Module 1: Introduction to Financial Awareness and Management

This course is all about teaching you how to use Microsoft Excel to take charge of your personal finances. We’ll cover several important topics to help you manage your money wisely. In the first session, we’ll explain why it’s so crucial for retirees, especially those without a regular income, to be aware of their finances. Understanding your income and expenses can make your life more comfortable and secure.
The other lessons will get you hands-on with Excel. You’ll learn how to create your own income and expenses spreadsheet, which is like a special chart that helps you see where your money is coming from and where it’s going. Excel has some neat tools, and we’ll show you how to use them to understand your spending habits better. This way, you can make informed decisions about your finances and plan for a stress-free retirement.
So, get ready to dive into the world of Excel and personal financial management – it’s a skill that can make your retired life much more enjoyable and worry-free.

Course Objectives

Research has consistently demonstrated that when clear goals are associated with learning, it occurs more easily and rapidly. With that in mind, let’s review our intended learning outcome for this course:

  • Financial awareness and management
  • Understand Excel basics and setting up a financial spreadsheet
  • Tracking retirement income and expenses
  • Able to see expense patterns and trends
  • Able to perform personal budgeting and forecasting
  • Perform financial analysis with Excel tools