Personal Finance

FIN 1010: Personal Financial Information

In this course you will be looking at:

1. Code of conduct and ethics in personal financial management
2. Individual Financial Management
   1. Regulations and Policies
   2. Economic Decision Making
      1. Interest
      2. price changes
      3. environmental issues
      4. competition
      5. Foreign currency exchange
   3. Compound Interest and increasing investments
   4. Paying yourself first
   5. Return on Investments
      1. Time
      2. Money
      3. Liquidity
      4. Emotional factors
3. Acquiring Financial resources
   1. Methods of acquiring capital
   2. Services by financial institutions
   3. Problems with using credit
   4. Insurance
      1. 
         
   5. Investment goals
      1. Objectives
      2. Time limit
      3. Strategies
   6. Investments
      1. short-term savings
      2. savings accounts
      3. term deposits
      4. T-bills
      5. stocks
      6. bonds
      7. mutual funds
      8. precious metals
      9. art
      10. jewellery/precious stones
      11. real estate
      12. mortgages
   7. Managing banking accounts
      1. Internet banking
      2. internet transactions
      3. stocks
      4. mutual funds
      5. RRSP
      6. RESP
      7. Emerging technology in banking
4. Personal budget
   1. Personal Investment Portfolio
   2. 
      

Saving and Budgeting

1. Mock personal balance sheet (net work, including assets, liabilities and personal equity)
2. Create a personal budget
3. Increasing personal net worth
   1. working for others
   2. self-employed
   3. Owning a business
   4. decreasing debt
   5. save more/spend less
   6. Investing savings