Financial Literacy – FNLT 101

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 04/08/2022

Course Description

The course is designed to assist students in understanding how to pay for college, mange money, and maintain financial responsibility. Students will learn applicable skills such as, how to budget and plan for current and future financial needs.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog.

Rationale

FNLT 101 provides information relating to college life and preparation/tools for personal finance, as well as biblical stewardship. Because it is vital for students to learn how to manage money as guided by Scripture, particularly in today’s global economy, FNLT 101 is an ideal choice. 

Course Assignment

Textbook readings and video presentations

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Discussions (9)

Discussion are collaborative learning experiences. Therefore, the student will create a thread in response to the provided prompt for each discussion. Each thread main post must be at least 250 words and demonstrate course-related knowledge. In addition to the thread main post, the student will reply to the threads of at least 2 classmates. Each reply must be at least 100 words. At least 1 citation (from the text or scripture) must be included in each thread main post. Current APA formatting is required for any citations.

Written Assignments (7)

To reinforce the material learned in each module, the student will complete 7 assignments involving written elements of financial literacy.

Four Hs of Financial Wisdom: Pre-Course Financial Goals Assignment
 
This assignment will provide the student with a benchmark of where the student is currently to review at the end of this course to consider if any of the "Four H" elements shift while working through the content.
 
Interview or Sermon Write-Up: Heart Assignment
 
This assignment is designed to encourage the student to interview someone the student respects as a financial steward to hear about their "why". If the student does not know of someone to interview or do not have access to the interview, there is a sermon provided to read with questions to address in the summation of the sermon. Either option is accepted for this assignment.
 
Personal Reflections: Health and Habits Assignment
 
The student will begin working on the Personal Financial Plan by completing the "Health and Habits" section of the document.
 
Debt Snowball Simulation & Pay Stub Analysis: Owe Assignment
 
For this assignment, the student will create a debt snowball and analyzing a pay stub for a fictional student.
 
Live Wedge: Budgeting Assignment
 
The student will complete four exercises provided in a document with the assignment.
 
Balance the Budget: Budgeting Assignment
 
This project will require the student to categorize approximately 50 sample transactions for a hypothetical month of spending and income. The spending summary will show that more money has been spent than earned. As a result, the student will need to craft a zero-based budget “fixing” the overspending for the “next month.”
 
Personal Financial Plan: Final Project Assignment

The student will complete the Personal Financial Plan which was started earlier in the course.

Quizzes (6)

The student will complete 6 quizzes which will cover all the material assigned in the Learn sections from the textbook. These quizzes will be open-book/open-notes, contain a variety of multiple-choice and true/false questions and have a time limit of 2 hours.