This course provides participants with the necessary content for teaching personal financial education. Course content is aligned to state and national content standards for financial literacy. Participants learn critical decision making for financial planning, savings, investing, managing debt, career planning, retirement, and insurance as they calculate and prepare financial documents.
Note. Methods for teaching financial education are covered in EDD/537.
Broad Economic and Financial Concepts and Behavioral Economics
Identify economic and financial concepts and economic theories.
Differentiate between neo classical and behavioral economics.
Calculate a future value and present value.
Create a financial plan.
Prepare a financial statement.
Financial Planning, Budgeting, and Purchasing Decisions
Prepare a weekly, monthly, and annual budget.
Explain how to buy a car.
Explain how to select and rent an apartment.
Savings and Investing
Calculate rates of return.
Calculate compound interest.
Explain the risks of investing.
Use quantitative analytical tools to research a stock.
Balance a portfolio based on personal needs.
Managing Credit and Debt
Explain the advantages and disadvantages of credit.
Calculate the cost of credit.
Insurance, Taxes, and Personal Bankruptcy
Explain how to choose automobile coverage.
Explain how to choose renters’ insurance.
Explain how to choose health insurance.
Identify ways to decrease tax liability.
Identify the ramifications of bankruptcy.
Review
All objectives apply.
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While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
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