Te Wananga o Aotearoa money management course starting in Whanganui

Te Wananga o Aotearoa is running a personal money management course in Whanganui this term.

A new course at Te Wananga o Aotearoa's Whanganui campus is "free of money but not free of commitment".

Tutor Grant Adams says the no-fees Certificate in Money Management course starting at the end of February has not been offered in Whanganui for the past five years although it runs at other locations around New Zealand.

"It's knowledge that people should have around personal financial management," Mr Adams said.

"It covers things people often don't know because no one told them or they just didn't want to know. They are definitely disadvantaged by not knowing."

The level three course teaches students about their current financial position, money habits and goals, debt management, how to create and protect wealth, retirement planning and property investment.

They will learn how to budget, make informed financial decisions, manage finances, talk to banks and lenders and understand interest rates, investments and how to protect their assets.

The 20-week course involves a class once a week with some extra tutorial study sessions, making an average of five hours' work per week.

"It's worth the time I think," Mr Adams said.

"It can lead on to more advanced courses and in the second term there's a complementary course for setting up your own business."

The money management course requires a minimum of 20 students, with a maximum of 30.

People who are interested in enrolling should ring 0800 355 553 to book an information session. The sessions will run twice a week in the lead-up to the course starting and provide an opportunity for people to decide whether the course is for them and for the Wananga to assess whether they are suitable for the course.