Course Summary Recap

Thank you for taking West Have Adult Ed Personal Finance course with me.

The last session's class on Insurance and Taxes has a Powerpoint that can be accessed by clicking on this link.

In addition, you may find a course summary Powerpoint useful as well; here is a link to access it.

It's been a pleasure.

Happy holidays.

R.Wiegand

Take-home Final due December 16, 2015

Here is a link to access a copy of the take-home final.

It is due in class next week, December 16, 2015, or via email by sending it to rwiegs@gmail.com.   If you choose the latter approach for submission, you must notify me first.

Best of luck and Happy Holidays!

Credit Management

Today's class is about credit management.  

We'll explore the following key terms and concepts:

• Credit

•Creditor

•Closed-end credit, installment debt

•Open-end credit, revolving credit

•Line of Credit

•Available credit

•FICO score

•Credit utilization ratio

•Grace period

•Finance charge

•APR 

•Debt/Income ratio

We'll review a sample credit card statement and talk about strategies that can save you thousands of dollars in interest payments.

We will also discuss how to keep your credit cards secure.

We will review basic concepts of contract law and what can happen in the case of bankruptcy.

Finally, we will talk about where to go to get debt counseling and whether debt consolidation programs are appropriate.

To access a Powerpoint of this lesson, please click on the following link.