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Managing my money for young adults

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Managing my money for young adults

About this course

  • 5 hours study
  • Level 0: Beginner
  • Gain a digital badge

Ratings

5 out of 5 stars

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You can start learning at any time. By signing up and enrolling you can track your progress and earn a Statement of Participation upon completion, all for free.

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    • Welcome to the course


      You make thousands of decisions every day. Some of these decisions are trivial. 

      For example, you may find it very easy to decide whether to have cereal or pancakes (or both) for breakfast on Friday. Moreover, your choice of breakfast on a particular Friday is unlikely to have a significant impact on your future.

      Some decisions are hard and could affect your future. For example, you may find it difficult to decide whether to go to a university or choose an apprenticeship. Moreover, your choice in this case is likely to affect your future prospects.

      Personal financial decisions – that is, decisions related to your income, spending, savings or investing – are usually hard and could have a significant impact on your life.

      This 5-hour course is divided into 9 short sessions and introduces the knowledge and skills that are essential for good financial decision making – see the learning outcomes box below for details.

      Enrol on the course and a digital badge and course certificate are awarded if you complete all 9 sessions of the course.

      Authored by The Open University, this course has been funded by the Harrison Foundation and supported by the Harrison Centre for Social Mobility.

      Harrison Foundation logo Harrison Centre logo

  • Gain a digital badge

    Gain a digital badge

    By studying the course you will have the opportunity to gain a digital badge – you need to click on the ‘Enrol’ button to be able to do the quizzes and earn the badge.

  • Course learning outcomes

    By completing this course, you will:

     

    • Understand the basics of how an economy works.
    • Discover the importance of financial planning and budgeting.
    • Learn about the benefits of opening and using a bank account.
    • Compare the different types of savings accounts.
    • Explore what Inflation and interest rates are.
    • Understand the basics of how the stock market works.
    • Know what income tax and National Insurance (NI) contributions are.
    • Learn how to protect yourself against frauds and scams.
    • Consider the relationship between money and happiness.

     

  • Course dates:

    First Published 04/12/2025.

Course content

Below is the course content. You can click on any section here and it will take you through to this section of the course.

Course Reviews

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Course reviews

  • Kelechi Okereke

    Kelechi Okereke23 January 2026 2:59

    Rating entered. No review given

About this course

  • 5 hours study
  • Level 0: Beginner
  • Gain a digital badge

Ratings

5 out of 5 stars

Sign up to get more

You can start learning at any time. By signing up and enrolling you can track your progress and earn a Statement of Participation upon completion, all for free.

View this course

Sign up to get more

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Course rewards

  • Free Statement of Participation on completion of these courses.

  • Earn a free digital badge if you complete this course, to display and share your achievement.