Personal Finance (FINA 250)

Personal Finance

For General Education Goal 5, I decided to take Personal Finance.  Since math is my absolute worst subject, I wanted to avoid anything hard and learn something that I knew I would be using in my life, so Personal Finance was the way to go. In this class, we discussed how we would be able to use our money to plan for the future and make decisions that would affect everything we do. We were taught all about the ways to best store our money and how we could use our money to make more money. I feel like taking a personal finance class instead of calculus was a good decision on my part, because I feel like I will be prepared for my future when I graduate.

The artifact I chose for this class is a picture from one of the PowerPoints that Dr. Waller used in class. Dr. Waller always said that if we were going to learn anything in his class, he hoped that it would be compound interest. Compound interest is something that virtually any person with a bank account uses whether they know it or not. By just placing your money into an account that uses compound interest can greatly increase your money in just a few years. This is something that I will definitely keep in mind as I review places to deposit my future pay checks. I will also keep this in mind as I save money not only for my own future use but for the use of my future family.