Personal Finance

Lecture 1, Welcome to F260 Personal Finance

1.1 Course Resources and Expectations 

1.2 Basic Financial Statements 

1.3 Application: Income & Expense Statements and Budgets 

Lecture 2, Foundations of Personal Financial Planning

2.1 The Personal Financial Planning Process 

2.2 A Lifetime of Personal Financial Planning 

2.3 Application: Time Value of Money 

Lecture 3, Tax Planning and Preparation

3.1 Principles of Personal Taxation Planning 

3.2 Filing Status, Exemptions, Credits and Deductions 

3.3 Tax Preparation and Filing Options 

Lecture 4, Managing Liquid Assets

4.1 Cash Management Products & Services 

4.2 Checking Accounts & Demand Deposits 

4.3 Interview: Savings Objectives and Programs 

Lecture 5, The Personal Economics of Buying & Financing Automobiles

5.1 Making Decisions About Automobiles 

5.2 Automotive Resources & Research 

5.3 Application: Leasing vs. Purchasing an Automobile 

Lecture 6, The Personal Economics of Housing

6.1 Pros & Cons of Home Ownership 

6.2 Understanding Mortgages and Mortgage Refinancing 

6.3 Interview: Choosing the Right Home for Your Situation 

Lecture 7, Understanding and Using Open Credit

7.1 Availability of Types of Open Credit 

7.2 Understanding Open Credit Terms & Costs 

7.3 Establishing and Maintaining Credit Worthiness 

Lecture 8, Understanding Personal Loans

8.1 Sources and Types of Personal Loans 

8.2 Finance Charges, Monthly Payments & APRs 

8.3 Application: The Cash vs. Loan Decision 

Lecture 9, Understanding Life Insurance

9.1 The Basic Principles of Risk Management 

9.2 Types of Life Insurance 

9.3 Interview: Determining Type and Amount of Life Insurance 

Lecture 10, Understanding Property & Casualty Insurance

10.1 The Basics of Homeowner's Insurance 

10.2 The Basics of Property & Liability Insurance 

10.3 Interview: Making Automobile Insurance Decisions 

Lecture 11, Investment Basics

11.1 Risk, Return, Diversification and Life Cycle 

11.2 Asset Allocation and Life Stage 

11.3 Interview: Finding and Choosing a Personal Investment Advisor 

Lecture 12, Investing in Financial Assets

12.1 Risks and Returns of Investing in Financial Assets 

12.2 Basics of Equities and Bonds 

12.3 Application: Calculating Security Prices and Yields 

Lecture 13, Investing in Mutual Funds

13.1 The Basic Principles of Mutual Funds 

13.2 Choosing the Right Mutual Fund 

13.3 Historical Perspectives in Funds & Services 

Lecture 14, Alternative Personal Investments

14.1 Real Estate Investments 

14.2 Investing in Precious Metals & Commodities 

14.3 International Investments & Securities 

Lecture 15, Retirement Planning

15.1 Sources & Types of Retirement Income 

15.2 Self-Directed & Annuity-Based Plans 

15.3 Interview: The Big Picture in Retirement Planning 

Lecture 16, Case Studies in Personal Financial Planning

16.1 Kevin: Age 21 

16.2 Jane: Age 30 

16.3 Phil & Hillary: Ages 47 & 45