- Budgeting
- Cash Management
- Consumer and Mortgage Loans
- Introduction
- Understand How Consumer Loans Can Keep You from Achieving Your Goals
- Explain the Characteristics and Costs of Consumer Loans
- Explain the Characteristics and Costs of Mortgage Loans
- Understand How to Select the Least Expensive Sources for Consumer Loans and How to Reduce the Costs of Borrowing
- Summary
- Assignments
- Debt and Debt Reduction
- Time Value of Money 1: Present and Future Value
- Time Value of Money 2: Inflation, Real Returns, Annuities, and Amortized Loans
- Insurance 1: Basics
- Insurance 2: Life Insurance
- Insurance 3: Health, Long-term Care, and Disability Insurance
- Insurance 4: Auto, Homeowners, and Liability Insurance
- The Home Decision
- The Auto Decision
- Family 1: Money and Marriage
- Family 2: Teaching Children Financial Responsibility
- Family 3: Financing Children’s Education and Missions
- Investments A: Key Lessons of Investing
- Investments B: Key Lessons of Investing
Learning Tools
The following Learning Tools may be helpful as you prepare your personal financial plan:
9. Debt Amortization and Prepayment Spreadsheet
This Excel document gives a debt amortization and prepayment schedule to help you as you reduce and eliminate your debt.
18. Credit Card Repayment Spreadsheet
This Excel spreadsheet helps you determine how long it will take you to pay off a specific credit card or loan based on the balance owed, annual percentage rate, compounding periods, and payments per month.
20. Debt Elimination Schedule with Accelerator
This spreadsheet allows you to input your different debts and interest rates. It then prioritizes your debt based on interest rate and puts together a repayment plan based on the minimum payments each month; this strategy is consistent with Marvin J. Ashton’s plan in the article “One for the Money.” This spreadsheet also allows you to include an accelerator amount (an amount in addition to your normal monthly payments) to show you how long it will take you to pay off your debt.
