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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