Personal finance
Business Studies J.S.S 3 Second Term
WEEK 5
Personal finance
Performance Objectives
Students should be able to:
1. Explain the meaning of personal finance.
2. State the uses of a personal budget.
3. Manage personal funds and keep records of expenditure.
Content
Meaning of Personal Finance
Personal finance refers to the methods in which an individual manages his money assets and real assets. Examples of money assets are cash and money market instruments. Examples of real assets are land, buildings, furniture’s, equipment, etc.
Uses of Personal Budget
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- Revision of last terms question paper
- Consumer protection agency
- How to seek redress
- How to make complaints
- Personal finance
- Business Studies JSS3 Second Term Mid-Term Assessment
- Test
- Forms of trial balance
- Trial balance
- Trading, profit and loss account
- Balance sheet
- Business letters
- Business Studies JSS3 Second Term Final Assessment
- Test
- Chapters 12
- Category JSS3
- Author ClassNotes Edu
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