Understanding Saving Products
17 min of video9 modulesScored assessment
About this course
After you have completed your personal budget, you must have become aware of the amount that you can save each month, which means that you must determine the most appropriate way to save your money.
Remember, choosing an appropriate savings method will make you feel safe.
Savings enable you to plan for future needs and projects and to do things you desire.
Savings methods vary between formal, semi-formal and informal savings methods, and each of these methods has different advantages and disadvantages that we will discuss later.
What it covers
- 01
Saving Methods
- 02
Formal Saving Methods
- 03
Semi-formal saving methods
- 04
Informal saving methods
- 05
Choosing a savings product
- 06
Regular Savings Account
- 07
Contractual savings account
- 08
Term Deposit Account
- 09
Examples of savings accounts
Ends with a scored assessment.
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