• Chapter 1 – Charting your Financial Course

     Lesson 1 – Creating a Budget

    Learning Outcome: Create a personal budget and financial plan

    Learning Objectives:

    1. Describe the components of a personal financial plan
    2. Identify steps for creating and developing a personal financial plan
    3. Explain the elements of a budget

    Lesson 2 – Savings and Bank Accounts

    Learning Outcome: Analyze services when choosing a bank

    Learning Objectives:

    1. Describe the types of services provided by the bank
    2. Compare and understand services when choosing a bank
    3. Demonstrate how to conduct bank transactions
    4. Analyze steps for safe electronic banking

    Lesson 3 – Real-Life Issues in Buying and Selling

    Learning Outcome: Evaluate the buying and selling issues that occur in real life

    Learning Objectives:

    1. Explain types of shopping issues daily life
    2. Summarize renting or leasing an apartment
    3. Generate a plan for buying or leasing a car

    Chapter in Brief:

    “Chapter 1: Charting Your Financial Course” explains important concepts in building financial stability and wealth. Students will learn how to make a plan for earning money, saving it, and spending it. A personal financial plan can be the difference between the ability to do the things each of them wants and the feeling that they’ll never reach their financial goals in life. This chapter will provide them with an overall picture of how to create a budget before the text moves on to examine the specifics of savings, bank accounts, and the real-life issues students will face when buying and selling.