Personal Finance

Personal Finance: Getting Started

This course provides an overview of all the courses in the Personal Finance curriculum and helps you take the first step towards taking charge of your financial future. Fill in the profile questionnaire to receive a personalized curriculum for the courses offered in Personal Finance. You will receive a recommended sequence for the courses that you should take.

Personal Finance: Investing: Balancing Risk and Return

Many people dream of high investment returns with little or no risk involved, but real world investing requires a tradeoff between the return you expect and the level of risk you are willing to accept. This course will teach you about the risks and returns of different types of investments, including equities, fixed income and cash equivalents. You will create a personal investor profile and develop an investment strategy to reach your objectives. This is one of the four core courses in the Personal Finance curriculum.

Personal Finance: Retirement Planning I: Essential Concepts

With earlier retirement and longer life expectancies, you may find yourself spending nearly as many years in retirement as you did working. The best way to ensure a financially comfortable retirement is to think about what you want, then make a plan to help you get there. The earlier you start, the easier it will be to reach your goal-even if your savings are modest. This course helps you determine how much income you will need in retirement, and what you can expect from Social Security and employer pensions. It will also identify any shortfall you need to make up through personal savings.

Personal Finance: Setting Goals

Your personal goals drive the direction of your financial plan, yet many people do not know what their goals are. In this course you will learn how to translate your personal dreams into specific, realistic financial goals, and learn how to prioritize and balance short-term and long-term goals. This is one of the four core courses in the Personal Finance curriculum.

Personal Finance: Taking Stock

The first step in developing any financial plan is to gain a clear understanding of your current financial situation. This course helps you build a net worth statement based on your assets and liabilities, examines your cash flow, savings rate and emergency fund. It also explains what these numbers can tell you about your current financial situation and explores strategies to improve your future financial health. This is one of the four core courses in the Personal Finance curriculum.

Personal Finance: Time Value of Money

Time can be your best ally and your worst enemy when planning for your financial future. Time can help your investments grow, but can make your debts balloon through interest. Time can also affect the purchasing power of your money through inflation. In this course you will take a closer look at how time can affect the value of your money. You will explore compound interest and learn about the Rule of 72. You will learn how inflation impacts investing and how to account for inflation when developing your personal plan.

Personal Finance: Understanding Credit

Getting too far into debt is the biggest and most common financial mistake that consumers make. This course looks at the different types of credit available for you, what you need to know about your credit rating, and how to differentiate between dumb and smart credit. It also shows you how to turn things around if your debt load has become critical, providing a brief overview of the bankruptcy process.