Personal Financial Planning
Financial decision making for households in planning your financial future: vision and goals, budgeting, tax, cash management, debt reduction, insurance, investment planning and portfolio management, retirement and estate planning. Business and family interests affecting personal finances.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
Course Outcomes: 

Apply tools from related disciplines

Develop and use a framework for financial planning.

Analyze financial data

Use this framework to create your own Personal Financial Plan.

Calculate and interpret key metrics

Analyze your personal financial data and determine key liquidity, debt, and savings ratios and include marginal and average tax rates.

Understand and manage risk

Articulate the risks of debt incorporate these principles into your lifetime financial plan.