Financial Planning

Course Name:   Introduction to Financial Planning FINC320

Course Objective:   To understand what the financial planning process is, as defined by the Certified Financial Planner Board of Standards (www.cfp.net), and how to utilize it to be an effective financial planner. We will explore basic tools and techniques used in support of the financial planning process as well as the ethical, regulatory, and economic environment in which financial planners operate. Focus will also be on the 5 core planning topics: Investing, Taxes, Insurance, Retirement, and Estate Planning.


Expectations:   You should expect this course to help you improve your ability to communicate and present financial topics to individuals and groups. One of the most important qualities of successful financial planners is their ability to communicate effectively. You can also expect the course to help you prepare for the CERTIFIED FINANCIAL PLANNER Examination.

The Planning Process

We begin with an overview of the financial planning process, the industry, and the meaning of a Fiduciary.

Notes

Video Lecture

Investments

This module explores the core concepts needed for successful long-term investing.

Notes

Video Lecture

Tax Planning

We explore the basics of the 1040 tax form and the process for determining taxes due.

Notes

Video Lecture

Loans & Credit

Here you will learn the true cost of debt by adding financing costs to interest rates.

Notes

Video Lecture

Insurance

The lesson covers risk management and the types of insurance products available to individuals.

Notes

Video Lecture

Retirement Planning

This module explores pension plans, profit sharing plans, and social security.

Notes

Video Lecture

Estate Planning

Last but not least, estate planning ensures that the maximum amount of your wealth passes to your heirs rather than to taxes

Notes

Video Lecture

Psychology of Financial Planning

This module may be the most important part of the course.  It will take around 8 hours to complete.  All materials (videos and quizzes) are accessible using this link.

Supplemental Resources

Link to Podcasts & Research