Smart Money

Unit standard Title

Smart Money

Entry level

All learners from NQF level 1 to NQF level 4.
Aimed at all blue-collar workers: semi-skilled workers.
The course is aligned to the following unit standard:
"Managing Personal Finance" SAQA ID 243189 NQF Level 1.

Purpose and course outcome

The purpose of this guide is to provide the learner with the opportunity to review and reflect on every day issues relating to your money.

Learners will learn:

Where does my money come from?

  • Introduction to personal finance (income, deductions, gross income, net income)

Where did the money come from?

  • Introduction to finance within a business context (pay slips)
  • Understanding macro factors affecting our money (taxes/deductions)

Where can this money be stored?

  • Understanding where money is stored (banking services/how to open an account)

Banking and banking safety.

  • Understand the advantages and disadvantages of banking
  • Understanding how to conduct banking in a safe manner (tips/pin numbers/reporting)

Where does your money go?

  • Introduction to expenses (rent/transport/food/medical/witchdoctors/entertainment/funeral plan/pension)
  • Link personal expenses to personal cash flow

What is your financial status?

  • Setting your personal budget (money control/saving)

Why do I need to manage my financial status?

  • Understanding the importance of managing personal finance (freedom)

Being Money Wise.

  • Understand how to be money wise (needs vs. wants)
  • Understand the importance of being money wise (Stokvel vs. investing)
  • 1 day theory with visual aids/colour charts/practical examples and interactive sessions
  • Certificates of attendance are issued
Costing per course
  • Speak to your Sales Representative


Tel: +27 11 394 4141

Fax: +27 11 394 4224

Email: val.bruun@ikaheng.co.za

55 Forge Road

Kempton Park


Tel: +27 31 461 1392

Email: val.bruun@ikaheng.co.za

Address 11 Milner Street

Jacobs, Durban

PO Box 29198, Maydon Wharf

Cape Town

Tel: +27 21 951 2903

Fax: 086 726 4899

Email: val.bruun@ikaheng.co.za

15 Mill Road, 3rd Floor
Unit 115 Mega Park
(premises of Imperial Training Academy)
Bellville South