Financial Planning for Couples Simulation

Overview/Description
 Do your finances have you down? Are you overwhelmed by the debt you've incurred or worried about whether or not you'll have enough money to afford a home and retire comfortably? If so, then you've chosen the right simulation. The Planning Your Personal Finances Simulation for the Married Participant will provide you with the opportunity to practice the real-world, everyday skills necessary for digging your way out of debt and securing a financially sound future. And although it won't solve your actual financial problems for you, it will give you the peace of mind that comes from knowing you have the knowledge and experience required to turn your financial standing around. On the other hand, if you're one of the lucky few whose finances are already in order, the Planning Your Personal Finances Simulation will provide you with the opportunity to practice preparing for your retirement. Either way, the Planning Your Personal Finances Simulation has something for everyone. The Planning Your Personal Finances Simulation for the Married Participant is based on the SkillSoft series "Planning Your Personal Finances." Throughout the simulation links are provided to the following SkillSoft courses: PD0141, PD0142, and PD0147. This simulation comprises three scenarios and an introduction. All tax calculations are based upon the Tax Year 2001.

Target Audience
 The Planning Your Personal Finances Simulation is intended for married participants within a general American audience.

Expected Duration
0.5 hours

Lesson Objectives:

Financial Planning for Couples Simulation

  • evaluating your finances and preparing financial goals.
  • creating a realistic budget.
  • evaluating the pros and cons of a second income.
  • determining your needs for a home.
  • buying a home and obtaining a mortgage.
  • planning for your retirement.
  • saving and investing for your future.

    • Course Number: PD014S