Make smart financial decisions

Throughout your life, you will need to make some major financial decisions beyond your day-today
spending. While these decisions can impact your budget, there are a lot more factors that go into planning for them. This session will review some of the different financial decisions and what you need to know to make the best decisions based on your financial situation.

The Financial Decision-Making course will help you clarify the different decisions you might need to make, analyze the different options and types of insurance, and then act on making smart financial decisions for your situation!

As a part of the Commonwealth Leadership Alliance Core Six™ curriculum, this course will cover the components of Decision-Making and Financial Literacy.

  • Define credit
  • Explain the impact of credit scores on financial decision-making
  • Identify different major purchases and financial considerations for each
  • Summarize the process for obtaining and managing loans
  • Discuss the need and considerations for different types of insurance

Course curriculum

    1. What is Financial Decision-Making?

    1. What is Credit?

    2. Credit Scores

    3. Credit Reports

    4. How to Build Credit

    5. How to Repair Credit

    6. How to Freeze Credit and Repair Your Identity

    7. Knowledge Check

    1. Should You Rent or Buy?

    2. Homebuyers Quiz

    3. So You've Decided to Buy a House

    4. Understanding Mortgages

    5. Buying a Car

    6. Car affordability

    7. Getting a Loan

    1. Getting an Insurance Agent

    2. Car Insurance

    3. Health Insurance

    4. Life and Disability Insurance

    5. Renters and Homeowners Insurance

    6. Knowledge Check

    1. Reflection

    2. Supplemental Resources

    3. Continue the Conversation

About this course

  • 24 lessons

Course Contributors

Senen Garcia

Managing Attorney

Senen is an experienced Business Attorney/Accountant with a demonstrated history of working small and medium sized businesses. He is skilled in various Commercial transactions, Litigation, Income Tax, and Property and Casualty, as well as has strong interpersonal skills coupled with a Juris Doctorate and MBA.

Hernan Mayol

Export Finance Manager, Office of International Trade

Hernan is a global leader with over 25 years experience in Financial Services, Strategy, and Business Development focused on Trade and Working Capital Solutions, Global Payments, Structured Trade Finance, Risk Mitigation, Alternative Investments and Innovation in the Banking industry.