RFLA 102 - Money Management and Budget Building

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FA, every fourth year. Students will demonstrate responsible stewardship of personal resources through budget planning, maintenance of a budget, and investigation of banking, debit, and credit practices. Using real-life financial scenarios, students will learn to build and maintain credit scores, find out what it means to qualify for a mortgage, utilize insurance, and work toward a savings goal. Students will practice setting up a bank account, use online banking, pay bills online, and read and understand their own paycheck. Finally, students will learn how to adjust and improve their budget as their financial situation changes. Prerequisite(s): admission to the Life and Career Studies program or permission from the dean of education.