Indiana University Preface to Personal Financial Planning
Understand how fiscal planning impacts your particular wealth over a continuance. This course develops your capability to work with income statements, balance wastes, budgets, and levies to achieve your fiscal pretensions.
Estimated 4 weeks and 4 – 6 hours per week
About this course
Preface to Personal Financial Planning is made possible by the Brian and Sheila Jellison Family Foundation.
The Preface to Personal Financial Planning course is designed for individualities to make fiscal knowledge, one of the most burning requirements Americans face moment. Financial opinions made by individualities impact the larger community in significant ways with pervasive cost due to fiscal miscalculations.
A recent study by the Financial Industry Regulatory Authority (FINRA) reveals over 50 of Americans have lower than $6,7000 saved for withdrawal. In addition, over 50 of Americans have no exigency fund, unfit to manage with an unanticipated auto form without adopting finances. Fiscal knowledge is an critical need for numerous.
In this course, you ’ll gain the introductory structure blocks of fiscal knowledge to make a secure foundation for your future.
This presto- paced course prepares you to
Make a fiscal plan through a step-by- step approach designed to meet your particular fiscal objects
Understand fiscal planning rudiments including income statements, balance wastes, and budgets
Fete how planning and timing impact your particular wealth over a continuance
Go deeper into your understanding of levies and how duty opinions impact your wealth
Identify obstacles to sound fiscal opinions, including common cognitive crimes and evidence impulses
Discover precious coffers including particular fiscal itineraries
Explore the compass and purpose of particular finance and its part in the broader diapason of fiscal knowledge
Appreciate how positive underpinning and exploration- grounded substantiation impact your fiscal pretensions
Make your plutocrat operation chops through course vids, named short readings, and tone- paced conditioning. You ’ll gain practical chops, understand the core generalities of fiscal planning, and achieve a broader understanding of how particular fiscal planning contributes to a successful and fulfilling life.
Ameliorate your fiscal situation, net worth, and withdrawal plan by registering for the Personal Finance Program.
At a regard
Institution IUx
Subject Economics & Finance
Level Introductory
Prerequisites
Good reading appreciation
Introductory computation
Amenability to learn
Language English
Videotape Paraphrase English
Associated programs
Professional Certificate in Personal Finance
What you ’ll learn
Through course vids, named short readings, and tone- paced conditioning, scholars gain both abstract and practical knowledge of core generalities of fiscal planning to.
Define the compass of particular fiscal planning and understand its impact
Use the SMART fiscal planning system
Make progress toward your fiscal pretensions and avoid common miscalculations
Estimate the services of fiscal planning professionals
Classify means and arrears
Use a formula to determine net worth
Prepare and use fiscal statements, including budgets
Account for rates of return and occasion cost
Determine the present value of single and multiple cash flows
Review taxation basics including form, deductions, immunity, credits, and checkups
Understand options to postpone or avoid levies fairly and responsibly
Get ahead in a low interest rate terrain
Consolidate your understanding of how plutocrat impacts your particular satisfaction
