905 Real World Applied

1 semester, ½ credit

Open to seniors who have completed Personal Finance

Prerequisite:  Personal Finance

This course is designed to create an understanding of real world situations that students will face their first few years out of college and beyond.   From navigating the college roommate situation to finding and budgeting funds used to pay for college, to planning an effective strategy for finding employment in the near term as well as wealth building for the long term. 

Skills

 By the completion of this course, students will be able to...

  1. Navigate and manage college loans, grants and scholarships including the FAFSA form.
  2. Develop and create an effective resume.
  3. How to excel at the first year of college from dealing with roommates, professors and how to get and stay involved.
  4. Complete a job search.
  5. Prepare, maintain, and monitor a household budget.
  6. Discuss the basics of the necessities of life: food, shelter, and transportation.
  7. Negotiate a car purchase.
  8. Manage and consolidate debt.
  9. Create long term savings plans for a variety of purposes.
  10. Build effective habits for goal achievement.

Knowledge

By the completion of this course, students will know how to...

  1. Explore options for college financial aid
  2. Complete student loan paperwork
  3. Explain the 5 C's of credit
  4. Interpret their credit score and discuss its importance
  5. Search for and rent an apartment
  6. Discuss the importance of insurance to their financial health
  7. Develop a plan to research and compare various insurance policies
  8. Research, fund, and maintain savings and investment options
  9. Compare and contrast traditional IRAs and Roth IRAs
  10. Explain the importance of a will

 

The curriculum last updated on January 4, 2019, by the Practical Arts Department.