FIN131 Personal Finance
Students will develop an understanding of personal finance concepts from a biblical worldview. Topics will include saving, personal budgeting, debt, purchasing decisions, insurance, investments, retirement and college planning, career choices, real estate and mortgages and generosity. Students will apply these concepts to their current and future personal financial situations as a foundation for effective lifelong stewardship.
Credits: 3
Student learning outcomes
- Set financial goals and develop a financial plan, including creation of a budget.
- Manage cash and savings strategically.
- Understand the opportunities and risks of debt.
- Evaluate insurance needs and options.
- Understand investments, including the time value of money and retirement planning concepts.
- Explain the impact career choices and employment on their financial strategy.
- Build a biblical philosophy of generosity into their financial stewardship strategy.