Introduction to Personal Financial Planning

Description

In this course, you will learn:

• Determine the breadth of personal financial planning and its implications.
• Make use of the SMART financial planning technique.
• Make progress toward your financial objectives while avoiding typical blunders.
• Examine the services provided by financial planners.
• Sort your assets and obligations into categories.
• Financial statements, including budgets, should be prepared and used.
• Calculate the present value of one or more cash flows.
• Examine the fundamentals of taxation, such as filing, deductions, exemptions, credits, and audits.
• Understand your alternatives for legally deferring or avoiding taxes.
• In a low-interest-rate economy, get ahead.
• Improve your grasp of how money affects your own happiness.

Syllabus:

1. An overview of Finance as a field of study and the Personal Financial Planning Process
2. Basic Financial Statements and Budgeting
3. Taxation Concepts and Tax Planning
4. Key topics and strategies for Personal Financial success