Module 6 Overview
Module Highlights
Module Objectives
Upon completion of this module, you should be able to:
- Describe the current outlook of personal career choice, earning potential, and various career resources;
- Identify the benefits of owning a home versus renting, and factors to consider when shopping for a home;
- Assess readiness for buying or renting a home;
- Describe the costs and benefits of owning versus leasing a car and factors to consider when shopping for a car;
- Describe the process of purchasing a home and the process of buying a car; and
- Define and complete net worth calculations, debt-income ratio calculations, and safe debt loads using the 20-10 rule.
Activities & Assessment
- Read assigned chapters under each section.
- Watch assigned videos.
- Complete Exercise 6.1A: Career Exploration
- Complete Exercise 6.1B: Construct Your Resume
- Complete Quiz 6.2A: Major Purchases - Housing
- Complete Quiz 6.2B: Major Purchases - Cars
- Complete Assessment 6.2A: Should You Buy a Home?
- Complete Assessment 6.2B: Should You Buy or Lease a Car?
- Complete Exercise 6.3A: Net Worth
- Complete Exercise 6.3B: Debt Ratios and Loads
This course is about your financial health. Throughout the semester, and in this module in particular, the assignments request that you share personal information about your financial behavior and/or situation. If at any time you are uncomfortable sharing, please connect with us to figure out an alternative.