Financial Management

pharduar
Mind Map by pharduar, updated more than 1 year ago
pharduar
Created by pharduar about 6 years ago
28
1

Description

Basic overview of Financial Management at junior secondary

Resource summary

Financial Management
  1. Income
    1. Earned
      1. Unearned
        1. Sources of income
          1. From Working
            1. Transferred from others
              1. From Owning Things
              2. Ways to Increase levels of Income
                1. Factors that determine the levels of income
                2. Credit
                  1. Types of Credit
                    1. Warning Signs
                      1. Good and Bad debt
                      2. Savings
                        1. Kiwisaver
                          1. Ways to Save
                            1. Motivation for Saving
                            2. Interest Rates
                              1. Simple Interest
                                1. Compound Interest
                                2. Taxes
                                  1. GST
                                    1. PAYE
                                    2. Personal Budgeting
                                      1. Income
                                        1. Essential vs non-essential expenditure
                                          1. Surplus vs Deficit
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