FIN 420 TUTORIALS Lifetime Success / fin420tutorials.com

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FIN 420 TUTORIALS Lifetime Success /
fin420tutorials.com
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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Entire Course
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• 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

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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 1 DQ 1
• FOR MORE CLASSES VISIT
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• Describe your current budgeting system. What
  factors influence your financial decisions? What
  are the benefits or concerns of your current
  budgeting system?

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FIN 420 TUTORIALS Lifetime Success
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.
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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 1 Individual Assignment Personal
  Finance Mission Statement
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• 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

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FIN 420 TUTORIALS Lifetime Success
FIN 420 Week 1 Personal Finance Mission
Statement FOR MORE CLASSES VISIT   www.fin420tut
orials.com   FIN 420 Week 1 Personal Finance
Mission Statement Write a 350- to 700-word
personal finance mission statement that describes
where you want to be financially and how you can
get there. Communicate the following in your
mission statement 1.Personal values 2. Financial
goals
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FIN 420 TUTORIALS Lifetime Success
FIN 420 Week 2 Case Study Carol Jones FOR MORE
CLASSES VISIT   www.fin420tutorials.com   FIN 420
Week 2 Case Study Carol Jones Case Study Carol
Jones Carol works as a business representative
for an import/export company. Her job provides
her with the opportunity to travel and experience
new things. Because she travels so much, Carol
feels that she does not have a handle on her
finances.
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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 2 DQ 1
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• 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?

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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 2 DQ 2
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• 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?

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FIN 420 TUTORIALS Lifetime Success
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.
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FIN 420 TUTORIALS Lifetime Success
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
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FIN 420 TUTORIALS Lifetime Success
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,
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FIN 420 TUTORIALS Lifetime Success
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 months of expenses
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FIN 420 TUTORIALS Lifetime Success
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. Fund devoted to retirement
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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 4 DQ 1
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• 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 of ARMs make sense? Please explain.

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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 4 DQ 2
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• 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 in
  total interest one would pay over the life of
  these two loans? What do these differences show
  you about the true cost of the car?

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FIN 420 TUTORIALS Lifetime Success
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.
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FIN 420 TUTORIALS Lifetime Success
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. 6. Describe
the provisions of life
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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 4 Textbook Problems
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• 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.

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FIN 420 TUTORIALS Lifetime Success
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 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?
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FIN 420 TUTORIALS Lifetime Success
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
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FIN 420 TUTORIALS Lifetime Success

• FIN 420 Week 5 Research and Reflect
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• 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. Click the Assignment Files tab
  to submit your Microsoft Word document FIN 420
  WEEK 5 Research and Reflect

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FIN 420 TUTORIALS Lifetime Success
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.
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FIN 420 TUTORIALS Lifetime Success /
fin420tutorials.com