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Sep 07, 2024
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OLS 120 - Personal Finance I 2 CR
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(s): OLS 110 , OLS 111 , OLS 140 , OLS 141 and acceptance into the program.
Course Outcomes - Use basic math and calculator skills to solve personal finance problems
- Define and appropriately apply banking terms and basic concepts in the context of personal money management activities
- Identify household bills and basic money management skills required to live independently
- Discuss the difference between a savings and a checking account and the benefits of both
- Compile a self-reflective spending journal to identify spending habits
- Demonstrate basic understanding of counting money and making change
- Compute sales tax, tip and discount amount off for products on sale
- Demonstrate basic understanding of how to read a store sales receipt and restaurant check
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