BUS-35 – Money Management

Course Outline (last revised 08/06/2007)

1. Personal Financial Planning in Action

   1. Making Financial Decisions

   2. Developing and Achieving Financial Goals

   3. Opportunity Costs and the Time Value of Money

   4. A 6-Step Plan for Personal Financial Planning

2. Money Management Skills

   1. A Successful Money Management Plan

   2. Personal Financial Statements

   3. A 7-Step Plan for Effective Budgeting

   4. Money Management and Achieving Financial Goals

3. Taxes in Your Financial Plan  (NOTE:  After this chapter, we jump to Chapter 11, Investing Basics, so we can begin the Investment Challenge)

   1. The Basics of Federal Income Tax

   2. Filing Your Federal Income Tax Return

   3. Selecting Tax Planning Strategies

4. Savings and Payment Services

   1. What Financial Services Do You Need?

   2. Selecting a Financial Institution

   3. Comparing Savings Plans

   4. Comparing Payment Methods

5. Consumer credit:  Advantages, Disadvantages, Sources, and Costs

   1. What Is Consumer Credit?

   2. Types of Credit

   3. Sources of Consumer Credit

   4. Applying for Credit

   5. The Cost of Credit

   6. Protecting Your Credit

   7. Complaining About Consumer Credit

   8. Managing Your Debts

6. Wise Buying of Motor Vehicles and Other Purchases

   1. Consumer Buying Activities

   2. Making Major Consumer Purchases:  Buying Motor Vehicles

   3. Resolving Consumer Complaints

   4. Legal Options for Consumers

7. Selecting and Financing Housing

   1. Evaluating Renting and Buying Alternatives

   2. Home-Buying Activities

   3. The Finances of Home Buying

   4. A Home-Selling Strategy

8. Home and Automobile Insurance

   1. Insurance and Risk Management

   2. Home and Property Insurance

   3. Home Insurance Cost Factors

   4. Automobile Insurance Coverages

   5. Automobile Insurance Costs

9. Health and Disability Income Insurance

   1. Health Insurance and Financial Planning

   2. Health Insurance Coverage (types of)

   3. Health Insurance Trade-Offs

   4. Private Health Care Plans and Government Health Care Programs

   5. Disability Income Insurance

10. Financial Planning with Life Insurance

    1. What Is Life Insurance?

    2. Types of Life Insurance Companies

    3. Selecting Provisions and Buying

    4. Financial Planning with Annuities

11. Investing Basics and Evaluating Bonds

    1. Preparing for an Investment Program

    2. Factors Affecting the Choice of Investments

    3. Factors that Reduce Investment Risk

    4. Conservative Investment Options

    5. The Decision to Buy or Sell Bonds

12. Investing in Stocks

    1. Common and Preferred Stock

    2. Evaluating a Stock Issue

    3. Numerical Measures That Influence Investment Decisions

    4. Buying and Selling Stock

    5. Long-Term and Short-Term Investment Strategies

13. Investing in Mutual Funds

    1. Why Investors Purchase Mutual Funds

    2. Classifications of Mutual Funds

    3. How to Make a Decision to Buy or Sell Mutual Funds

    4. The Mechanics of a Mutual Fund Transaction

14. Retirement and Estate Planning

    1. Planning for Retirement

    2. Your Retirement Income

    3. Estate Planning

    4. Legal Aspects of Estate Planning