| |
Oct 23, 2026
|
|
|
|
|
BUS 2141 - Personal Finance
Credits: 3
Catalog Description
This course focuses on the basics of proper money management for personal and family lives. Topics include budgeting, insurance, tax planning, investment, selecting financial advisors, estate planning, consumer credit, and current trends in financial services.
Additional fee to student: No
Learner Outcomes
- Define financial goals and understand the personal financial planning process necessary to achieve them.
- Develop a personal budget and use it to monitor progress towards financial goals.
- Understand the process of home buying and various mortgages.
- Calculate the amount of life insurance coverage needed and various policy provisions in life insurance policies.
- Identify benefits of having health care and other insurance coverage.
- Know the risks associated with investing.
- Demonstrate knowledge of estate planning in the accumulation of wealth.
- Create a living will and understand the need for a power of attorney and durable power of attorney for healthcare.
- Understand the complexities of consumer credit and the effective use of personal loans.
Major Areas of Course Content
- Financial statements, tools, and budgets
- Income taxes
- Checking and Savings accounts
- Maintaining and building good credit
- Credit cards and consumer loans
- Vehicle and other major purchases
- Buying a home
- Managing property and liability risk and managing health care
- Life insurance planning
- Investment fundamentals: stocks, bonds, mutual funds, real estate and high risk investments
- Retirement and Estate planning
Credit for Prior Learning Options
No credit for prior learning option is available for this course.
Add to Portfolio (opens a new window)
|
|
