Personal Finance

Catalog description

This course intends to teach essential financial skills regarding personal debt management, budgeting, and savings, with an emphasis in the formulation of financial decision-making strategies that effectively utilize acquired financial competence to increase the student's level of financial literacy. Topics include financial planning, budgeting, managing / paying off student and personal debt, goal creation, strategy and decision making, understanding credit and investment products, interest rates, simple and compounding interest, time value of money concepts, opportunity costs, savings and planning for the future, savings vehicles, salary and wages, employment benefits, value of complete compensation packages, and income taxes.