BA 320 - Personal Finance

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