This course explores the application of basic financial concepts to family financial decision making over the life cycle. Throughout this course, students learn to build the three primary financial statements including income statement, balance sheet, and cash flow statement as a basis for financial and economic decision making. They also learn advanced techniques for present and future time value analysis from a financial planning perspective. The course includes the study of risk management concepts, tools, and strategies for individuals and families and the various insurance programs used to mitigate risk. 
Continuing Education Units (CEU) :