Professional Documents
Culture Documents
Intro Pre-Recorded Lectures
Intro Pre-Recorded Lectures
Personal Financial
Planning
Effects on Personal Finances due
to COVID-19
• Loss of jobs means loss of household
income.
• Reduced hours.
• Decline in sales.
• Small businesses closing down.
• Travel bans.
• Reshuffle budgets.
• Increased costs (health, quarantine, etc.)
Effects on Personal Finances due
to COVID-19
• Increase in scams.
• Barter system becoming more useful than
ever.
• Farming becoming more useful.
• Restrictions on borrowings.
• Informal borrowings have increased.
• Low investment.
• Closure of major businesses (e.g. hotels)
Effects on Personal Finances due
to COVID-19
• Increase in scams.
• Barter system becoming more useful than
ever.
• Farming becoming more useful.
• Restrictions on borrowings.
• Informal borrowings have increased.
• Low investment.
• Closure of major businesses (e.g. hotels)
Intent
VIDEO
Why Manage Money?
Some Stats
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Text Book