Thomas College

Course Information

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Name:Personal Finance
Description:This course is designed to introduce students to important elements of personal finance, with a primary outcome being the development of a basic personal/family financial plan. Students will learn how to establish a monthly budget of income and expenses, establish good credit, be introduced to basic savings and investment strategies, and conduct efficient purchases utilizing cost/benefit and risk analysis. The management of personal loans, student loans, credit and debit card use, and checking accounts will also be covered in this course. Students will develop financial management skills that include application of effective tax strategies, successful negotiation of mortgage and automobile loans, management of equity lines, and the evaluation of insurance options including life, health, and disability. This course will also include some basic market investment strategies, including the choice to invest in stocks, mutual funds, bonds, government securities, and other investments that entail financial risk. Finally, students will be required to develop a retirement annuity plan.
Offered (DAY schedule):
Instructor Permission Required:N
Business majors are precluded from using this course to satisfy the General Education requirement.

Course Objectives

Upon completion of this course, students will be able to: Develop a balanced family budget that includes appropriate levels of savings and investment; Manage personal accounts such as checking, savings, IRA?s and annuities; Identify and exhibit the strategies to maintain a good credit rating; Judge financial risk ;Plan for retirement ;Apply product purchase strategies;Acquire assets using down-payment and leverage techniques, including the purchase of home and auto ;Develop an loan/asset repayment plan; Purchase appropriate levels of insurance for home, auto, life and other; Be conversant in basic market investment

Books Previously Used in this Course

Term Year Title ISBN Author Edition Publisher Instructor New Used Rental eBook
S 2017 (none) Bosse $0 $0 $0
S 2017 PERSONAL FINANCIAL PLANNING 9781305636613 GITMAN 14TH 17 CENGAGE L Campbell $0 $220 $0
F 2016 (none) Bosse $0 $0 $0
F 2016 (none) Campbell $0 $0 $0
F 2016 PERSONAL FINANCIAL PLANNING 9781305636613 GITMAN 14TH 17 CENGAGE L Campbell $285 $205 $175 $0
F 2016 (none) Cummins $0 $0 $0
S 2016 Bundle: PFIN 4 (with CourseMate, 1 term (6 months) Printed A 9781305722125 GITMAN 4 CENGAGE Gilbert $82 $0 $0