$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
Personal Finance
$79
Plus membership
3 Credits
About This Course
ACE Approved 2024
The Personal Finance online course equips you to understand, plan, and manage your financial affairs.
What You'll Learn
Define key financial terms, such as budgeting, credit score, diversification, compound interest, time value of money, stocks, inflation, liquid assets, liability, APR, tax deduction, Roth IRA, emergency fund.
Summarize the major principles of personal finance and budgeting and explain how they contribute to overall financial well-being.
Assess the impact of taxation on personal finances, identify strategies to minimize tax liabilities, and make ethical and responsible financial decisions.
Develop a personalized budget, incorporating income, expenses, and savings goals, applying concepts from the course.
Develop a plan to protect your credit and manage debt.
Demonstrate an understanding of the factors involved in selecting a house, considering financial implications, location, market trends, home insurance options, coverage, costs, and relevance in protecting personal assets related to homeownership.
Evaluate different types of health, automobile, and life insurance coverage and articulate their importance in mitigating financial risks.
Design a diversified investment portfolio, compare different types of investment options, and demonstrate an understanding of stocks, bonds, and mutual funds.
Explore and understand the technological tools, platforms, and software available for managing personal finances, like budgeting apps, investment software, and banking technologies.
Develop personalized retirement and estate plans that align with individual financial goals, considering factors such as longevity, inflation, and the preservation and distribution of wealth.
Your Life, Your Schedule, Your Education
Transfer into over 3000+ institutions that accept ACE courses or transfer directly into 150+ partner schools.
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This course focuses on the development of practical methods of organizing financial information, how to interpret personal financial position and cash flow, develop achievable and worthwhile goals, and implement actionable plans and risk management techniques to meet those goals. Additional topics covered during Personal Finance includes money management, insurance, and investing.
There are no prerequisites for Personal Finance.
Topic | Subtopics |
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Personal Financial Planning in Action |
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Money Management Skills |
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Taxes in Your Financial Plan |
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Financial Services: Savings Plans and Payment Accounts |
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Consumer Credit: Advantages, Disadvantages, Sources, and Costs |
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Consumer Purchasing Strategies and Wise Buying of Motor Vehicles |
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Selecting and Financing Housing |
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Home and Automobile Insurance |
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Health and Disability Income Insurance |
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Financial Planning with Life Insurance |
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Investing Basics and Evaluating Bonds |
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Investing in Stocks |
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Investing in Mutual Funds |
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Starting Early: Retirement and Estate Planning |
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Your score provides a percentage score and letter grade for each course. A passing percentage is 70% or higher.
Assignments for this course include 4 graded exams.
The required eTextbook for this course is included with your course purchase at no additional cost.
Kapoor, Jack, Les Dlabay, Robert J. Hughes, and Melissa Hart. Focus on Personal Finance, 7th Edition. McGraw-Hill, 2022. ISBN: 9781260772371
Personal Finance students also take: