Managing my money for young adults
Managing my money for young adults

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

16 Session round-up

This last session of the course has been all about taking action now to plan for your financial future.

Getting on the property ladder, investing for the future and planning your pension are all things you should start to think about as soon as you start your working life.

Delaying action will defer the time when you have a property of your own and will make it difficult to secure sufficient funds in your pension pot to give you a comfortable life in retirement.

So while you should still enjoy life to the full when you’re young, don’t neglect to take decisions to ensure that you can still have an enjoyable lifestyle when you’re older.

You should now be able to:

  • understand what you need to do to buy a property
  • understand how to plan for a good pension
  • know what pension you can expect from the state
  • understand the alternative pension products and the factors that determine how much pension income you get from each
  • understand how the four-stage financial planning model can be used when making important financial decisions.

This course has aimed to give you the information needed to understand the key financial issues you will be faced with in life and the skills needed to make good decisions about your finances. We really hope that the course helps you both now and in the future.

If you are a teacher working with young adults, you might find this additional guidance for teachers [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)]   useful.

Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to University-level study, we offer two introductory routes to our qualifications. You could either choose to start with an Access module, or a module which allows you to count your previous learning towards an Open University qualification. Read our guide on Where to take your learning next for more information.

Not ready for formal University study? Then browse over 1000 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus371