FN 100 - Personal Finance

Number of Credits: 3
Research financial planning for individuals. Calculate the time value of money. Identify issues in personal tax planning, cash and credit card management, consumer loans, and purchasing insurance. Analyze various investments. Plan for retirement. Assess estate plan alternatives. (Fall, Spring & Summer Only) Three hours lecture each week. Three Credits. Three billable hours.

GENERAL EDUCATION Category: General Education Elective

Pre-requisite(s): eligibility for ENGL 101, plus exemption/completion of MAT 094, MAT 015 , or MATH 113 with a minimum grade of C.
Course Objectives: Upon successful completion of this course, students will be able to:
1. Explain the relationship between financial decision making and individual well being. (PG1; GE1)
2. Calculate the time value of money. (PG5; GE5)
3. Investigate consumer loans and purchasing insurance.
4. Identify ways to minimize tax liability, and effectively manage cash and credit card use. (GE5)
5. Compare investments. (GE4)
6. Describe decisions made for retirement. (GE6)
7. List alternatives for estate planning.
8. Develop a personal financial plan and budget that effectuates personal goals and well being. (PG1,5; GE7)