Personal Financial Health: Theory and Practice
Lecture, three hours. Helps develop class of financially literate students who will be financially secure today and in future. Students gain knowledge, skills, and confidence to take charge of their financial futures and have potential to prosper. Covers many financial decisions made by entrepreneurs. Interplay between financial conditions of business and financial situation of owner is something that many entrepreneurs fail to plan for when they launch new business. Specific topics covered include budgeting, time value of money, installment purchases, protection of assets, principles of investing, retirement and estate planning, psychology of money, income taxes, banking, and credit. Topics from behavioral finance include suboptimal spending, mistakes investors make, and money and happiness. Letter grading.
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