OLS 121 Personal Finance II • 2 Cr.
Second in a three quarter series. Students participate in hands-on activities, examine checking an savings accounts, discounts, credit and debit cards, and identify theft and money scams. Students apply math and spreadsheet software skills to personal finance and business problems. Structured to accommodate special needs learners. Prerequisite: VENTU 120 and either 141 or 142 or permission of instructor
After completing this class, students should be able to:Compile a self-reflective spending journal Discuss safe practices when buying online and how to avoid common problems Discuss the difference between wants versus needs as related to a personal budget Write a check accurately and identify errors in incorrectly written checks Identify the elements of a basic budget Demonstrate how to reconcile checking accounts online Compare and contrast debit, ATM and credit cards Discuss retirement savings strategies Describe the difference between interest earned from a savings account and interest paid on credit card balances