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Running a small business or looking to learn some accounting basics? Learn how to budget correctly and you’ll likely end up with more freedom to spend rather than less. If you’re conscious of your outgoings in advance, you can plan around them and prepare yourself for most things that life throws your way.
Learning how to create a budget doesn’t have to be complicated. This course explains exactly what budgeting is and why you should do it and introduces some basic budgeting tips for learners to implement. We also spend some time identifying irregular income budgeting issues so you can plan around them.
You’ve heard it before, and you’ll hear it again:
“I’m sorry, not this month. The budget doesn’t allow for it.”
Pretty annoying when that happens. But you know it’s for the best, because it’s essential for a business to have a budget in place.
A budget isn’t an arbitrary constraint on your spending. It’s a detailed plan for your money, helping you decide the best thing to do with it. Knowing your budget frees you up to make better business decisions and helps keep you afloat.
Let’s face it, budgeting isn’t the most fascinating of subjects. Unless you love numbers, it’s always going to be a challenge to stop people dropping off, let alone engage them. So, we inserted a little humour and our trademark conversational style to carry the story. We follow someone who really needs to budget, and an assistant who helps them learn about it.
This short course introduces the concept of dealing with debt ‘snowballs’, and suggests a useful mnemonic to help the learner recall different tips to budget easily. We follow it up with an infographic as blended learning that can be referred to at the learners’ leisure when they require a refresher.
Everyone has the right to learn and learner need can vary demanding on environment or disabilities. This course comes with transcripts so people have text options for an media, subtitles for all videos and is screen reader friendly with alternative text.
We take a number of steps to ensure visuals and navigation is easy for your people. For more information on the steps we take for accessibility check out how we make our courses.