Module Introduction
Personal Finance
In this module, you will explore the framework of personal finance in Canada. This will include understanding the key elements of personal finance, including goal setting and achieving personal objectives. You will also explore the impact of economic factors such as inflation, interest rates, and individual taxes on personal finance. Finally, you will relate your understanding of personal finance to the study of business.
Learning Objectives
Define personal finance and identify the key elements
Discuss the importance of financial planning and goal setting in achieving personal financial objectives
Evaluate the impact of economic factors, such as inflation, interest rates, and taxes on personal finance decisions
Compare and contrast personal and business financial decisions
