Personal Finance (FETAC Level 3)

The purpose of this award is to equip the learner with the relevant knowledge, skill and competence to assess and manage personal finances under supervision.

Course Content

• Discuss personal and cultural values surrounding money to include personal money and money belonging to other people or organisations
• Explain a personal budget to include income and expenditure
• Identify basic tax and social welfare deductions on a payslip
• Distinguish between current financial needs and future spending to include bills, necessities, discretionary spending and large expenditures
• Identify common social welfare entitlements
• Describe ways of managing payments, payment methods and costs incurred by various methods
• Give examples of the agencies that provide support during financial difficulty
• Demonstrate knowledge of consumer rights and the available mechanisms to exercise them
• Prepare a weekly spending plan
• Identify ways of saving money
• Prepare a savings plan
• Describe the economic and social environment and its impact on personal finance

• Upon successful completion of this course participants will receive a Fetac Level 3 Minor Certificate in Managing Personal Finances (5N0921)

For further information, fill in a course enquiry form, call us on +353 (046) 9249618 or e-mail info@midasgroup.ie – To register for this course, download the attached Booking Form and post / fax or book online by choosing Book Online option below.