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FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com • FIN 420 Entire Course • FOR MORE CLASSES VISIT • www.fin420tutorials.com • FIN 420 Week 1 Individual Assignment Identify Personal Financial Goals • FIN 420 Week 1 DQ 1 • FIN 420 Week 1 DQ 2 • FIN 420 Week 2 Team The Johnsons • FIN 420 Week 2 Case Study Carol Jones • FIN 420 Week 2 DQ 1
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com • FIN 420 Week 1 DQ 1 • FOR MORE CLASSES VISIT • www.fin420tutorials.com • Describe your current budgeting system. What factors influence your financial decisions? What are the benefits or concerns of your current budgeting system?
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 1 DQ 2 FOR MORE CLASSES VISIT www.fin420tutorials.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.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com • FIN 420 Week 1 Individual Assignment Personal Finance Mission Statement • FOR MORE CLASSES VISIT • www.fin420tutorials.com • Write a 350- to 700-word personal finance mission statement that describes where you want to be financially and how you want to get there. Communicate the following in your mission statement: • Personal values • Financial goals
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 2 Case Study Carol Jones FOR MORE CLASSES VISIT www.fin420tutorials.com Write a 500- to 750-word paper that addresses the following items from the case study: • Apply financial planning concepts to advise Carol and explain how Carol can benefit from financial planning. Describe the benefits of using financial statements in financial planning. • Utilize and explain strategies
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com • FIN 420 Week 2 DQ 1 • FOR MORE CLASSES VISIT • www.fin420tutorials.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 plan?
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 2 DQ 2 FOR MORE CLASSES VISIT www.fin420tutorials.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.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com • FIN 420 Week 2 Team The Johnsons • FOR MORE CLASSES VISIT • www.fin420tutorials.com • FIN 420 Week 2 Learning Team: The Johnsons Review Case 1, “The Johnsons Decide to Buy a Car”, p. 245. Complete the questions. Click the Assignment Files tab to submit your assignment.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 3 Bond Ratings FOR MORE CLASSES VISIT www.fin420tutorials.com FIN 420 Week 3 Bond Ratings Research bond information within the University Library or the Internet. Answer the following: 1.What type of information about bonds is available on the Internet? How can you use this information within your personal or professional life? (90- to 175-words) 2. Explain what the following
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 3 DQ 1 FOR MORE CLASSES VISIT www.fin420tutorials.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 or family member who is more
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 3 DQ 2 FOR MORE CLASSES VISIT www.fin420tutorials.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
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 3 Team Mutual Funds Analysis FOR MORE CLASSES VISIT www.fin420tutorials.com FIN 420 Week 3 Team Mutual Funds Analysis Research a mutual fund family such as Vanguard, American Funds, T. Rowe Price, and so forth. Identify one mutual fund from that family for each of the following categories: Actively managed common stock fund. Fixed income fund. Balanced fund. International fund.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 4 DQ 1 FOR MORE CLASSES VISIT www.fin420tutorials.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
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 4 DQ 2 FOR MORE CLASSES VISIT www.fin420tutorials.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.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 4 Team Life Insurance Paper FOR MORE CLASSES VISIT www.fin420tutorials.com FIN 420 Week 4 Team Life Insurance Paper Write a 1,150- to 2,000-word paper about life insurance that explains some basics to a potential purchaser. Include the following: 1. Compare and contrast the various forms of life insurance. 2. Describe the provisions of life insurance policies.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 4 Team Life Insurance Presentation FOR MORE CLASSES VISIT www.fin420tutorials.com FIN 420 Week 4 Team Life Insurance Presentation Include the following: 5. Compare and contrast the various forms of life insurance.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com • FIN 420 Week 4 Textbook Problems • FOR MORE CLASSES VISIT • www.fin420tutorials.com • FIN 420 Week 4 Textbook Problems Write a 175- to 350-word response to Case 6 on p. 317 in Ch. 10 of Personal Finance. Complete “Do the Math”, #2 on p. 344 in Ch. 11 of Personal Finance. Complete #1, “Calculating Life Insurance Need”, on p. 376 in Ch. 12 of Personal Finance. Click the Assignment Files tab to submit your assignment.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 5 DQ 1 FOR MORE CLASSES VISIT www.fin420tutorials.com Life insurance is a topic many people do not like to discuss, but understanding your family’s 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.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 5 DQ 2 FOR MORE CLASSES VISIT www.fin420tutorials.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
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 5 Research and Reflect FOR MORE CLASSES VISIT www.fin420tutorials.com FIN 420 Week 5 Research and Reflect Choose one major concept from this course. Research this concept within the University Library. Write a 350- to 700-word summary of your research. Apply what you learned to your own personal or professional life.
FIN 420 TUTORIALS Become Exceptional--fin420tutorials.com FIN 420 Week 5 Team Scenario Assignment FOR MORE CLASSES VISIT www.fin420tutorials.com FIN 420 Week 5 Team Scenario Assignment Choose one of the four following life situations: 1. Husband/wife, two kids, 1 income, mortgage, good salary, some savings, and no college fund. 2. Divorced, 55 years old, $1.2 million, 2 kids in college, and no debt.