Building and Protecting Wealth

This unit helps learners move from basic financial concepts to actionable plans for growing and safeguarding personal wealth. Students learn to interpret economic media, create tax‑efficient investing strategies, evaluate professional advice, and apply risk‑management and contingency tools to protect income and assets in changing conditions.

Learning Objectives

• Analyze media coverage and economic data to identify bias, misinterpretation, and the potential impacts on personal financial decisions
• Evaluate when to engage a financial advisor and compare income‑enhancement strategies using cost‑benefit, fiduciary, and ethical criteria
• Construct a personal, tax‑efficient investing plan that specifies asset allocation, time horizon, risk tolerance, and criteria for selecting mutual funds and ETFs
• Implement risk‑management and contingency actions to protect income and assets, including insurance selection, emergency fund planning, disability/medical expense strategies, and responses to market volatility