STEP BY STEP SAMPLE FINANCIAL CAREPLAN (Reading)

Financial Well-Being For Nurses How to become financially literate and create a comprehensive financial plan to achieve financial well-being.

Welcome to the course!

Instructor Bio, Introduction, and Course Overview (15-20min)

Obj. 1: Describe Why Financial Well-Being for Nurses is Important (1.5 Hours)

Obj. 2 Part 1: Identify Key Components of Financial Literacy & Resilience (2 Hours)

Definition and Background (1:42)
P-Fin Index Results (Reading)
Begin With a Sound Lifestyle
About Financial Resiliency (2:36)
Basic Economics Part 1 (4:26)
Supply & Demand Examples, Boom/Bust Cycles (Reading)
The Money Supply (6:07)
Basic Economics Part 2 (5:38)
Inflation (Reading)
Inflation & Wages (5:56)
Final Thoughts on Inflation & Relative Prices (Reading)
Basic Personal Finance: Compound Interest (7:34)
The Time Value of Money (3:46)
Basic Personal Finance Concepts: Borrowing Part 1 (13:08)
Different Loan Term Examples (Reading)
Credit Cards & High Interest Debt (6:18)
Credit Score (8:46)
Good Debt, Bad Debt? (6:51)
Basic Personal Finance Concepts: Borrowing Part 2 (Student Loans, Fees, and Consolidations) (10:05)
Case Scenario & Borrowing Summary (Reading)
Basic Personal Finance Concepts: Savings Part 1 (8:23)
Emergency Savings (4:21)
Emergency Savings and Where to Save (Reading)
Basic Personal Finance Concepts: Savings Part 2 (Inflation & I-Bonds) (6:07)
You've Reached the End of Week 1!
REFERENCES

Obj. 2 Part 2: Identify Key Components of Financial Literacy & Resilience (2 Hours)

Welcome to Week 2!
Basic Personal Finance Concepts: Cash Flow (4:34)
Basic Personal Finance Concepts: Budgeting (4:54)
Budget Approaches (Reading & Video) (0:56)
Basic Personal Finance Concepts: Asset Protection (7:13)
Liability & Disability (11:51)
Life Insurances (5:31)
Basic Personal Finance Concepts: Taxes Part 1 (7:09)
Withholding (4:39)
Tax Brackets (Reading)
PAYSTUBS, INCOME TAXES, AND PAYROLL DEDUCTIONS (3:27)
Basic Personal Finance Concepts: Taxes Part 2 (Deductions & Credits, Capital Gains Tax) (7:59)
Other Taxes (Reading)
Basic Personal Finance Concepts: Home Ownership/Mortgages Part 1 (12:08)
Questions to Ask Before Buying A Home (Reading)
Basic Personal Finance Concepts: Home Ownership/Mortgages Part 2 (0:49)
RUN THE NUMBERS! (Reading)
Mortgage Features & Other Considerations (13:20)
Home Buying Tool Kit and Mortgage Wrap Up (Reading)
Investing and Investment Phases Part 1 (14:11)
Stocks & Bond Slideshow
RISK DISPERSION, DIVERSIFICATION, AND MUTUAL FUNDS (4:19)
Investing and Investment Phases Part 2 (Bubbles & Market Timing) (7:07)
FIVE Rights of Investing (2:47)
REFERENCES

Obj. 3 Demonstrate How to Calculate Important Personal Finance Ratios & Equations (30 min)

Obj. 4, Part 1: Demonstrate How to Create a Cash Flow Statement & Budget (15 Min)

Obj. 4, Part 2: Demonstrate How to Create a Cash Flow Statement & Budget (30 min)

Obj. 5: Explain How to Use the Nursing Process to Create a Personal Financial Plan (90 Min)

Obj. 6, Part 1: Discuss In Depth Strategies to Reach Goals, Manage Finances, Save & Invest (2 Hours)

Obj. 6, Part 2: Discuss In Depth Strategies to Reach Goals, Manage Finances, Save & Invest (2 Hours)

Obj. 6, Part 3: Discuss In Depth Strategies to Reach Goals, Manage Finances, Save & Invest (1.5 Hours)

Obj. 7: Identify How to Use Expert and Professional Guidance Effectively (50 min)

Putting it all together, Summary & Review, Evaluation (30 min)

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