FIN 420 Education on your terms/snaptutorial.com

1
FIN 420 Education on your terms/snaptutorial.com
2
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Entire Course For more classes
visit www.snaptutorial.com 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 (Update on Final
Project) FIN 420 Week 2 DQ 1
3
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 1 DQ 1 For more classes
visit www.snaptutorial.com Describe your current
budgeting system. What factors influence your
financial decisions? What are the benefits or
concerns of your current budgeting system?
4
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 1 DQ 2 For more classes
visit www.snaptutorial.com 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.
What information did you find most valuable on
the websites you visited?
5
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 1 Individual Assignment Identify
Personal Financial Goals For more classes
visit www.snaptutorial.com FIN 420 Week 1
Individual Assignment Identify Personal Financial
Goals   Resources Creating Financial Goals chart
in Ch. 1 of Focus on Personal Finance  
6
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 2 DQ 1 For more classes
visit www.snaptutorial.com 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
7
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 2 DQ 2 For more classes
visit www.snaptutorial.com 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?
8
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 2 Individual Assignment Worksheets 6
and 7 For more classes visit www.snaptutorial.com
FIN 420 Week 2 Individual Assignment Worksheets 6
and 7   Resource Ch. 2 of Focus on Personal
Finance Complete Worksheets 6 and 7 of Your
Personal Financial Plan at the end of Ch. 2 of
Focus on Personal Finance.
9
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 2 LT Deliverable (Update on Final
Project) For more classes visit www.snaptutorial.c
om FIN 420 Week 2 LT Deliverable (Update on final
Project)
10
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 3 DQ 1 For more classes
visit www.snaptutorial.com 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? Consider a friend
11
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 3 DQ 2 For more classes
visit www.snaptutorial.com 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, how many months of expenses would
you recommend
12
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 3 Individual Assignment Personal
Financial Plan For more classes
visit www.snaptutorial.com FIN 420 Week 3
Individual Assignment Personal Financial
Plan   Resources Focus on Personal Finance and
Worksheets 6 and 7 A. Create a Personal Financial
Plan in which you do the following  
13
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 3 LT Deliverable (Update on Final
Project) For more classes visit www.snaptutorial.c
om FIN 420 Week 3 LT Deliverable (Update on Final
Project)
14
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 4 DQ 1 more classes
visit www.snaptutorial.com 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? Under what circumstances does the use of
ARMs make sense? Please explain.
15
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 4 DQ 2 For more classes
visit www.snaptutorial.com 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. What is the difference in total interest
one would pay over the life of these two loans?
What do these differences show you about the true
cost of the car?
16
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 4 Learning Team Assignment Market
Analysis Proposal For more classes
visit www.snaptutorial.com FIN 420 Week 4
Learning Team Assignment Market Analysis
Proposal   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,
17
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 4 LT Deliverable (Update on Final
Project) For more classes visit www.snaptutorial.c
om FIN 420 Week 4 LT Deliverable (Update on Final
Project)
18
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 5 DQ 1 For more classes
visit www.snaptutorial.com 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. Which insurance
options are most appropriate for your family
situation?
19
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 5 DQ 2 For more classes
visit www.snaptutorial.com 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 or to establish your investment
portfoli
20
FIN 420 Education on your terms/snaptutorial.com
FIN 420 Week 5 Learning Team Assignment Evaluate
a Financial Plan For more classes
visit www.snaptutorial.com 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
21
FIN 420 Education on your terms/snaptutorial.com