – income and expenditure – and how to manage them; and look at a key area of household spending – insurance.
The Open University’s Centre for the Public Understanding of Finance created this course, with the generous support of True Potential LLP.
What topics will you cover?
- Financial planning over the life course
- Prioritising plans
- Human behaviour and financial decisions
- Applying a financial decision-making model
- Income and inflation
- Income and taxation
- Government benefits
- Factors influencing household expenditure
- Creating and managing a household budget
- Understanding when to buy insurance products
- The range of insurance products
When would you like to start?
Most FutureLearn courses run multiple times. Every run of a course has a set start date but you can join it and work through it after it starts. Find out more
Available nowThis course started 6 Jan 2020
Who is the course for?
For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit the Open University website.
IMPORTANT! If you are aiming to use your study of courses in the Business and Finance Fundamentals program to obtain academic credit, please be aware that the final planned presentation of the Open University Assessment Course BXM191 Business and Finance Fundamentals in Practice starts October 2020. Please ensure that you allow yourself enough time to obtain all eight Certificates of Achievement from courses in the program before registering for the Assessment Course. Details of runs of the relevant FutureLearn courses in 2019 and 2020 are available here.
Who will you learn with?
Who developed the course?
The Open University (OU) is the largest academic institution in the UK and a world leader in flexible distance learning, with a mission to be open to people, places, methods and ideas.
- LocationMilton Keynes, UK
- World rankingTop 510Source: Times Higher Education World University Rankings 2020
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