FIN 101 - Personal Finance

Credits: 3

Description
A study of the techniques of managing personal income, savings and expenses, making wise purchase decisions, and insuring, investing and controlling financial resources.

Student Learning Outcomes

Understand the process of making wise personal financial decisions.
Describe the controlling of financial affairs by avoiding excessive debt, bankruptcy and dependence on others for economic security and liquidity.
Become familiar with factors that influence money management and employment interviewing skills.
Understand services offered by financial institutions and the major sources of consumer credit.
Describe retirement planning, making investments and investments program and how safety, risk, income, growth and liquidity affect investment options.
Understand the characteristics of bonds, mutual funds, and why mutual funds are bought and sold.

Prerequisite: None