Financial Literacy – FNLT 101
CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020
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.
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.
Measurable Learning Outcomes
- Demonstrate the ability to create a personal financial plan that reflects biblically based convictions about finances.
- Demonstrate a proficient knowledge and applied understanding of the 4H model for financial decision making.
- Analyze current debt, spending, giving, and saving situation and set SMART goals in at least two of these four areas.
- Demonstrate an understanding of the impact of compound interest, as it relates to both debt and savings, and its effect on long term financial constraints and capabilities
The student will take an introductory Pre-Assessment that will assess the student’s current financial and economic knowledge. The Pre-Assessment must be completed within 2 weeks of enrolling or student will be dropped.
Textbook readings, web articles, and lecture presentations
The student will complete 16 open-notes quizzes. Each quiz will contain multiple-choice and true/false material. Additionally, each quiz will have an unlimited time limit.
The student will take a final assessment that summarizes previous quizzes and presentations. The post test can be reset and retaken at the student’s request by emailing the course instructor.