▪ Week 7 In-Class

WELCOME AND THANK YOU

Welcome Center Germany

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CONGRATULATIONS! YOU’RE ½ DONE YOUR FIRST SEMESTER!

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IN CLASS READING

▪ Ensure you read Week 5 Reading

Advocis Core Curriculum Module 913: Credit and Debt
Pages 6-80
▪ Week 6 Reading
Credit Facilities
Pages 81-121

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UNSECURED CREDIT FACILITIES

InCharge Debt Solutions

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ASK ME FIVE QUESTIONS ABOUT THIS WEEK’S READINGS

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WHAT STILL DOESN’T MAKE SENSE?

Meme Generator

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MIDTERM

• EXAM DATE – November 2

Can complete it any time between 12:01 a.m. (EST) and 11:59 p.m. (EST).

• Each midterm will have different questions and be randomized.

Multiple Choice, calculations, and matching

• One question will be shown at a time.

• Have the 2021 FP Projection Assumptions Guidelines (used in class)

• Have you Financial Calculator

• You will not be able to backtrack on a question.

• Two hour to complete. Will be available under

“Assessments”
• 25% of your final grade. Link on Course Blackboard site.

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FINANCIAL PLANNING

▪ What is Financial Planning

▪ Financial Planning Process
▪ 6 Steps to the Financial Planning Process - readings
▪ Social Trends Impacting Financial Planning
▪ Professional Conduct
▪ Financial Services Regulation
▪ Competency Profile
Areas of Financial Planning

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FINANCIAL MANAGEMENT

▪ Goal setting
▪ Top Priorities for Canadians
▪ SMART Goals
▪ Personal Financial Statements
Net Worth
Cash Flow
▪ Free Cashflow
▪ Financial Ratios
▪ Recommendations

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FOUNDATIONS FOR INVESTMENT PLANNING

▪ Risk Management
▪ Risk vs Return
▪ Diversification
▪ Asset Allocation
▪ Asset Classes - know the basic catagories
▪ Ways to determine Strategic Asset Allocation
▪ Rebalancing
▪ Longevity

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TIME VALUE OF MONEY

▪ Calculations
▪ Using a Financial Calculator
▪ Why these calculations are important.
▪ BEG or END
▪ Proper use of - sign
▪ Inflation
▪ NRR
▪ RRR

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CREDIT AND DEBT

▪ Know the types of lenders

▪ Who can provide credit
▪ Types of Credit
▪ Terms for Loans
▪ Lending Risks
▪ Types of payment
▪ Interest rates
▪ Calculate payments

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ACADEMIC INTEGRITY

“Integrity is
doing the
right thing
whether or not
you think
anyone is
watching”
Brock University

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ADMINISTRATION

▪ Please contact me in advance if you need assistance with the exam.

▪ All material is posted on Blackboard and in the assigned reading
▪ Class Videos can be found on Blackboard in the Virtual Classroom
(ZOOM)

I will be marking the TMV Calculations over your break

HAVE A GREAT WEEK OFF