Course Description

Budgets, borrowing funds, stock ownership, savings, real estate as investments, and related tax matters are among the topics covered.

Rationale

Personal finance skills are useful throughout one’s life. Everyone is going to encounter financial choices such as: whether to buy, lease, or rent a car; how to file taxes; how much insurance to purchase; and how much to save for retirement. This course will help students to understand how to rationally think through these choices and make wise decisions.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

1. Demonstrate financial planning skills.
2. Compare various consumer buying habits.
3. Calculate time, the value of money, and interest.
4. Integrate biblical principles within the field of money and finances.

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Foundational Skills Learning Outcomes (FSLO): Social and Scientific Inquiry (SSI)

Upon successful completion of this course, the student will be able to:

1.  SSI 2: Demonstrate a biblical understanding of human behavior within various social structures

2.  SSI 3: Apply solutions for a social and/or scientific question experienced in nature or society.

3.  SSI 4: Describe how social and/or scientific inquiry equips human beings to be participants in    God’s redemptive work.

Course Assignment

Course Requirements Checklist

After reading the Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Discussions (4)

Discussions are collaborative learning experiences. Therefore, the student will complete 4 Discussions throughout this course. These Discussion questions will explore the Christian approach to various financial decisions a person must make. The student will be required to post 1 thread of at least 150 words and post 2 replies of at least 100 words. For each thread, the student must support his/her assertions with at least 1 citation from the Bible in the current APA format (MLO D, FSLOs: SSI 2, 3, 4).

Read & Interact Assignments (8)

Each module will have assigned readings. The student will answer questions that will direct him/her to what information he/she needs to read. The student can keep answering questions and reading until he/she gets them all correct (MLO A, B, C).

Exercise Assignments (4)

The student will complete financial exercises related to the information covered. The student will complete a balance sheet, income statement, budget, and many other exercises that will teach practical personal finance (MLO A, B, C).

Application Activity Assignments (4)

The student will do simulations where he/she will follow a persona that goes through the process of making a decision on a financial choice. Topics covered are taxes, buying a vehicle, insurance, and investing (MLO A, B, C).

Quizzes (8)

The student will have 40 minutes to complete 8 open-book/open-note quizzes, each consisting of 20 multiple-choice and true/false questions. Each quiz covers the information and financial problems presented in the module/week (MLO A, B, C).