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
Department Guidelines
The class syllabus must contain course learning outcomes, class environment/expectations/rules, evaluation/grading guidelines, and a disability services statement. A class schedule must be provided to students that contains content covered (text chapters, topics, etc.) and tentative test dates (to include final date/time). These documents should be reviewed with the ACCT Faculty at least one week prior to class start. If an LMS or software is used for the course, it must be approved by the ACCT Faculty.