This class was created by Brainscape user Kianna Patel. Visit their profile to learn more about the creator.
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Kianna Patel
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Decks in this class (12)
Topic 1 - Purposes Of Money
What is barter,
The problems w bartering,
Problem w items w intrinsic values
8
cards
Topic 2 - Personal Life Cycle
What changes as you go through di...,
What are needs wants and aspirations,
What factors affect life events
12
cards
Topic 3 - Payment Methods
Advantages of cash,
Disadvantages of cash,
How does online banking help acco...
18
cards
Topic 4 - Everyday Banking
What is a current account used for,
Types of current accounts,
Why use a basic bank account
13
cards
Topic 5 - Savings
What are reasons for saving,
Key consideration when choosing a...,
Return on savings
10
cards
Topic 6 - Borrowing Products
Ways of borrowing,
Why do ppl borrow money,
Considerations before borrowing
31
cards
Topic 7 - Providers
Purpose of providers,
How are recent financial service ...,
Types of financial services provi...
45
cards
Topic 8 - Consumer Protection
Organisations that provide consum...,
What is the credit crunch,
What are the causes of the credit...
22
cards
Topic 9 - Budgets + Forecasts
What are the main tools ppl use t...,
What is a budget,
How does budgeting enable ppl to ...
22
cards
Topic 10 - Dealing With Unexpected Events
Eg of unexpected events w neg imp...,
Eg of unexpected events w neg imp...,
What are insurance policies
32
cards
Topic 11 - Dealing With Debt
Why do ppl fall into debt,
Actions ppl can consider when dea...,
Advisory organisations who may gi...
35
cards
Topic 12 - Earnings
What must everyone who works pay,
What does income tax ni contribut...,
What does nmw stand for
23
cards
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libf unit 1
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