Finance Fundamentals: Managing the Household Balance Sheet

Prepare for the future through the effective management of household finances

Each household is its own miniature financial world, with a balance sheet comprised of assets (property, investments, pensions) and liabilities (household debts). Prudent management is essential to ensure these finances deliver the best returns.

On this course, you will learn to effectively manage your household wealth. You’ll learn about different types of borrowing and the associated debts, different types of mortgage, and different ways to invest your money.

By gaining a stronger grasp of household finance, you can best prepare for the future, and ultimately for a comfortable retirement.

This household finance course would be useful to anyone looking to more effectively manage their own household wealth and debts, with a view to preparing for the future. If you want to better understand the buying and selling of property, personal investment vehicles, and different forms of borrowing then you could benefit.

This course might also be of interest to current or aspiring business and management, finance, accounting, or actuarial science students, or financial advisors.

For further information about registration, the final assessment course, your eligibility and the BA in Business Management, visit The Open University’s website.

If you are aiming to use your study of courses in the Business and Finance Fundamentals program to obtain academic credit, please be aware that the final planned presentation of the Open University Assessment Course BXM191 Business and Finance Fundamentals in Practice starts October 2020. Please ensure that you allow yourself enough time to obtain all eight Certificates of Achievement from courses in the program before registering for the Assessment Course. Details of runs of the relevant FutureLearn courses in 2020 are available here.