Personal Finance

Personal Finance Syllabus

"I think students should definitely take this course. it goes in-depth about ways to save your money, how to invest it, and also buying houses, etc. High schoolers will be going to college soon, and you also learn about saving for college and college loans. This can help you prepare for the future." Jordan B.

"There’s not really a way to learn about death before your time but you can learn about taxes. Taxes are only a small portion of finances, however. Over this semester, we have learned about taxes, savings, retirement, checks, credit cards and scores, and other things in life dealing with money. There are key points to everything within these areas. Because of this class, I am more confident than ever in handling my own money. I can now recognize finance mistakes before I make them. Every high school student should have the experience that I now possess. I feel more secure and ready; ready to go to college and live on my own." Sally P.

Taxes, Checking, Saving, Paying for College, Types of Credit, Managing Credit, Investing, Insurance, Budgeting

What do I need to know in order to be a financially responsible citizen?

A PAST STUDENT'S SUMMARY OF THE COURSE

Summary_ Personal Fincance Brianna Busch.pdf

State Standards--Iowa

Business, Finance, Marketing and Management

  • Core Standard 7: Financial Analysis: Understands tools, strategies, and systems used to maintain, monitor, control, and plan the use of financial resources.

    • 7.2 Analyze financial needs and goals to determine financial requirements.

      • 7.2.1 Explain the need to save and invest.

      • 7.2.2 Set financial goals.

      • 7.2.3 Develop budgets for personal and business uses.

      • 7.2.4 Determine personal net worth.

    • 7.3 Manage personal finances to achieve financial goals.

      • 7.3.1 Explain the nature of tax liabilities.

      • 7.3.2 Interpret a pay stub.

      • 7.3.3 Prepare bank account documents (e.g., checks, deposit/withdrawal slips, endorsements, etc.).

      • 7.3.4 Maintain financial records.

      • 7.3.5 Read and reconcile bank statement.

      • 7.3.6 Calculate the cost of credit.

      • 7.3.7 Demonstrate the wise use of credit.

      • 7.3.8 Demonstrate procedures to validate credit history.

      • 7.3.9 Make responsible financial decisions.

      • 7.3.10 Protect against identity theft.

      • 7.3.11 Pay bills.

      • 7.3.12 Control debt.

      • 7.3.13 Prepare personal income tax forms.

      • 7.3.14 Discuss the nature of retirement planning.

      • 7.3.15 Explain the nature of estate planning.

      • 7.4 Understand the use of financial-services providers to aid in financial-goal achievement