FIN 420 Begins Education / snaptutorial.com

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FIN 420 Course Begins Education /
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FIN 420 Course Begins Education /
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• FIN 420 Entire Course

• FIN 420 Week 1 DQ 1

•  FIN 420 Week 1 Individual Assignment Identify
  Personal Financial Goals
• FIN 420 Week 1 DQ 1
• FIN 420 Week 1DQ 2
• FIN 420 Week 2 Individual Assignment Worksheets 6
  and 7
• FIN 420 Week 2 LT Deliverable

• Describe your current budgeting system. What
  factors influence your financial decisions? What
  are the benefits or concerns of your current
  budgeting system?

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FIN 420 Course Begins Education /
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• FIN 420 Week 1 DQ 2

• FIN 420 Week 1 Individual Assignment Identify
  Personal Financial Goals

• Ch. 1 of Focus on Personal Finance introduces
  eight components of personal financial planning.
  Describe three components of personal financial
  planning. Visit one of the Key websites suggested
  on the corresponding pages of Focus on Personal
  Finance for each of the three components you
  described.

• Follow the Goal-Setting Guidelines described in
  Ch. 1 of Focus on Personal Finance to write your
  action plan.
• This entire assignment must be presented in a
  single MS Excel spreadsheet file (not in an MS
  Word document).
• Use 2 separate sheets within a single file, 1 for
  the goals and a 2nd for the action plan.

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FIN 420 Course Begins Education /
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• FIN 420 Week 2 DQ 1

• FIN 420 Week 2 DQ 2

• Consider your personal cash flows. How would you
  adjust cash outflows (i.e. adjust your budget) if
  your household income was cut in half? If your
  cash inflows increased, how would you reallocate
  your surplus to meet your personal needs and
  objectives? How do you use credit as a part of
  your personal financial plan?

• Many different types of financial institutions
  exist. Differentiate between deposit institutions
  and non-deposit institutions. Provide two
  examples of deposit and non-deposit financial
  institutions with a brief explanation of each.
  How can you use each of these financial
  institutions to manage your cash flows and
  develop or enhance your personal financial plan?

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FIN 420 Course Begins Education /
snaptutorial.com

• FIN 420 Week 2 Individual Assignment Worksheets 6
  and 7

• FIN 420 Week 2 LT Deliverable (Update on Final
  Project)

• This entire assignment must be presented in a
  single MS Excel spreadsheet files (not in an MS
  Word document).
• Use 2 separate sheets within a single file, 1
  for the goals and a 2nd for the action plan.
• Format your spreadsheet professionally.

• FIN 420 Week 2 LT Deliverable (Update on final
  Project)

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FIN 420 Course Begins Education /
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• FIN 420 Week 3 DQ 1

• FIN 420 Week 3 DQ 2

• Evaluate your personal risk tolerance using
  Exhibit 11-2 A Quick Test to Measure Investment
  Risk in Ch. 11 of Focus on Personal Finance.
  Based on your results, were you considered more
  conservative or less conservative? What factors
  affected your investment choices?

• Financial experts agree that having an emergency
  fund is an essential component of a comprehensive
  financial plan. However, advice regarding the
  number of months of household expenses the
  emergency fund should cover varies between 3 and
  9 months. Taking into account the current
  financial environment

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FIN 420 Course Begins Education /
snaptutorial.com

• FIN 420 Week 3 Individual Assignment Personal
  Financial Plan

• FIN 420 Week 3 LT Deliverable (Update on Final
  Project)

• The above portion of this assignment must be
  presented in a single MS Excel spreadsheet files
  (not in an MS Word document).
• Use separate sheets within a single file, 1
  for each of the above requirements.
• Format your spreadsheet professionally.
•  

• FIN 420 Week 3 LT Deliverable (Update on Final
  Project)

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FIN 420 Course Begins Education /
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• FIN 420 Week 4 DQ 1

• FIN 420 Week 4 DQ 2

• Visit a site such as www.bankrate.com to
  determine current rates for both a 60-month and a
  36-month loan on a new car where the buyer must
  finance 20,000. Using the loan calculator, what
  is the difference in monthly payments between the
  60-month loan and the 36-month loan? Review the
  amortization tables.

• Adjustable rate mortgages (ARMs) have received a
  great deal of bad press due to the tremendous
  number of foreclosures resulting from families
  who could not afford the loan payments once the
  interest rates increased. Do you believe this
  loan option was used appropriately in recent
  years? Why or why not?

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FIN 420 Course Begins Education /
snaptutorial.com

• FIN 420 Week 4 Learning Team Assignment Market
  Analysis Proposal

• FIN 420 Week 4 LT Deliverable (Update on Final
  Project)

• Your team is a Personal Financial Planning team.
  Your client has hired your firm to provide an
  overview of common investment options, explain
  the current financial environment, and recommend
  the most suitable investment options based on
  personal financial goals.

• FIN 420 Week 4 LT Deliverable (Update on Final
  Project)

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FIN 420 Course Begins Education /
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• FIN 420 Week 5 DQ 1

• FIN 420 Week 5 DQ 2

• Life insurance is a topic many people do not like
  to discuss, but understanding your familys needs
  and planning appropriately in the event of a
  premature death is also part of a comprehensive
  financial plan. Outlined in Ch. 10 are four
  methods for estimating life insurance needs. If
  not, how can you close this gap?

• Consider your current financial plan. Based on
  what you have learned about your financial goals,
  risk tolerance, and risk and return of various
  investment options, what adjustments should you
  make to the asset allocation of your investment
  portfolio? What specific actions do you need to
  take to make those adjustments

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FIN 420 Course Begins Education /
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• FIN 420 Week 5 Learning Team Assignment Evaluate
  a Financial Plan

• Your team is a Personal Finance Planning team.
  The head of your firm has asked you to create a
  draft of certain sections of a new company
  training manual relating to evaluation of a
  financial plan, including determining personal
  insurance needs, comparing loan options,
  adjusting asset allocation relative to personal
  financial goals

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FIN 420 Course Begins Education /
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