Personal Finance

                     Bill Klinger

                               Syllabus 

	Date	Topic	Class Slides		In Class	Reading	Homework	Extra Credit	Resources
Week 1	1/18	Overview	Intro to Personal Finance		Ch. 1 review questions	Chapters 1, 2	Financial Plan Draft 1 PersFin1		Financial Literacy Quiz Portfolio App
	1/23	Financial statements	Cash Flows						Fin Learning kits BLS Consumer Expenditure Survey Spending and Saving Expenses by age What to do now
Week 2	1/25	Financial statements	Balance Sheets			Chapter 3	Financial Plan Draft 1 due PersFin1 due Financial Statements		Savings Rate How America Saves Net Worth by age Net Worth by age-2 Net Worth millenials Building Net Worth
	1/30	Time value of money	Future and Present Values						PV table FV table PV annuity table FV annuity table Excel FV Excel PV TI-83 Plus video Present value 2, 3, 4
Week 3	2/1	Time value of money	Annuities			Chapter 4	Financial Statements due Time Value of Money
	2/6	Taxes	Taxes				Time value of Money due Study Student Study Guide		IRS 1040 Schedule A Schedule B Tax Tables
Week 4	2/8	EXAM				Chapter 5	Financial Plan Draft 2 PersFin2
	2/13	Banking and Interest rates	Banking & Interest			Chapter 6		Refrigerator purchase	Simple interest rates video Yield curve video
Week 5	2/15	Money Markets	Cash investments			Chapter 7	Financial Plan Update due PersFin2 due
	2/20	Credit	Credit			Chapter 8	Credit		Check credit score
Week 6	2/22	Managing Credit	Credit Cards				Credit HW due Study Student Study Guide		Financial scams Credit news
	2/27	EXAM				Chapter 9
Week 7	3/1	Loans	Personal Loans			Chapter 10			Household Debt
	3/13	Home financing	Home Finance			Chapter 11	Loan Homework		Mortgage calculator Buy vs rent?
Week 8	3/15	Auto & home insurance	Auto and Home Insurance			Chapter 12		Buy vs lease
	3/20	Health insurance	Health Insurance			Chapter 13	Loan Homework due
Week 9	3/22	Life Insurance	Life Insurance				Study Student Study Guide
	3/27	EXAM				Chapter 14	Financial Plan Draft 3
Week 10	3/29	Investing basics	Investing			Chapter 15			Turn Your Kids Into Millionaires Importance of saving
	4/3	Stocks	Stocks			Chapter 16		Credit cards Investing	More on saving Real and nominal return video
Week 11	4/5	Bonds	Bonds			Chapter 17	Financial Plan Draft 3 due		Ray Dalio on investing Bond video
	4/10	Mutual funds	Mutual Funds			Chapter 18			Active vs Index Funds
Week 12	4/12	Asset allocation	Asset Allocation				Study		Bonds vs Stocks video Investment Basics Making a diversified portfolio Habits of Successful Investors Morgan Stanley advice at 16:37.
	4/17	EXAM				Chapter 19	PersFinFinal	Electric car
Week 13	4/19	Retirement planning	Employer Plans				Financial Plan Final		Is your 401(k) safe
	4/24	Retirement planning	Individual Plans			Chapter 20	PersFinFinal due		Retirement Roadmap Starting Out Retirement Basics Tools
Week 14	4/26	Estate planning	Estate Planning				Financial Plan Final due		Estate Planning
	5/1	Putting it all together	Putting it Together		Review portfolio results				The Simple Rules of Personal Finance

Resources

NOTE: What to do if you miss a class.

Read this!

Papers you write should be in the format of this template.  Make sure your references are cited properly and follow these guidelines.  NOTE: you should have both a citing in the text and a Works Cited page.

Guide for how to do well in this course.

Never send email like this.  A guide for sending professors email.

Get in the habit of reading The Wall Street Journal.  For quick news, try CNN/Money.  To learn more about investing go to Vanguard.  You should also listen to Bloomberg radio 1130 AM or the business news on 880 AM at 25 minutes and 55 minutes after the hour.  On TV, try CNBC or Bloomberg TV. 

Financial information on companies can be found at Bloomberg, Google, and Yahoo. 

There are many jobs and internships available.  Go to the RVCC Internship web pages.

Financial Literacy Quiz

*  Personality Profile and careers
*  Choosing a career

Reading List

If you are interested in investing, here are books you should consider reading: