FI 123 - Personal Finance

Prerequisite: M 109 or equivalent. This course covers finance concepts and techniques as they apply to the day to day management of personal finances. Students will learn how to set personal financial goals and the skills to achieve those goals. Topics include the time value of money, cash budgeting, retirement planning, home and auto purchases, education planning, estate planning, tax planning, investing (in bonds, stocks, and mutual funds), insurance, etc. The course employs MS Excel, financial planning software, and online applications in all topic areas.
3 credits