Personal Finance BF05 This course prepares students to understand economic activities and challenges of individuals and families,

Unit 1: Understand how to take charge of your financial well- being  $ in your life  Financial Decisions  Setting financial goals

Unit 2: Understand the principles of managing your money  Introduction to depository institutions  The basics of taxes  Statement of financial position  Income and expense statement  Spending Plans

Unit 3: Understand the Principles of Earning  Invest in yourself  Career exploration  Preparing, planning, & paying for higher education  Lifelong employment  Getting paid

Unit 4: Understand the Principles of Receiving  Receiving from family, friends, and non- profits  Receiving from government programs

Unit 5: Understand the Principles of Saving & Investing  Choose to save  Savings tools  The fundamentals of investing

Unit 6: Understand the Principles of Spending  Credit reports and scores  Credit basics  Understanding credit cards  Protecting yourself from fraud:  Identity Theft  Types of insurance  Smart consumer spending  Major expenditures: Housing, Transportation, & Food

Unit 7: Understand the Principles of Giving  Give to others  Estate Planning