Title: FIN 420 Slingshot Academy/snaptutorial
1FIN 420 Students Guide -snaptutorial.com
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2FIN 420 Students Guide -snaptutorial.com
- FIN 420 Week 1 Individual Assignment Identify
Personal Financial Goals - FIN 420 Week 1 DQ 1
- FIN 420 Week 1DQ 2
- FIN 420 Week 2 Individual Assignment Worksheets 6
and 7 - FIN 420 Week 2 LT Deliverable (Update on Final
Project) - FIN 420 Week 2 DQ 1
- Describe your current budgeting system. What
factors influence your financial decisions? What
are the benefits or concerns of your current
budgeting system?
3FIN 420 Students Guide -snaptutorial.com
- FIN 420 Week 1 Individual Assignment Identify
Personal
- 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. What information did you find most
valuable on the websites
- FIN 420 Week 1 Individual Assignment Identify
Personal Financial Goals -
- Resources Creating Financial Goals chart in Ch.
1 of Focus on Personal Finance -
-
-
- Specify at least one short-term, one
intermediate, and
4FIN 420 Students Guide -snaptutorial.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?
- 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.
How can you use each of these financial
institutions to manage your cash flows and
develop or enhance your personal financial plan?
5FIN 420 Students Guide -snaptutorial.com
- FIN 420 Week 2 Individual Assignment Worksheets 6
and 7
- FIN 420 Week 2 LT Deliverable (Update on Final
Project)
- FIN 420 Week 2 Individual Assignment Worksheets 6
and 7 -
- Resource Ch. 2 of Focus on Personal Finance
- Complete Worksheets 6 and 7 of Your Personal
Financial Plan at the end of Ch. 2 of Focus on
Personal Finance. -
- FIN 420 Week 2 LT Deliverable (Update on final
Project)
6FIN 420 Students Guide -snaptutorial.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 conservative
or less
- 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 months of
expenses would
7FIN 420 Students Guide -snaptutorial.com
- FIN 420 Week 3 Individual Assignment Personal
Financial
- FIN 420 Week 3 LT Deliverable (Update on Final
Project)
- FIN 420 Week 3 Individual Assignment Personal
Financial Plan -
- Resources Focus on Personal Finance and
Worksheets 6 and 7 - A. Create a Personal Financial Plan in which you
do the following
- FIN 420 Week 3 LT Deliverable (Update on Final
Project)
8FIN 420 Students Guide -snaptutorial.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 in recent
years? Why or why not? Under what circumstances
does the use
- 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. What is the difference
9FIN 420 Students Guide -snaptutorial.com
- FIN 420 Week 4 Learning Team Assignment Market
Analysis
- FIN 420 Week 4 LT Deliverable (Update on Final
Project)
- FIN 420 Week 4 Learning Team Assignment Market
Analysis Proposal -
- Your team is a Personal Financial Planning team.
Your client has hired your firm to provide an
overview of common investment options, explain
the current financial environment, and recommend
the most suitable investment options based on
personal
- FIN 420 Week 4 LT Deliverable (Update on Final
Project)
10FIN 420 Students Guide -snaptutorial.com
- Life insurance is a topic many people do not like
to discuss, but understanding your familys 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.
Which insurance options are most appropriate for
your family situation?
- 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
your investment portfolio?
11FIN 420 Students Guide -snaptutorial.com
- FIN 420 Week 5 Learning Team Assignment Evaluate a
- FIN 420 Week 5 Learning Team Assignment Evaluate
a Financial Plan -
- Your team is a Personal Finance Planning team.
The head of your firm has asked you to create a
draft of certain sections of a new company
training manual relating to evaluation of a
financial plan, including determining personal
insurance needs,
12FIN 420 Students Guide -snaptutorial.com
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