(Includes all licenses, workbooks, and an on-line subscription to the course for each student. Students will need internet access to complete homework.)
Personal Finance is a course designed to help students understand the impact of individual choices.
Topics covered will include:
Introduces the topic of personal finance, explores the evolution of the American credit industry, and highlights the importance of both knowledge and behavior when it comes to managing money.
Saving: Emphasizes the importance of saving and explains the three reasons to save: emergencies, large purchases, and wealth building.
Budgeting: Explores the purpose and process of writing a budget and the basics of banking, including balancing and reconciling a checking account.
Debt: Identifies the devastating costs of using debt as a financial tool, debunks credit myths, explains the elements of a credit score, identifies organizations that maintain consumer credit records, and summarizes major consumer credit laws.
Life after High School: Explores 21st Century post-secondary education and career options, highlights the importance of avoiding debt as a young adult, and explains how to cash flow a college education.
Consumer Awareness: Identifies factors that influence consumer behavior and the effect of inflation on buying power
Bargain Shopping: Highlights the importance of bargain shopping as part of a healthy financial plan and identifies important negotiation strategies.
Investing and Retirement: Establishes basic investing guidelines, describes and compares various types of investments, and identifies elements of employer benefits and retirement plans.
Insurance: Identifies the purpose of financial risk management as well as the appropriate and most cost-effective risk management strategies.
Money and Relationships: Identifies the differences among people's values and attitudes as they relate to money and highlights communication strategies for discussing financial issues.
Careers and Taxes: Examines the importance of pursuing a career in line with your strengths, the elements of effective goal setting, the best practices of successful people, and types of income and taxes.
Giving: Highlights the importance of giving of your time, talents, and money in order to serve others and leave a lasting legacy.
Meets or exceeds standards in all 50 states. California Common Core Standards alignment can be found here: https://cdn.ramseysolutions.net/education/ramseyeducation/standards/california.pdf