Financial Planning for Young Adults

Financial Planning for Young Adults

Course
en
English
12 h
This content is rated 0 out of 5
Source
  • From www.coursera.org
Conditions
  • Self-paced
  • Free Access
  • Fee-based Certificate
More info
  • 4 Sequences
  • Introductive Level

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Course details

Syllabus

  • Week 1 - Orientation
     
  • Week 1 - Module 1: Setting Financial Goals and Assessing Your Situation
    In this module, you'll explore the "personal" in personal finance, use financial tools to assess where you are currently with your finances, and begin setting goals for where you'd like to be in the future.
  • Week 2 - Module 2: Budgeting and Cash Flow Management
    In this module, we will discuss the importance of budgeting in the financial planning and management process, and resources available for cash flow management. Learners will be exposed to the basic process of budgeting, a panel discussion with practicing inve...
  • Week 2 - Module 3: Saving Strategies
    In this module you'll have the opportunity to explore best practices for building a saving habit and discuss barriers to saving. Mental accounting will be introduced and considered in terms of how it can affect saving behavior.
  • Week 2 - Module 4: The Time Value of Money
    Understanding why the time value of money is a very important concept -- so important it has its own module!
  • Week 3 - Module 5: Borrowing and Credit
    The ability to use debt and credit to finance purchases has its advantages and disadvantages. Understanding topics related to loan repayment and how your borrowing and credit use behavior may impact your credit report is critical for being able to have access ...
  • Week 3 - Module 6: Investing
    In this module you'll be introduced to investment terms and key investment strategies. This foundation will allow you to better understand investment choices and information that you'll encounter throughout your life.
  • Week 4 - Module 7: Risk Management
    This module covers risk related topics related to insurance, and introduces learners to the concept of personal risk tolerance and how it might impact individualized risk management strategies.
  • Week 4 - Module 8: Financial Planning as a Career
    The module provides an overview of the career opportunities in financial planning. You will get to see what it is like to engage and assist people (clients) from a variety of walks-of life. This module is optional in terms of completion of the course certifica...

Prerequisite

None.

Instructors

Nicholas Paulson
Associate Professor
Department of Agricultural and Consumer Economics

Kathryn L. Sweedler
Consumer Economics Educator
University of Illinois Extension

Charles R. Chaffin
Director of Academic Programs and Initiatives
Certified Financial Planner Board of Standards

Editor

The University of Illinois at Urbana-Champaign was founded in 1867 (UIUC). The main campus of the University of Illinois is located in the twin cities of Champaign and Urbana, two hundred kilometres south of Chicago. 

This major university is ranked among the most prestigious in the world by various measurements, such as the Center for World University Rankings, which place it 22nd worldwide for the period 2020-21.

Platform

Coursera is a digital company offering massive open online course founded by computer teachers Andrew Ng and Daphne Koller Stanford University, located in Mountain View, California. 

Coursera works with top universities and organizations to make some of their courses available online, and offers courses in many subjects, including: physics, engineering, humanities, medicine, biology, social sciences, mathematics, business, computer science, digital marketing, data science, and other subjects.

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