Personal Finance Fundamentals - Module 1

Personal Finance Fundamentals Module 1 sheds light on the purpose of financial plans – the why, what, and how – as well as how to set goals considering a beneficiary’s needs, wants, and wishes. The five basic building blocks of financial planning are explored in detail. These financial planning building blocks include saving, spending, giving, income, and budgeting. Risk management and long-term factors are reviewed. Finally, the module concludes with an applied learning exercise that gives students the opportunity to create their own basic budgets.