Right On the Money - Personal and Practical Personal Finance

Full overview

This lesson will help you get organized by centralizing your financial information. You will identify basic bank accounts and online services needed to make managing your finances straight forward and efficient.

The first thing that anyone can do is to analyze their current spending habits. What are necessary expenses and what are frivolous expenses and how much can be spent for each category? This lesson will also address what to do if you carry a balance on your credit cards, how to use one where you pay your balance off at the end of each month and the types of cards available.

Saving for retirement. We all know how important it is and that we need to do it, but sometimes we procrastinate. This lesson will help us develop or continue a plan to support ourselves in our "golden years." Remember that in our society, saving for retirement is a must for every individual! If you haven't started yet, then it needs to be a priority! The point is to start saving now and "find" the money even if it is foregoing that cup of coffee at McDonalds in the moring and putting that money away or washing your car at home instead of using the automatic drive thru and socking that money away.

Protecting yourself with insurance is a vital thing to do. You are protecting assets that you could never replace if they were lost. The key is to not over-insure or under-insure yourself. We will discuss the types of insurance that can and should be purchased. We will also discuss important considerations to be made before buying that next home or vehicle.

Being a savvy shopper will allow you to make intelligent decisions that will save you money and mistakes. This lesson will help you get the most out of your purchases big and small. Knowing what resources are available to you to help with financial considerations is also important. We will help you learn when it is time to bring in a professional that specializes in a particular field.

This is the last lesson of this course. By now you have learned that financial success isn't a matter of how much money you make or have, but rather how you manage it and everything else that is part of your financial life. If you are not 100% happy with your financial situation, then you are in control of making changes. Those changes will take a commitment from you to change the way you think and to change the way you currently live. Some changes may only need to be temporary for a couple of years until you can get a handle on things and other changes will be for life. In any case this lesson is your chance to set goals for yourself.

NOTE: While cellular hotspots may allow access to our courses, users may experience connectivity issues by trying to access our learning management system. This is due to the potential high download and upload latency of cellular connections. Therefore, it is not recommended that students use a cellular hotspot as their primary way of accessing their courses.

NOTE: While we understand that our courses can be viewed on Android and iPhone devices, we do not recommend the use of these devices for our courses. The size of these devices do not provide a good learning environment for students taking online or live online based courses.