This 6-week, 1-credit course will introduce many critical personal financial management topics with the goal of helping you develop successful financial skills. The course is activity-based with emphasis on your life as the basis for assignments. Successful students in this class will:
Learn about
Basic cash management
Savings and investing
Compound interest and the impact of interest rates
Credit, credit scores, and credit reports
Basic investing principles such as diversification, asset allocation, and risk vs. return
Managing risk and choosing insurance policies
Be able to
Construct basic personal financial statements and develop a record-keeping system
Construct a spending plan that helps you reach your needed surplus
Read your own credit report and use credit strategically
Construct personal financial objectives
Strategically use financial aid and other forms of debt to achieve goals