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libf finance - unit 1

This class was created by Brainscape user Fatou Diallo. Visit their profile to learn more about the creator.

By: Fatou Diallo
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Decks in this class (12)

Topic 1 - Purposes of money
Name the key features of money,
Name the functions of money,
Define acceptable
8  cards
Topic 2 - The personal life cycle
How can income influence a person...,
How does health influences a pers...,
How can someone s status influenc...
24  cards
Topic 3 - Payment methods
What are the advantages of using ...,
What are the disadvantages of usi...,
What is a standing order
22  cards
Topic 4 - Everyday banking
In relation to a cheque what info...,
To be acceptable as proof as a pe...,
Who are premier accounts designed...
20  cards
Topic 5 - Savings products
Why do people save,
What are the factors people need ...,
What is aer
29  cards
Topic 6 - borrowing products
What are overdrafts,
What are the ways to avoid costs ...,
What are credit cards
19  cards
Topic 7 - Providers
How do banks raise money,
Advantages of banks,
Disadvantages of banks
28  cards
Topic 8 - Consumer protection
What caused the credit crunch,
Define regulation,
What is the financial policy comm...
15  cards
Topic 9 - Budgets and forecasts
What is earned income,
What is unearned income,
Define mandatory expenditure
11  cards
Topic 10 - Dealing With Unexpected Events
What is general insurance,
What is life cover,
Health insurance
11  cards
Topic 11 - Dealing With Debt
Advantages of debt management plans,
Disadvantages of debt management ...,
What are administration orders
18  cards
Topic 12 - Earnings
Who sets tax and ni amount,
What are the working time regulat...,
Define personal allowance
7  cards

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libf finance - unit 1

  • Class purpose General learning

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