PLAN For Your Emergency
This course prepares participants for unexpected challenges to build and manage emergency funds effectively.
PLAN For Your Emergency free download
This course prepares participants for unexpected challenges to build and manage emergency funds effectively.
PLAN For Your Emergency
BY VINCENT MSC, CFP
Rationale
· A lot of people are struggling to raise emergency fund
· The increase in cost of insurance / tabarru, cost of medical and re-initiation of co-insurance / co-takaful / deductibles in insurance / takaful brings attention to people to contribute to cost of medical peril
· This proves that people will need more emergency fund starting now
Objective
The objective of this programme is to equip participants with the knowledge and skills to prepare for emergency times financially and holistically
Competency Standard
There are no relevant competency standards
Entry Requirement
The programme is opened to all public who
is aged 18 years old and above
understands basic English conversations
Learning Outcome
At the end of this programme, the participants will be able to:
Differentiate between emergency and non-emergency situations (L1 – Knowledge, L4 – Analysis)
Identify the importance of emergency fund planning (L1 – Knowledge)
Construct expense and liabilities list (L5 – Synthesis)
Construct emergency savings goals (L5 – Synthesis)
Calculate the amount needed for the emergency (L4 – Application)
Predict the consequences based on the emergency savings made and decisions made (L6 – Evaluation)
Topics Covered
Importance of risk and emergency management
Expenses and liabilities during emergency
Emergency savings goals and its amount
Review emergency plan and its consequences
