Personal & Family Financial Planning

Description

Personal and Family Financial Planning course will cover a wide range of critical personal financial management topics in order to help you develop good financial habits both in school and throughout your life.

Syllabus:

1. Understanding Personal Finance

• Path to Financial Security
• Time Value of Money

 

2. Financial Statements, Tools, and Budgets

• Managing Your Flows

• Creating and Reviewing Your Statements

• Analyzing Your Financial Statements

 

3. Managing Income Taxes

• Understanding Income Taxes

 

4. Building and Maintaining Good Credit

• Credit Basics and Debt Management
• Credit Reports and Scores

 

5. Managing Risk

• Insurance Decision Making
• Introduction to Risk Management

 

6. Investment Fundamentals

• Saving and Investing
• Owner or Lender
• Rules of Investing

 

7. Investing Through Mutual Funds

• Mutual funds and managed portfolios; create a personal investment plan

 

8. Personal Plan of Action

• Putting Your Plan Together

 

9. Bonus Module

• IRS Bonus Module: Steps to be a VITA Volunteer

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