This course offers and introduction to investigating, buying, and financing techniques for vehicles, consumer goods, insurance, and homes; consumer rights, responsibilities, and obligations; minimizing federal income tax; borrowing, saving, and investing.
Quarters Offered
Spring
Course Outcomes
Upon successful completion of the course, students should be able to demonstrate the following knowledge or skills:
- Prepare a written personal budget
- Calculate present and future value of investments
- Objectively decide between various types of insurance coverage
Course Content Outline
- Personal and financial planning
- Career Selection: Choosing and Finding a Job
- Financial and Personal Records: A Necessary Drudgery
- Personal Budgeting
- Banking Services: Using them effectively
- Strategy of Tax Management
- Obtaining and Using Credit
- Sources of Consumer Credit
- Consumerism
- Transportation: Your Automobile
- Selecting Consumer Durables
- The Housing Decision
- The Insurance Decision
- Life Insurance and Income Maintenance
- Health Insurance
- Property and Liability Insurance
- Formulating Your Investment Goals
- Fixed-Income Investment Alternatives
- Common Stock: Selection and Purchase
- Mutual Funds and Professional Investment Management