Description

What you'll learn

• Define the scope of personal financial planning and understand its impact
• Utilize the SMART financial planning method
• Make progress toward your financial goals and avoid common mistakes
• Evaluate the services of financial planning professionals
• Classify assets and liabilities
• Use a formula to determine net worth
• Prepare and use financial statements, including budgets
• Account for rates of return and opportunity cost
• Determine the present value of single and multiple cash flows
• Review taxation basics including filing, deductions, exemptions, credits, and audits
• Understand options to defer or avoid taxes legally and responsibly
• Get ahead in a low interest rate environment
• Deepen your understanding of how money impacts your personal satisfaction