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Personal Finance

Course Description

This course will provide a foundational understanding for making informed personal financial decisions leading to financial independence.

Grading

Daily Work (40% of Semester Grade): Tasks completed throughout the semester to develop skills

Projects/Presentations/Papers (25% of Semester Grade)

Assessments (35% of Semester Grade): Quizzes and Tests completed throughout the semester

Semester Test (15% of Final Grade): End of Semester Assessment

Classroom Expectations

1. Be Respectful (treat other the way you want to be treated, show kindness and consideration, accept others for who they are)

2. Be Reasonable (ask for permission and keep me informed)

3. Be Responsible (be in control of your own behavior, do your part when working with others, bring MacBook to class, and have your work completed on time)

Procedures

Snacks/Drinks: water only (otherwise ask for permission)

Electronic Devices: cell phones/music players - put away

Late Work: Turn work in on time; work not completed during class will be student's responsibility to complete outside of class. Accepted by end of week or make arrangements with me

Assignments

Mon, Nov 18 Welcome / Expectations / Financial GoalsHow to make informed personal financial decisions leading to financial independence?
Tue, Nov 19 Ramsey Video Clip / Life Cycle of Financial Planning
Wed, Nov 20 Ramsey Video Clip / Life with Sally / Personal Financial Plan
Thu, Nov 21 Ramsey Video Clip / Life Cycle Photoview / Introduction to Spending Plans / Personal Bathtub Analogy
Fri, Nov 22 Post-secondary plans / Developing a Spending Plan / Work submitted from the week
Mon, Nov 25Baby Step 1 / Life Cycle Photoview Presentations / begin 7 Baby Steps Opinion Paper
Tue, Nov 26Baby Step 2 / Spending Plan
Mon, Dec 2Baby Step 3 / Paycheck PowerPoint / Net Pay | Gross Pay practice
Tue, Dec 3Baby Step 4 / Paystubs 1 and 2 / Prepare for Life Cycle, Financial Plan, and Paycheck Assessment
Wed, Dec 4Baby Step 5 / Life Cycle, Financial Plan, and Paycheck Assessment
Thu, Dec 5Baby Step 6 / Introduction to Savings
Mon, Dec 9Baby Step 7 / Simple and Compound Interest / Ramsey 7 Baby Steps Opinion paper due by end of period
Tue, Dec 10guest speaker - budgeting
Wed, Dec 11Ramsey Video Clip - $100000 in student loan debt / Cash Management Tools
Thu, Dec 12You received $4000 this afternoon. What would you do? / Language of the Stock Market / 20 years of investing
Fri, Dec 13Ramsey Video Clip - new to investing / Stock Market
Mon, Dec 16Ramsey Video Clip - Ride the stock market / Stock Market Challenge (stock selections due Friday, Dec 20) / Prepare for the Saving and Investing Assessment
Tue, Dec 17Saving and Investing Assessment / Stock Research
Wed, Dec 18Catch Me If You Can
Thu, Dec 19Catch Me If You Can (questions due)
Fri, Dec 20Bell Ringer - balance a checkbook / check writing / balancing an account (deposits and withdrawals)
Mon, Jan 6Ramsey Video Clip - Best Places to Bank / Depository Institutions
Tue, Jan 7Ramsey Video Clip - How will the election affect the economy? / e-banking
Wed, Jan 8Video Clip - what is a Credit Score? / Credit Report / Credit Score Impacts
Thu, Jan 9Ramsey Video Clip - credit card companies don't want you to know (9:57 to 12:25) / first half credit cards / credit card vocab / Update Stocks
Fri, Jan 10Video Clip - credit cards for 18 year olds / Credit Cards - questions and statement
Mon, Jan 13Video Clip - number of credit cards / Credit Card options / Prepare for Banking and Credit Assessment
Tue, Jan 14Banking and Credit Assessment
Wed, Jan 15Ramsey Video Clip - Should I rent or buy? / Housing - renting vs owning
Thu, Jan 16Ramsey Video Clip - rent vs owning / How to locate a living space? / Update Stocks
Fri, Jan 17Ramsey Video Clip - tips for first time home buyers / Securing a living space