Personal Financial Planning
Career Diploma
Personal Financial Planning Course Outline
The Financial Planning Course is comprised of 19 comprehensive lessons. They are easy to follow, yet challenging and stimulating at the same time. Each lesson begins with a subject matter preview and objectives, an introductory note from your instructor and a vocabulary builder of new words and terms.
Next comes the reading assignment. Practice exercises help you check and review what you've learned. At the end of the lesson is an open-book exam, which you may take online.
Lesson 1: Employment Opportunities in the Financial Services Industry
The purpose of this lesson is to acquaint you with the types of organizations that provide financial services. You will also learn about various occupations of people employed in the financial services industry, and future trends in the industry.
Lesson 2: Planning to Succeed
In this lesson, you will learn about personal financial planning and how to use it to achieve your goals. You will also learn about influences such as inflation and interest that affect financial planning. Finally, you will explore career planning and selection.
Lesson 3: Money Management and Taxes
In this lesson, you will learn how to manage your finances. You will learn how to create a personal balance sheet and cash flow statement. You will also learn how to create and manage a budget. Finally, you will explore the different types of taxes and tax strategies.
Lesson 4: Savings and Consumer Credit
This lesson explores the various types of financial institutions and what they offer. You will also learn about the advantages and disadvantages of using consumer credit.
Lesson 5: Consumer Purchases and Housing Decisions
In this lesson, you will learn strategies for making smart purchase decisions. You will also explore the differences between renting and buying a home.
Lesson 6: Insurance
This lesson explains the various types of insurance including automobile, homeowners or renters, health, and life insurance. You will learn about risk and how it influences coverage selection and cost.
Lesson 7: Investing Basics and Stocks and Bonds
In this lesson you will learn basic investing techniques. You will learn the differences between stocks, bonds, and other investment options. You will also learn how the time value of money affects the growth of investments.
Lesson 8: Mutual Funds and Real Estate
In this lesson, you will learn about the different classifications of mutual funds. This will include associated costs. You will also learn about investing in stock funds, bond funds, and real estate.
Lesson 9: Retirement and Estate Planning
In this lesson, you will learn the importance of retirement planning. You will learn the importance of reviewing your assets and liabilities now and projecting them for the future in assessing your retirement needs. You will also evaluate your retirement income and expenses.
Ready to get started on your Personal Financial Planning training? Enroll online or call 1-800-957-5412 to speak with an Admissions Advisor.
