Compound interest – Hyfa Foundation

Return to course: Foundations of Personal Finance Course

Foundations of Personal Finance Course

Financial Habits Questions

VIDEO: Workshop 1 - Bank Accounts
The history of banks
Why have a bank account?
Types of bank accounts
Opening an account
Managing your account

QUICK QUIZ: Bank Accounts

VIDEO: Workshop 2 - Personal Finance Products
Overdrafts
Debit cards
Credit cards
Loans
Applying for credit & credit scores

QUICK QUIZ: Personal Finance Products

VIDEO: Workshop 3 - Interest & Inflation
Interest: what it is & why it's charged
Why interest rates vary
Compound interest
Inflation
What you can do about it

QUICK QUIZ: Interest & Inflation

VIDEO: Workshop 4 - Saving & Budgeting
Benefits of Saving
Types of savings accounts
Tricks to develop savings habits
Ways to reduce your spending
Budgeting
How to keep on top of finances

QUICK QUIZ: Saving & Budgeting

VIDEO: Workshop 5 - Personal Tax & Payslips
Types of tax & how they are calculated
Why do we pay taxes?
Tax calculations at different earnings
How you pay your taxes
Understanding Payslips

QUICK QUIZ: Personal Tax & Payslips

Compound interest

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