Money for your dreams

I started to teach the financial literacy course on 15th May 2016. After the pre-testing, I realised that there is a huge gap in people's understanding and knowledge of how the financial world acts.

So, I would like to start with goals because our whole life is controlled by goals. Many participants of my course of financial literacy are dreaming about travelling. Why not? I also love travelling. Let's try to consider three tips for travelling.

Tip #1. Travel to a near town

As an inhabitant of Ternopil city, I probably want to visit Zbarazh. The bus single ticket costs 15 UAH. The distance is about 24 km. Thus, this goal is easy to achieve.

Tip #2. Travel abroad

ACCA P4 Advanced financial management - Interest rate swaps

I have been working as a financier for 20+ years, but I have never used swaps in my practice. It is a very interesting way to fix financial costs, but Ukrainian banks do not provide such services. I read about the swaps in P4 exam textbook. It seems that P4 examiner also likes the swaps and puts it into exam questions.

The first interest rate swap occurred between IBM and the World Bank in 1981.