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FIN 100 Personal Financial Planning - DOC

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					                                     FIN 100-01 Personal Financial Planning
                                          Dr. Dorla Evans
                                              Fall 2009

 This course is offered exclusively via distance learning (DL). You will read the textbook and view the video
 lectures to prepare for exams. Exams will be in-class but I am considering a DL option for exams, also. You
 are encouraged to contact me with questions or suggestions. Don’t be fooled by the low number in FIN 100.
 This course takes dedication to perform well. What you learn will affect your WHOLE LIFE!

Administrative Information:

Office:         BAB 377, Phone: 824-6764, mailto:Dorla.Evans@uah.edu
Hours:          MW 1:00 - 2:30, drop by, and by appointment
Web Site:       Personal --    http://cba.uah.edu/evansd
                Course --      https://angel.uah.edu/default.asp (Biographical Sketch available there)

Objectives:

The course is oriented toward students who have no background in finance. The objective is to introduce you to
the major financial decisions you will make throughout your lifetime. You will learn basic terminology and
decision approaches for personal cash budgeting, purchasing a car or home, life and health insurance, personal
investments, and retirement plans. This course, taken seriously, can prevent many financial mistakes over a
life time. That will make the difference between a comfortable retirement and working in your ―golden‖ years.

Texts:

The required materials are (1) Personal Financial Planning, eleventh edition, by Gitman and Joehnk and (2) my
PowerPoint lecture slides, available on our course website, (3) access to the lectures that are tied to the
PowerPoint slides, and (4) an advanced financial calculator, preferably a Texas Instruments BAII Plus. It is
absolutely essential you read the assigned material because half of the exams will come from the textbook.
The calculator is an INVESTMENT in your future. You will be surprised how many questions can be answered
with the calculator that you would have no other way of answering. Having the right answers to these questions
will make you RICHER.

Printing out slides: When you are in the Video Lectures window, right click on the title of the slides, and choose
"Save Target As ..." from the menu. After the slides are saved, go to PowerPoint and open the saved
slideshow. When you are ready to print them, select the print option from the File menu to get the options you
need. At the bottom of the print window select "Handouts" from the drop-down menu. ("Slides" is the default
and you will end up with a thousand pages!) And then select either "Grayscale" or "Pure Black and White" to
save your colored ink. I suggest printing out 3 or 6 slides per page.

Grading Components:

Grades will be based on two mid-term examinations, and a final examination. The exams will be multiple-
choice and true-false in nature. Half of each exam will come from the textbook so don’t forget to do your
reading. Old exams are on our website but only use them to test your knowledge after you have studied for the
exam. Grades will be posted within two to three days on Angel (our Internet site) as will the correct answers to
the exam questions. The final exam will NOT be comprehensive in nature.

                       Exam 1                         33.3%
                       Exam 2                         33.3%
                       Exam 3 (Final)                 33.3%
                        Total                         100%

Course Policies:

Course grades are based upon an average of all your scores in the course. Exams start at the beginning of
the assigned course time. Note the final exam is at a different time! You will have one hour to complete the
exam. Because I allow you to keep the exams, no one will be allowed to begin the exam after the first person
has left (approximately 15 minutes).
If you let me know in advance that you will miss an exam, I will arrange an oral exam to substitute for the
missed exam. Please don’t ask for an exception to this policy. Although I sympathize with your personal
problems, I cannot give consideration to one person without being unfair to others. Missing an exam results in
a zero.

Getting Started with Angel:

The Internet course materials reside in software called Angel. You will be accessing the software to view
course materials and communicate with the professor or fellow classmates, etc. Go to the Angel web site for
the course:
                                       https://angel.uah.edu/default.asp

There are easy starting instructions at the above site under Institutional Resources, then Student Guides.
Login Instructions:

1. In the Username box, type your Charger ID (LDAP) - Your Charger ID is the first part of your UAH email
   address, the characters to the left of the @ sign.
2. In the Password box, type your password - The default password beginning in the fall 2008 semester is the
   first initial of your first name, first initial of your last name, and the last six digits of your A#.
3. Click the Login button

If you are having problems, use the new TAG, the Technical Assistance Group, now located at Salmon Library’s
first-floor Reference Desk. It has expanded hours, a new email address (tag@uah.edu), and a new web site
(http://www.uah.edu/admin/tag). Don’t lose valuable research time trying to decode your technical issues—
email or call TAG at its new number: 824-3333.
                                                            Finance 100 – Personal Financial Planning
                                                                            Fall 2009

If you stay on this class schedule, you will be prepared for each test. Because this class is via Distance Learning, you may progress through the material at your own
pace, but plan for the exam dates.


Number
                                                                                                     Requires Internet        Links to PowerPoint Slides Used in
   of         Dates          Chapter                     Links to Lecture Video
                                                                                                        Explorer?                           Video
Classes
                                         Introduction to the Course -- 15 minutes                          Wimba            Introduction

                                         Getting Rich in America -- 22 minutes (A02)                         Yes            Getting Rich
   1           8/19            None
                                                                                                                            Psychology of Money
                                         Psychology of Money -- 14 minutes (A03)                             Yes
                                                                                                                            Psychology of Money Test
                                         Financial Planning Process -- 16 minutes (A04)                      Yes            Financial Planning
   1           8/24              1       Economic Environment -- 14 minutes                                Wimba            Economic Environment
                                         Cause of the Recession                                            Wimba            Cause of the Recession Record
                                         Economy in 2009 – 15 minutes                                      Wimba            Economy in 2009
                                         Net Worth Computations -- 31 minutes (B01)                          Yes            Net Worth
                                         Cash Flow Statements and Budgets -- 22 minutes
                                                                                                             Yes            Cash Flow Statements
                                         (B02)
                                         Practice Financial Statements -- 19 minutes (B03)                   Yes            Harry Doyle Practice Set
                                         Martinez Practice Set -- 12 minutes (B04)                           Yes            Martinez Practice Set
                                         Cash Budgets -- 8 minutes (B05)                                     Yes            Harry Doyle's Cash Budget
          8/26, 8/31, 9/2,               Uses of Time Value of Money -- 9 minutes (B06)                      Yes            Time Value Uses
   7      9/9, 9/14, 9/16,       2
                                         Future Value -- 29 minutes (B07)                                    Yes            Future Value
                9/21
                                         Compounding -- 15 minutes (B08)                                     Yes            Compounding
                                         Calculator Tutorial (Link to You Tube videos)                       No             None
                                         Future Value Calculator Usage -- 34 minutes (B09)                   Yes            FV Calculator
                                         Future Value Practice Set -- 11 minutes (B10)                       Yes            Future Value Practice Set
                                         Present Value -- 22 minutes (B11)                                   Yes            Present Value
                                         Present Value Calculator Usage -- 9 minutes (B12)                   Yes            PV Calculator
Number
                                                                                    Requires Internet     Links to PowerPoint Slides Used in
   of     Dates   Chapter                  Links to Lecture Video
                                                                                       Explorer?                        Video
Classes
                            Present Value Practice Set -- 10 minutes (B13)                Yes           PV Practice
                            Future Value of Annuity -- 15 minutes (B14)                   Yes           Future Value of Annuity
                            Future Value of Annuity Calculator Usage -- 8 minutes
                                                                                          Yes           FV Annuity Calculator
                            (B15)
                            Future Value of Annuity Practice -- 10 minutes (B16)          Yes           FV of Annuity Practice
                            Present Value of Annuity -- 23 minutes (B17)                  Yes           Present Value of Annuity
                            Present Value of Annuity Calculator Usage -- 10
                                                                                          Yes           PV Annuity Calculator
                            minutes (B18)
                            Present Value of Annuity Practice -- 11 minutes (B19)         Yes           PV Annuity Practice
                            Time Value of Money Practice Set -- 24 minutes (B20)          Yes           Combination Practice Set
                            Selecting a Financial Planner -- 21 minutes (B21)             Yes           Financial Planners
           9/7              Labor Day
                            Tax Basics – 16 minutes                                      Wimba          Taxes
                            Who Pays Taxes – 17 minutes                                  Wimba          Who Pays Taxes
  1       9/23      3
                            Tax Planning – 17 minutes                                    Wimba          Tax Planning
                            Social Security Taxes – 18 minutes                           Wimba          Social Security Taxes
  1       9/28              Exam 1
  1       10/28             Exam 2 – chapters 4-10
  1       12/4              Final Exam – 11:30-12:30 – Not at regular exam
                            time! Chapters 11-14


                        Please see Lecture Links for details to lectures.

				
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