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COMPLETE COLLEGE COURSE
INTRODUCTION TO THE COURSE
1. ANOTHER PERSPECTIVE ON WEALTH
2. CREATING YOUR PFP AND SETTING PERSONAL GOALS
3. BUDGETING AND MEASURING FINANCIAL HEALTH
4. TAX PLANNING
5. CASH MANAGEMENT
6. UNDERSTANDING CREDIT
7. CONSUMER AND MORTGAGE LOANS
8. DEBT AND DEBT REDUCTION
9. TIME VALUE OF MONEY 1: PRESENT AND FUTURE VALUE
10. TIME VALUE OF MONEY 2: INFLATION, REAL RETURNS, ANNUITIES, AND AMORTIZED LOANS
11. INSURANCE BASICS
12. LIFE INSURANCE
13. HEALTH, LONG-TERM CARE, AND DISABILITY INSURANCE
14. AUTO, HOMEOWNERS, AND LIABILITY INSURANCE
15. THE HOME DECISION 1: THE PROCESS
16. THE HOME DECISION 2: COMPARING LOANS AND YOUR HOUSING PLAN
17. THE AUTO DECISION
18. INVESTMENTS 1: BEFORE YOU INVEST
19. INVESTMENTS 2: YOUR INVESTMENT PLAN
20. INVESTMENTS 3: SECURITIES MARKET BASICS
21. INVESTMENTS 4: BOND BASICS
22. INVESTMENTS 5: STOCK BASICS
23. INVESTMENTS 6: MUTUAL FUND BASICS
24. INVESTMENTS 7: BUILDING YOUR PORTFOLIO
25. INVESTMENTS 8: PICKING FINANCIAL ASSETS
26. INVESTMENTS 9: PORTFOLIO RE-BALANCING AND REPORTING
27. RETIREMENT PLANNING 1: BASICS
28. RETIREMENT PLANNING 2: SOCIAL SECURITY
29. RETIREMENT PLANNING 3: EMPLOYER-QUALIFIED PLANS
30. RETIREMENT PLANNING 4: INDIVIDUAL AND SMALL-BUSINESS PLANS
31. ESTATE PLANNING BASICS
32. FAMILY 1: MONEY AND MARRIAGE
33. FAMILY 2: TEACHING CHILDREN FINANCIAL RESPONSIBILITY
34. FAMILY 3: FINANCING CHILDREN'S EDUCATION AND MISSIONS
35. LEARNING TO GIVE
36. DECIDE TO DECIDE

Introduction to the Course

Purpose

The purpose of this advanced complete college course on personal finance is to help you understand that personal finance is not separate from, but simply part of, the gospel of Jesus Christ and to help you develop your own Personal Financial Plan. This lesson follows the counsel of our leaders who advise "Plan your financial future early, then live your plan" (Ezra Taft Benson, "To the Elderly in the Church," Ensign, Nov. 1989, 4.) It covers thirty-five chapters and is the most detailed lesson on this website. Our goal is to give you a detailed and informative view of the many different areas of personal finance so you can develop, with the tools provided, your own Personal Financial Plan.

Please allocate between 45 minutes to an hour for each chapter reading, and an hour to watch the video. For those not doing the entire lesson in order, we recommend you first complete chapters 1 and 2, and then the remaining chapters in any order.

Lesson Manual

Click here for the free online Complete College Course manual for these lessons (PDF).

Table of Contents

Click here for a 28-day schedule to help you complete the course.

Videos

The video for each section can be found in its respective chapter.

Another Perspective on Wealth

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand how to bring Christ more into your finances
  2. Understand our framework for learning
  3. Understand the implications of that learning framework
  4. Understand that "Life is Good"

Chapter Reading

Please read the chapter on "Another Perspective on Wealth" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter or here for the PDF slides.

Class Summary

Please click here for the course summary

Video

Day 1: Building a Strong Foundation: Another Perspective on Wealth

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Another Perspective on Wealth"

Tools

Personal Financial Plan Table of Contents
PFP Introduction Template

Additional Materials

The Why's What's and How's of Personal Finance - Sudweeks and Hill 2015
Prepare, Plan, Write, Create: 12 Steps to Bringing Christ into your Personal Finances, Sudweeks, Hill, and LeBaron

Creating your PFP and Setting Personal Goals

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand the importance of planning your financial future
  2. Understand the requirements for your "Personal Financial Plan (PFP)"
  3. Understand your vision and the Vision, Mission and Values Assignment (LT38)
  4. Understand the different types of goals
  5. Understand and apply the principles of effective goal-setting.

Chapter Reading

Please read the chapter on "Creating your Personal Financial Plan and Setting Personal Goals" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 2: Your Personal Financial Plan: Planning Your Financial Future

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Creating Your Personal Financial Plan and Setting Goals"

Tools

Personal Financial Plan Example A
Personal Financial Plan Example B
PFP Goals Section Template

Additional Materials

Vision, Mission and Values Statement Assignment - This will help you as you think through your goals
Vision, Mission and Values Statement Assignment - Example

Budgeting and Measuring Financial Health

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand the principles of successful budgeting
  2. Develop and implement a budget
  3. Calculate your net worth using a personal balance sheet
  4. Develop a personal income statement and use it to analyze your spending
  5. Introduce budgeting software

Chapter Reading

Please read the chapter on "Budgeting and Measuring Financial Health" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 3: Saving, Income and Expense Planning: Giving Every Dollar a Name

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Budgeting and Measuring Financial Health"

Tools

Simple Saving, income and Expense Plan (Budget) Spreadsheet - This is our simple budgeting spreadsheet which can be useful when setting a budget and trying to save more money. Your budget is your single most important tool to help you achieve your personal and family financial goals.

Simple Balance Sheet and Ratios - This is a simple spreadsheet to help you prepare your balance sheet and prepare your 6 financial ratios (liquidity, savings and debt) to see how you are doing financially.

Budgeting Spreadsheet with Balance Sheet and Ratios - This is a detailed budgeting spreadsheet which can be useful when setting a budget and trying to save more money.

Debt Free Spending Spreadsheet - This is a much more detailed budget and debt reduction spreadsheet. This is for the more advanced user.

PFP Budgeting Section Template - This is the template you will use as you prepare your Saving, Income and Expense Plans as part of your Personal Financial Plan.

Tax Planning

Learning Outcomes

This section focuses on the following six areas of tax planning:

  1. Understand the principles of tax planning
  2. Understand the importance of tax planning and how it helps attain your personal goals
  3. Understand the Tax Process
  4. Understand strategies to help lower your taxes (legally and honestly)
  5. Understand the Major Tax Features of the US Tax System

Chapter Reading

Please read the chapter on "Tax Planning" (PDF)

Slide Presentation

Please click here to download the PowerPoint slide presentation for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 5: Taxes: Paying All You Owe and not a Penny More

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Tax Planning"

Tools

Federal Tax Planning Worksheet - This spreadsheet helps you calculate your Federal Taxes, including calculating your taxable income and refundable and non-refundable credits.

Tithing Share Transfer Example - This document is an example of how to pay your tithes and offerings in appreciated securities (securities which are worth more than you paid for them). By using appreciated securities to make charitable contributions, you get full credit for the value of the securities and do not have to pay taxes on the income or capital gains.

Tithing Share Transfer DRS Instructions - This document helps explain the process of donating securities to pay your charitable contributions.

Taxes on Security Earnings including Qualified Dividends - This document helps explain taxes on security earnings and how different assets and earnings are taxed differently. It also helps you determine if a stock's dividend is qualified, i.e., does it receive the preferential tax rate?

PFP Tax Section Template - This is the Template for your Tax Plan as part of your Personal Financial Plan

Cash Management

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand the principles of cash management and how it can help you achieve your goals
  2. Understand the different cash management alternatives and how to compare them
  3. Understand the different types of financial institutions, and how they can help you meet your financial goals
  4. Understand the need to spend the time each week on your finances

Chapter Reading

Please read the chapter on "Cash Management" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 6: Cash Management: Making the Little Things Count

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Cash Management"

Tools

After-Tax, ETY, and After-Inflation Returns
PFP Cash Management Template

Understanding Credit

Learning Outcomes

This section focuses on the following four objectives to help you better understand credit reports and credit cards:

  1. Understand the principles of using credit wisely
  2. Know about credit bureaus, credit reports, and your credit score
  3. Understand the correct uses of credit cards and how they can help (or hinder) you attain your financial goals
  4. Know how to manage your credit cards and open credit
  5. Know how credit cards work and the costs involved

Chapter Reading

Please read the chapter on "Understanding and Managing Credit" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 8: Credit: Understanding and Using it Wisely

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Understanding and Managing Credit"

Tools

Credit Card Repayment Spreadsheet
Debt Amortization and Prepayment Spreadsheet
Debt Elimination Schedule with Accelerator
PFP Credit Cards Template

Additional Links

AnnualCreditReport.com
MyFICO.com

Consumer and Mortgage Loans

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand the principles of effective consumer loads use
  2. Understand the types of consumer loans, their characteristics, and how to calculate their costs
  3. Understand the types of mortgage loans, their characteristics, and how to calculate their costs.
  4. Know the least expensive types of loans and how to reduce the cost of consumer and mortgage loans

Chapter Reading

Please read the chapter on "Consumer and Mortgage Loans" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary


Please click here for the course summary

Video

Day 9: Loans: Avoiding Consumer and Minimizing Student/Mortgage Loans

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Consumer and Mortgage Loans"

Tools

Debt Amortization and Prepayment Spreadsheet
Credit Card Repayment Spreadsheet
Debt Elimination Spreadsheet with Accelerator
PFP Student and Consumer Loans and Debt Reduction Template

Additional Links

The Mortgage Professor
Bankrate

Debt and Debt Reduction

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand the principles of using debt wisely
  2. Understand the "debt cycle" and why people go into debt.
  3. Understand how to develop and use personal debt reduction strategies
  4. Know where to go for help if you get too far in debt

Chapter Reading

Please read the chapter on "Debt and Debt Reduction" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 4: Debt: Avoiding Debt Like the Plague

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Debt and Debt Reduction"

Tools

PFP Student and Consumer Loans - Debt Reduction Template
Debt Elimination Spreadsheet with Accelerator
Debt Amortization and Prepayment Spreadsheet
Credit Card Repayment Spreadsheet

Time Value of Money 1: Present and Future Value

NOTE: Information for this chapter is included as part of the video used in the chapter on Debt and Debt Reduction.

Learning Outcomes

At the completion of this chapter, you will:

  1. Understand the importance of compound interest and time.
  2. Pass an un-graded assessment test with 9 problems

I strongly recommend that you use a computer with Excel (or equivalent program) or borrow or purchase a financial calculator to help you complete these two time value of money sections. Although you can do many of the calculations discussed in this section on a standard calculator, the calculations are much easier to do on a financial calculator. If you have a computer with Excel, you can use Learning Tool 12: An Excel Based Financial Calculator, which is a spreadsheet-based financial calculator freely available on this website. The functions you will need for calculations are also available in other spreadsheet programs. Calculators like the Texas Instruments (TI) Business Analyst II, TI 35 Solar, or Hewlett Packard 10BII can be purchased for under $35 and can be helpful.

Chapter Reading

Please read the chapter on "Time Value of Money 1: Present and Future Value" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Time Value of Money 1: Present and Future Value"

Tools

Financial Calculator Tutorial
An Excel Based Financial Calculator

Time Value of Money 2: Inflation, Real Returns, Annuities, and Amortized Loans

Learning Outcomes

At the completion of this chapter, you should be able to:

  1. Explain how inflation impacts your investments.
  2. Calculate real returns after inflation.
  3. Solve problems related to annuities.
  4. Solve problems related to amortized loans.

Chapter Reading

Please read the chapter on "Time Value of Money 2: Inflation, Real Returns, Annuities, and Amortized Loans" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Time Value of Money 2: Inflation, Real Returns, Annuities, and Amortized Loans"

Tools

Financial Calculator Tutorial
An Excel Based Financial Calculator

Insurance Basics

Learning Outcomes

When you have completed this section, you should be able to do the following:

  1. Understand what our leaders have said regarding insurance
  2. Understand the importance of insurance
  3. Understand the key principles of insurance

Chapter Reading

Please read the chapter on "Insurance Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 12: Insurance 1: Basics and Insurance 2: Life Insurance

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Insurance Basics"

Tools

PFP Insurance Template

Additional Links

AMBest Ratings

Life Insurance

Learning Outcomes

When you have completed this section, you should be able to do the following:

  1. Understand the benefits of life insurance.
  2. Understand the five key questions about life insurance.
  3. Understand the types of term life insurance.
  4. Understand the types of permanent life insurance.
  5. Understand which type of insurance is best for you and know the steps to buying life insurance.

Chapter Reading

Please read the chapter on "Life Insurance" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 12: Insurance 1: Basics and Insurance 2: Life Insurance

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Life Insurance"

Tools

Calculating Life Insurance Needs Spreadsheet

Health, Long-term Care, and Disability Insurance

Learning Outcomes

When you have completed this section, you should be able to do the following:

  1. Understand how health insurance relates to your personal financial plan.
  2. Explain health insurance coverage and health insurance plans.
  3. Understand the key areas of disability insurance.
  4. Understand the key areas of long-term care insurance.
  5. Understand how to control your health-care costs.

Chapter Reading

Please read the chapter on "Health, Long-term Care, and Disability Insurance" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 13: Insurance 3: Health Insurance and Insurance 4 Auto and Home Insurance

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Health, Long-term Care, and Disability Insurance"

Auto, Homeowners, and Liability Insurance

Learning Outcomes

When you have completed the section, you should be able to do the following:

  1. Understand the key areas of Auto Insurance and how to keep your costs down
  2. Understand the key areas of Homeowner's Insurance and how to reduce your costs
  3. Understand the key areas of Renter's Insurance and how to reduce your costs
  4. Understand the key areas of Liability Insurance

Chapter Reading

Please read the chapter on "Auto, Homeowners, and Liability Insurance" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 13: Insurance 3: Health Insurance and Insurance 4 Auto and Home Insurance

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Auto, Homeowners, and Liability Insurance"

Additional Links

ChoiceTrust.com

The Home Decision 1: The Process

Learning Outcomes

There are five objectives for this section:

  1. Understand the principles of home buying and ownership
  2. Understand the advantages and disadvantages of renting, buying, building, and renovating
  3. Know the process of buying a home

Chapter Reading

Please read the chapter on "The Home Decision" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 10: The Housing Decision I: The Process

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "The Home Decision"

Tools

Maximum Monthly Payment for LDS
Home Loan Comparison with Prepayment and Financing

The Home Decision 2: Comparing Loans and Your Housing Plan

Learning Outcomes

There are three objectives for this section:

  1. Understand the home buying process
  2. Understand how to develop your Housing Plan
  3. Answer questions relating to the Housing Decision

Chapter Reading

Please read the chapter on "The Home Decision 2" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 11: The Housing Decision II: Comparing Loans and Creating Your Plan

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "The Home Decision 2"

Tools

Maximum Monthly Payment for LDS
Home Loan Comparison with Prepayment and Financing

The Auto Decision

Learning Outcomes

There are five objectives for this section:

  1. Understand the principles of effective car ownership
  2. Understand key issues of car ownership
  3. Understand how to buy or lease a new vehicle and the lease versus buy decision
  4. Understand how to buy a used car

Chapter Reading

Please read the chapter on "The Auto Decision" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 7: The Auto Decision: Making it Wisely

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "The Auto Decision"

Tools

Lease Versus Buy Analysis Spreadsheet

Additional Links

Kelley Blue Book
Edmunds.com
NADA
CARFAX

Investments 1: Before you Invest

Learning Outcomes

There are four objectives for this section:

  1. Know the Steps You Should Take Before You Invest
  2. Recognize the Ten Principles of Successful Investing
  3. Understand the Risks and Benefits of the Major Asset Classes
  4. Understand the Risk and Return History of the Major Asset Classes

Chapter Reading

Please read the chapter on "Investments 1: Before You Invest" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

NOTE: A slide presentation with Questions and Answers regarding investments can be found on the page for Investments 9

Class Summary

Please click here for the course summary

Video

Day 14: Investments 1: Before You Invest and Investments 4: Understanding Bond Basics

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 1: Before You Invest"

Tools

Investment Plan Example
Investment Plan Example Instructions
A Risk-Tolerance Test
Key Questions on Money and Relationships

Investments 2: Your Investment Plan

Learning Outcomes

There are three objectives for this section:

  1. Understand the Importance of Financial Goals and Know How to Set Them
  2. Know How to Prepare a Personal Investment Plan and Understand Its Importance
  3. Identify and Beware of Get-Rich-Quick Schemes

Chapter Reading

Please read the chapter on "Investments 2: Your Investment Plan" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 15: Investments 2: Your Investment Plan and Investments 3: Securities Market Basics

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 2: Your Investment Plan"

Tools

Investment Plan Example
Investment Plan Example Instructions
Return Simulation for Asset Classes
After-Tax, Equivalent Taxable Yield, and After-Inflation Returns
Expected Return Simulation and Benchmarks

Investments 3: Securities Market Basics

Learning Outcomes

There are five objectives for this section:

  1. Recognize the Different Types of Securities Markets
  2. Be Aware of the Basic Characteristics of Brokers and Investment Advisors
  3. Understand How to Buy and Sell Securities
  4. Answer Questions about Choosing a Broker or an Investment Advisor
  5. Select and Use Benchmarks

Chapter Reading

Please read the chapter on "Investments 3: Securities Market Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 15: Investments 2: Your Investment Plan and Investments 3: Securities Market Basics

Terminology

Please click here for the course terminology

Assignments


Here are the assignments for "Investments 3: Securities Market Basics"

Tools

Expected Return Simulations and Benchmarks

Investments 4: Bond Basics

Learning Outcomes

There are five objectives for this section:

  1. Explain the Risks and Returns Associated with Bonds
  2. Understand Bond Terminology
  3. Describe the Major Bond Categories
  4. Explain How Bonds Are Valued
  5. Explain the Costs of Investing in Bonds

Chapter Reading

Please read the chapter on "Investments 4: Bond Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 14: Investments 1: Before You Invest and Investments 4: Understanding Bond Basics

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 4: Bond Basics"

Tools

Possible Benchmarks for Investment Plans
Return Simulation for Asset Classes
After-Tax, Equivalent Taxable Yield, and After-Inflation Returns
Expected Return Simulation and Benchmarks

Investments 5: Stock Basics

Learning Outcomes

There are six objectives for this section:

  1. Review Risk and Return for Stocks
  2. Understand Stock Terminology
  3. Understand How Stocks Are Valued
  4. Know Why Stocks Fluctuate in Value
  5. Recognize Stock-Investing Strategies
  6. Calculate the Costs of Investing in Stocks

Chapter Reading

Please read the chapter on "Investments 5: Stock Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for Day 21 Summary

Video

Day 16: Investments 5: Stock Basics and Investments 7: Building Your Portfolio

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 5: Stock Basics"

Tools

Possible Benchmarks for Investment Plans
Return Simulation for Asset Classes
After-Tax, Equivalent Taxable Yield, and After-Inflation Returns
Expected Return Simulation and Benchmarks

Investments 6: Mutual Fund Basics

Learning Outcomes

There are six objectives for this section:

  1. Explain the Advantages and Disadvantages of Mutual Funds\
  2. Describe the Different Types of Mutual Funds
  3. Describe the Different Classes of Mutual Fund Shares
  4. Calculate Mutual Fund Returns
  5. Know How to Purchase a Mutual Fund
  6. Explain the Costs of Investing in Mutual Funds

Chapter Reading

Please read the chapter on "Investments 6: Mutual Fund Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 17: Investments 6: Understanding Mutual Fund Basics and Investments 8: Picking financial

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 6: Mutual Fund Basics"

Tools

Possible Benchmarks for Investment Plans
After-Tax, Equivalent Taxable Yield, and After-Inflation Returns

Investments 7: Building Your Portfolio

Learning Outcomes

There are three objectives for this section:

  1. Understand and Use the Priority of Money
  2. Describe the Phases of Successful Investing
  3. Explain the Investment Process and Learn How to Build Your Portfolio

Chapter Reading

Please read the chapter on "Investments 7: Building Your Portfolio" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 16: Investments 5: Stock Basics and Investments 7: Building Your Portfolio

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 7: Building Your Portfolio"

Tools

Investment Process Spreadsheet
Roth Versus Traditional: Which Is Better for You?

Investments 8: Picking Financial Assets

Learning Outcomes

There are four objectives for this section:

  1. Explain Why You Should Wait to Purchase Individual Stocks
  2. Know How to Find Information on Mutual Funds and Stocks
  3. Describe How to Pick a Good Mutual Fund
  4. Explain the Value of Purchasing an Index Fund or Exchange Traded Fund (ETF)

Chapter Reading

Please read the chapter on "Investments 8: Picking Financial Assets" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 17: Investments 6: Understanding Mutual Fund Basics and Investments 8: Picking financial

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 8: Picking Financial Assets"

Tools

Using Morningstar to Select Funds
Key Sources of Financial Information
Investment Process Spreadsheet

Investments 9: Portfolio Re-balancing and Reporting

Learning Outcomes

There are four objectives for this section:

  1. Understand Portfolio Re-balancing
  2. Manage and Evaluate Your Portfolio Return
  3. Calculate Risk-Adjusted Return Performance
  4. Perform a Portfolio Return Attribution Analysis

Chapter Reading

Please read the chapter on "Investments 9: Portfolio Rebalancing and Reporting" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Please click here for the Questions and Answers PowerPoint slide presentation (PPT) for this section, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 19: Investments 11: Questions and Answers

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Investments 9: Portfolio Rebalancing and Reporting"

Tools

Tithing Share Transfer Example
Portfolio Attribution Example

Additional Links


Yahoo! Finance

Retirement Planning 1: Basics

Learning Outcomes

There are five objectives for this section:

  1. Describe How Retirement Planning Fits into Your Personal Financial Plan
  2. Understand the Principles of Successful Retirement Planning
  3. Describe Payout Options Available at Retirement
  4. Explain the Steps of Successful Retirement Planning
  5. Understand One Method of Monitoring Your Retirement Planning Progress

Chapter Reading

Please read the chapter on "Retirement Planning 1: Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 20: Retirement Planning 1: Basics

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Retirement Planning 1: Basics"

Tools

Retirement Planning Needs
Retirement Planning Ratio Forecasts

Retirement Planning 2: Social Security

Learning Outcomes

There are four objectives for this section:

  1. Understand how Social Security works
  2. Describe the benefits of the Social Security program
  3. Understand the key questions relating to Social Security
  4. Understand the likely future of Social Security

Chapter Reading

Please read the chapter on "Retirement Planning 2: Social Security" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 22: Retirement Planning 2: Social Security and Retirement Planning 5: Wrap Up and Q&A

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Retirement Planning 2: Social Security"

Tools

Retirement Planning Needs
Retirement Planning Ratio Forecasts

Retirement Planning 3: Employer-Qualified Plans

Learning Outcomes

There are three objectives for this section:

  1. Explain Employer-Qualified Retirement Plans
  2. Explain Defined-Benefit Plans
  3. Explain Defined-Contribution Plans

Chapter Reading

Please read the chapter on "Retirement 3: Employer Qualified Plans" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 21: Retirement Planning 3: Understand Employer Qualified Plans and Retirement Planning

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Retirement 3: Employer Qualified Plans"

Tools

Retirement Planning Needs
Retirement Planning Ratio Forecasts
Roth versus Traditional: Which Is Better?

Retirement Planning 4: Individual and Small-Business Plans

Learning Outcomes

There are three objectives for this section:

  1. Describe Individual Retirement Accounts
  2. Explain When It Is Beneficial to Convert to a Roth IRA
  3. Describe Retirement Plans Designed for Small Businesses or Individuals Who Are Self-Employed

Chapter Reading

Please read the chapter on "Retirement 4: Individual and Small Business Plans" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 21: Retirement Planning 3: Understand Employer Qualified Plans and Retirement Planning

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Retirement 4: Individual and Small Business Plans"

Tools

Retirement Planning Needs
Retirement Planning Ratio Forecasts
Roth versus Traditional: Which Is Better?

Estate Planning Basics

Learning Outcomes

There are five objectives for this section:

  1. Understand the principles of proper estate planning
  2. Understand the Importance of Estate Planning and the goals of Estate Planning
  3. Understand the Estate-Planning process
  4. Understand how trusts can be used to your advantage in Estate Planning
  5. Understand the importance of Wills and Probate Planning

Chapter Reading

Please read the chapter on "Estate Planning Basics" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 23: Estate Planning: Taking Care of Those You Love

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Estate Planning Basics"

Tools

Sample Advance Directives to Physicians

Family 1: Money and Marriage


Learning Outcomes

There are three objectives for this section:

  1. Understand the key changes in decision making
  2. Understand the key principles of money and marriage
  3. Understand why money may be an issue in relationships
  4. Understand a few recommendations for money and marriage

Chapter Reading

Please read the chapter on "Family 1: Money and Marriage" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 24: Money and Marriage

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Family 1: Money and Marriage"

Tools

Key Questions on Money and Relationships

Family 2: Teaching Children Financial Responsibility

Learning Outcomes

There are three objectives for this section:

  1. Understand the importance of teaching your children
  2. Understand some principles of teaching children financial responsibility
  3. Understand some thoughts on when to teach children financial responsibility

Chapter Reading

Please read the chapter on "Family 2: Teaching Children Financial Responsibility" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 25: Family 2: Teaching Children Finance and Family 3: Financing Children's Education

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Family 2: Teaching Children Financial Responsibility"

Family 3: Financing Children’s Education and Missions


Learning Outcomes

There are six objectives for this section:

  1. Understand how education relates to financial goals
  2. Understand the principles of financing education and missions
  3. Understand the priority of money for financing school and missions
  4. Understand how to save for your children's education
  5. Understand how to save for your children's missions
  6. Understand how to reduce the cost of education and apply for aid

Chapter Reading

Please read the chapter on "Family 3: Financing Children's Education and Missions" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 25: Family 2: Teaching Children Finance and Family 3: Financing Children's Education

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Family 3: Financing Children's Education and Missions"

Learning to Give

Learning Outcomes

This section focuses on the following four questions to help you understand the principle of learning to give:

  1. Understand the five myths of giving
  2. Understand what the scriptures say about money and giving
  3. Understand the principles of wise giving
  4. Understand why we should give
  5. Understand the basics of wise giving
  6. Understand how to create your individual/family giving plan

Because God shares freely with us, we should be willing to share freely with God’s other children. From another perspective, learning to give is an important part of personal finance.

Chapter Reading

Please read the chapter on "Conclusions 1: Learning to Give" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 27: Learning to Give

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Conclusions 1: Learning to Give"

Tools

Tithing Share Transfer Example

Decide to Decide

Learning Outcomes

When you have completed this section, you should be able to do the following:

  1. A look back at the class
  2. Understand the key decisions you should make to be truly successful in life
  3. Review a list of recommended readings for further information on personal finance

You can make important decisions now that you will never have to question again. From the inspired words of President Kimball, “decide to decide!”

Chapter Reading

Please read the chapter on "Conclusions 2: Decide to Decide" (PDF)

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

Class Summary

Please click here for the course summary

Video

Day 28: Decide to Decide

Terminology

Please click here for the course terminology

Assignments

Here are the assignments for "Another Perspective on Wealth"