32 episodes

This course covers all aspects of personal financial planning. You will learn how to set goals and create financial statements in order to budget and allocate your resources. We will discuss tax strategies, banking, cash and debt management, purchasing strategies, insurance planning and risk management, investing fundamentals, and retirement and estate planning. What is the one thing you will be handling for the rest of your life? Money! You will be confronted with countless decisions regarding your personal finances. Many of these choices are simple and of little consequence. Some other choices are of paramount importance and will determine your fundamental relationship with money and finance and whether you will control your personal finances or whether your personal finances will control you. This course will help you choose wisely! (http://www.wonderprofessor.com)

BUS-121: Financial Planning & Money Management Southwestern College

    • Investing
    • 4.0, 68 Ratings

This course covers all aspects of personal financial planning. You will learn how to set goals and create financial statements in order to budget and allocate your resources. We will discuss tax strategies, banking, cash and debt management, purchasing strategies, insurance planning and risk management, investing fundamentals, and retirement and estate planning. What is the one thing you will be handling for the rest of your life? Money! You will be confronted with countless decisions regarding your personal finances. Many of these choices are simple and of little consequence. Some other choices are of paramount importance and will determine your fundamental relationship with money and finance and whether you will control your personal finances or whether your personal finances will control you. This course will help you choose wisely! (http://www.wonderprofessor.com)

    • video
    Chapter 1 - Introduction: Personal Financial Planning - Slides 1 to 18

    Chapter 1 - Introduction: Personal Financial Planning - Slides 1 to 18

    Welcome to our class! This first presentation is our introduction to the class. We present a definition and discuss the benefits of personal financial planning as well as how to develop a flexible financial plan. We end with a discussion of the influences on personal financial planning and present a road map that will take us through the entire semester.

    • 38 min
    • video
    Chapter 1 - Financial Aspects of Career Planning - Slides 40 to 47

    Chapter 1 - Financial Aspects of Career Planning - Slides 40 to 47

    This quick discussion will cover the financial aspects of career planning. One of the common misconceptions is that your career is the most important financial decision you will ever make. This is not true. Your career is important but it is not your most important financial decision. But if your career is not the most important financial decision, what is? What is the most important financial decision you will ever make? The answer will surprise you!

    • 20 min
    • video
    Chapter 1 - Goal Setting & the Time Value of Money - Slides 19 to 39

    Chapter 1 - Goal Setting & the Time Value of Money - Slides 19 to 39

    One of the most common attributes of highly successful people is that they are goal oriented. We want to learn from them! In this presentation, we will learn how to create well-written goals that should help us attain the successes that all too often, people only dream about. We will also learn how to compute the future value of money and see that if we start young and are consistent, we can accumulate considerable sums simply by paying ourselves first each month ... before the cable payment, the cell phone payment, the credit card bill, the trash bill, the Saturday night fling, the daily trips to FiveBucks, etc.

    • 45 min
    • video
    Chapter 2 - Money Management & Financial Statements - Slides 1 to 14

    Chapter 2 - Money Management & Financial Statements - Slides 1 to 14

    For most all individuals, the two most important financial planning documents are the cash flow statement (a.k.a. income statement, income and expense statement, budget) and the net worth statement (a.k.a. balance sheet). In the chapter, we learn how to create these two documents. Keep them updated! Keep them current! They should serve you well for years to come.

    • 24 min
    • video
    Chapter 3 - Taxes & Financial Planning; How Much Does It Really Cost? - Slides 1 to 10

    Chapter 3 - Taxes & Financial Planning; How Much Does It Really Cost? - Slides 1 to 10

    "In this world, nothing is certain but death and taxes." No one likes to pay taxes. While we can't help you avoid taxes altogether, there are various strategies for helping you pay fewer dollars in taxes. We start our discussion with the various types of taxes and we also learn how to calculate the effect of taxes on purchases. In other words, how much does it really cost you after you take into account the effect of taxes?

    • 29 min
    • video
    Chapter 3 - A Typical Homeowner's Form 1040 - Slides 11 to 33

    Chapter 3 - A Typical Homeowner's Form 1040 - Slides 11 to 33

    In this presentation, we build a typical homeowner's tax return. We cover the Form 1040, Schedule 1, and Schedule A, the homeowner's friend. We learn how to calculate gross income, adjusted gross income, taxable income, and income tax due. We see the effect of adjustments to income, the standard deduction or itemized deductions, and tax credits. What we hope you will see is that while the typical homeowner's tax return is not trivial, it is not as difficult to produce as you might have been led to believe. Let's get started!

    • 1 hr 3 min

Customer Reviews

4.0 out of 5
68 Ratings

68 Ratings

Mr. long drive home ,

Don’t pass this up great introduction to personal finance

This teacher is informative and engaging. He provides information on a breadth of personal finance topics in a way that is approachable. I enjoyed this format because I could focus on the sections that interested me most and review sections as much as I needed. The information is great for non-business majors that want to learn how to begin to manage our personal finances.

Jeff in Napa ,

Unprofessional

Very difficult to listen to unless you like hearing a person babble.

madddawg23 ,

Southwestern 121

Will not play chapter 2. Please correct. Very good other than that.

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