Personal Finance
What is Personal Finance?
Personal finance is the management of money and financial decisions for an individual or household. It includes budgeting, saving, investing, and spending.
Most people need some guidance when it comes to personal finance. There are many resources available, including books, articles, websites, and financial planners. One of the most important things to do is to educate yourself on the basics of personal finance. This will help you make informed decisions about your money.
Some key topics to learn about include budgeting, saving, investing, and spending. You also need to be aware of financial risks and how to protect yourself from them. Additionally, it’s important to know about different financial products and services, such as loans, credit cards, and insurance.
Personal finance is something that you will need to deal with throughout your life. By learning about it now, you can set yourself up for success in the future.
Personal Finance Resources
Investment vehicles, insurance, and retirement
Let your money travel through time! Investment vehicles let your spend money now to get more money later (they usually have nothing to do with cars). Insurance is a way of spending money now to protect against future losses....
Planning your Wealth over a 5 year Horizon
In this Capstone project, you will have to choose between three different characters (each with a unique set of financial constraints and objectives) and design an appropriate wealth plan for them over the next 5 years. You will have to use the knowl...
Taxes
Benjamin Franklin (and several other writers/philosophers) tells us that “In this world nothing can be said to be certain, except death and taxes.” He's right. This tutorial focus on personal income tax. Very important to watch if y...
Sense and Dollars
A website from the US Department of Education that uses games to teach financial literacy. Kids can learn how much they will have to work to earn the money for something, how to do a budget, etc....
Finance for Everyone Capstone Project
Each course in F4E offers key insights and knowledge you will be able to apply in real-life situations. You’ll test drive those insights through activities and assessments that will influence your key money Decisions, your participation in financial...
Personal Finance for Teens
Personal Finance for Teens is a teacher-directed interactive course of study covering financial literacy skills. Topics include banking, budgets, credit cards, debt management, taxes, investing, and much more. Be sure and check out the Screen Shots a...
Housing
Is it always better to buy than rent? What if home prices go up dramatically and rents don't? How can we compare home prices to rents to figure out what to do. This older tutorial (low-res, bad handwriting) walks us through this. It is about ho...