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Set financial goals
Assessment Strategies
upon completion of setting five realistic short term(1yr), and five realistic long term(5 yr) personal financial goals.
Criteria
you list the steps that will be neccessary to achieve goals.
you complete goal setting in a timely and professional manner.
you complete a report evaluating you're progress towards reaching you're short term goals within six months.
you make adjustments if neccessary to meet those goals.
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Create a personal budget
Assessment Strategies
by creating a personal budget.
Criteria
you access you're current financial situation
you list all sources of personal income per month
you list all current expenditures per month
you set up a realistic monthly budget that is conducive to you're personal financial goals
you complete budget in a neat and professional manner in spreadsheet format
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Obtain personal credit
Assessment Strategies
upon establishing one form of personal credit.
Criteria
you list the steps neccessary to establish personal credit
you complete an application to establish one form of credit
you describe the importance of maintaining a positive credit rating
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Analyze investment strategies
Assessment Strategies
upon completing a comparison report of different investment strategies.
Criteria
you complete report in a neat and professional manner
you include the pros and cons of short and long term strategies
you include the pros and cons of high risk investments
you include the pros and cons of low risk investments
you analyze which investment strategies will best help you reach you're financial goals
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Evaluate the pros and cons of starting a business
Assessment Strategies
when you create a business plan for a simulated business
Criteria
you complete business plan in a neat and professional manner
you include start up costs for you're business
you access the pros and cons of business ownership
you include state and federal withholding requirements for employer and any employees
you establish a set of ethics for you're business
you determine the amount of insurance or bonding you're business will require
you access the risks involved in business ownership