Personal Financial Management: The Core 4 Pillars
Course no.: 02-01-EXC-12241-A
Managing your own personal finances is one of the most challenging issues you must handle in your life. It is the difference between living a life your handed or living the life you choose! This is a non-technical and self-contained introductory course to all students interested in having a better control over their financial life.
The course will address many critical personal financial planning topics in order to help students learn prudent habits both while in school and throughout their lifetime. The course will not make anyone a financial expert, it will, however, provide the solid foundation students need to understand the language of budgeting and financial planning.
Personal finance is a term that covers managing your money as well as saving, investing and retirement planning. Smart personal finance involves developing strategies that include budgeting, creating an emergency fund, paying off debt, using credit cards wisely, saving for retirement, and more. Students will also have a chance to participate in a virtual stock trading competition to learn how to manage an investment portfolio to achieve their financial goal.
Teaching Mode: Face-to-face
Medium of Instruction: English
Quota: 20 per class
- Identify the Core 4 pillars in Principles of Personal Financial Planning
- Time value of money
- How to manage your cash and savings in order to make better financial decisions
- Using Credit and Personal loans
- Personal Investments: Basics of stock markets and portfolio investments
- Instruments for Personal Investments: Debt, Equity, Mutual Funds, ETFs
- Portfolio Management and asset allocation
- The interplay between investments, credit and insurance
- The importance of saving for retirement sooner rather than later
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Session |
Contents |
|
1 |
Overview of Personal Financial Planning and 4 core pillars: Identifying major financial needs and path to financial security |
|
2 |
Personal Financing: Managing Cash, Savings & Personal loans & Use of Credit Cards |
|
3 |
Personal Investments: Rules of Investing |
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4 |
Instruments for Personal Investments: Debt, Equity, Mutual Funds, ETFs |
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5 |
Managing Risk: Annuity, Insurance, Retirement & Wealth planning Virtual Stock Portfolio Trading Game Presentation |
Schedule:
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Session |
Date |
Time |
Venue |
|
1 |
2 Oct 2024 (Wed) |
18.00 - 20.00 |
HJ203 |
|
2 |
9 Oct 2024 (Wed) |
18.00 - 20.00 | R502 |
|
3 |
16 Oct 2024 (Wed) |
18.00 - 20.00 | HJ203 |
|
4 |
23 Oct 2024 (Wed) |
18.00 - 20.00 | HJ203 |
|
5 |
30 Oct 2024 (Wed) |
18.00 - 20.00 | R502 |
Mr Clive Ho
Mr Ho has over 15 years teaching experiences in Wealth Planning, Investments Portfolio Management & Risk Management in tertiary education. He believes that Investments is a piece of art rather than sophisticated math that help individual get wealthy over-time surely & slowly but not overnight.
