BA 4530 - Personal Finance & Planning

• Understand the importance of personal financial planning, and how to use personal financial statements in budgeting and cash flow management
• Understand the various types of consumer credit available and how to qualify and utilize those types of credit for major purchases such as automobiles and homes
• Understand the differences between property insurance, liability insurance, health insurance, and life insurance, and how to use those various types of insurance to protect against catastrophic financial losses
• Have an exposure to stock, bond, and real estate investment and how these investments fit into retirement and estate planning

• None

• The importance of personal finance
• Financial planning
• Budgeting and cash flow management
• Managing your income taxes
• Management of monetary assets
• Credit use and credit cards
• Installment credit
• Automobiles and other major purchases
• The housing expenditure
• Risk management and property/liability insurance
• Health care planning
• Life insurance planning
• Investment fundamentals and portfolio management
• Investing in stocks, bonds
• Through mutual funds
• Buying and selling strategies
• Real estate and advanced portfolio management
• Retirement and estate planning