Module 1 Summary

 

Heading out on your own summarizes the module theme. Carrying boxes into your new lodgings isn’t really a chore when you know you have your finances in order. You know you will get by.

 

Part of your preparation for an independent lifestyle was addressed in this module.

 

In Section 1 you explored how to create a conservative budget where income and expenses are in balance. With planning, you can splurge a bit on yourself today and also save towards your future.

 

In Section 2 you completed a thorough study of services offered by banks. To complete your Banking 101 project you explored chequing and savings accounts, investment possibilities, online banking, and accessing money through your debit card and bank machines.

 

And you investigated the module question: How does an understanding of personal budgeting and financial services help ensure lifelong financial health?