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Welcome to FM102

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

What financial goals have you


set for yourself?
Intent

Are they SMART?

VIDEO
Why Manage Money?
Some Stats

FNPF Annual Report 2019


Some Stats
< $10,000 303,854
69%

< $10,000 50-54yrs 22,368


Tot. 50-54yrs 40,113
56% 5%

< $10,000 45-49yrs 25,820


Tot. 45-49yrs 45,757
56% 6%

< $10,000 35-44yrs 67,527


Tot. 35-44yrs 119,316
57% 15%
26% of 69%
Some Stats

FNPF Annual Report 2020


Global Financial
crisis
Personal Financial
Planning
Teaching Team

Course Mrs. Amalaini T Tamata                       


Coordinator     
Room: S247, FBE Building 
Email: Tamata.Tikoduadua@usp.ac.fj 
Contact: +679 3231876

 Overall, course will be managed by me.


Lectures

Date Time Zoom link

Can access from Pre-recorded Np zoom link


Moodle on a required
weekly basis
Course Outline
• Download from Moodle.
• Still in draft mode.
• Have a good read and familiarize with everything
mentioned in the outline.
Assessments

• Everyone assigned a group for your


weekly tutorial submission in the Online
Discussion Forum
• Due every Monday at 12 mid day.
• This will be marked randomly and will
contribute 5% towards your coursework.
No late submissions will be marked.
• There will be 5 quizzes and will contribute
5% towards your coursework.
Assessment cont..

• There will be Two test instead of one Mid


semester exam
• One major individual project
• Please access the course outline in the Moodle
page for details of the assessment.
Assessment cont..

• There will be two test instead of one Mid


semester exam
• One major individual project
• Please access the course outline in the Moodle
page for details of the assessment.
Tutorials/Lectures
 ALL audio lectures will be recorded and can be accessed on the weekly
lecture posted in the FM102 Moodle page .

 Please ensure to join the weekly zoom tutorial for a more interactive
learning.

 It is mandatory for all students to submit their tutorial answers in the weekly
Online Discussion Forum (ODF) due every Monday at 12 mid day. This will
be marked randomly. No late submissions will be marked.

 Let Moodle be your source of information from now onwards regarding this
course.
Text Book

Mckeown, W., Kerry M., and Olynyk, M. 2014,


Financial Planning, 2nd Ed (Update Ed.), Wiley
& Sons Australia.

(You are strongly encouraged to purchase your


own copy of the text book.)
AOB
• Moodle interaction
• SLS Workshop
• Peer Mentor
• Guest Speakers TBC
Questions??

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