Advanced Personal Finance Strategies

This capstone unit integrates advanced topics in debt management, taxes, insurance, investing, retirement, and estate planning. Students will evaluate consumer protections and professional services, and produce actionable plans to protect assets, minimize taxes, and manage long-term financial goals, building on prior units and preparing for real-world financial decision-making.

Learning Objectives

• Analyze credit options, counseling alternatives, and personal bankruptcy types to formulate debt-reduction strategies that protect credit and essential assets
• Apply tax rules and online resources to determine filing obligations, minimize tax liabilities, and select appropriate tax preparers or services
• Evaluate insurance products, broker safeguards, and investment risks to develop a retirement and risk-management plan that protects savings and beneficiaries
• Demonstrate the ability to prepare basic estate documents, catalog assets, select advisors, and create a budgeted action plan addressing housing, education, and transportation costs