OLS 120 Personal Finance I • 2 Cr.
Department
Division
First course in the personal finance series. Students participate in developing a foundation of money management, the use of finance tools, and skills necessary for independent financial success. Prerequisite: OLS 110, 111, 140, 141 and acceptance into the program.
Outcomes:
After completing this class, students should be able to:
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Use basic math and calculator skills to solve personal finance problems
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Define and appropriately apply banking terms and basic concepts in the context of personal money management activities
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Identify household bills and basic money management skills required to live independently
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Discuss the difference between a savings and a checking account and the benefits of both
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Compile a self-reflective spending journal to identify spending habits
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Demonstrate basic understanding of counting money and making change
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Compute sales tax, tip and discount amount off for products on sale
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Demonstrate basic understanding of how to read a store sales receipt and restaurant check
