BA 320 - Personal Finance

1. Analyze the process for making personal financial decisions and  development of personal financial goals for all life stages;
2. Describe activities related to career planning and advancement and its relationship to your financial plan;
3. Develop a personal balance sheet and cash flow statement, and a budget;
4. Develop skills needs to manage financial documents and money management activities;
5. Calculate taxable income and amounts owed to US and State and prepare a tax return;
6. Identify and analyze the factors used to evaluate financial institutions and savings plans;
7. Define consumer credit, analyze major sources of consumer credit, and identify steps to avoid or correct credit mistakes and describe laws that protect you;
8. Explain the home buying process, calculate the costs associated with home buying and ownership and evaluate housing alternatives – rent or buy?;
9. Identify and analyze the factors the influence insurance decisions:  property, motor vehicle, life insurance, health insurance, disability, and long term care;
10. Explain insurance coverage necessary to provide you with financial protection in all aspects of your life;
11. Describe retirement saving and planning options to include: housing, social security, budgeting and employer retirement plans.