Financial Wisdom Preparatory Institute
 

   Joetta Forsyth, Ph.D., and Nancy Dodd, MPW, MFA, are developing a truely unique and innovative personal finance textbook in two volumes, for teens and young adults. Ms. Dodd is an editor of The Graziadio Business Report (an online business journal) and professor of script writing. The textbook combines:

  • A highly rigorous and comprehensive personal finance curriculum at the college level developed by a Harvard Ph.D.
    • With basic information added for inexperienced young adults
    • Without unnecessary subject material for career training as a financial advisor (found in typical college finance courses).
  • Fun and educational stories about the subject matter and life in general, written by a script writing professional.
  • Practical information designed to provide a foundation for financial success over a lifetime

   
 

The result is a highly educational, entertaining, and carefully refined subject matter
designed to maximize the teenage and young adult learning experience. The focus is on giving
students a broad-based understanding of issues surrounding personal finance. However, the
financial environment constantly changes (tax laws, financial products, etc.) Therefore, the
subject matter will focus on training students to be financially wise throughout their lives.
Students will learn basic financial principles and fundamentals of financial modeling that they
can apply to a variety of situations.

Topics Include:

 
 
   

Volume I

The Financial Environment
Personal Financial statements
Managing money
The Time Value of Money
Mortgages
Budgeting
Forecasting in Excel
Retirement Planning
The Consequences of Spending Money
Debt Pricing Basics
Business Skills
Introduction to Statistics and Risk
Understanding the Relationship Between Borrowing and Risk
Credit Scores and Maintaining a Public Record

   
 
 
 
   

Volume II

Risk, Reward, and Diversification
Stock Pricing
Financial Scams
Investing Mistakes, Behavioral Finance, and Market Bubbles
Investing Strategies
Buying a Home
Financial Securities, Including Stocks, Bonds, ETFs, Mutual Funds, Derivatives, Futures, Reits,
                  Private Equity, and Real Property
Institutions, Fraud, Guarantees and Investor Rights
Insurance: Life Insurance and Investment Products, Car, Umbrella, Disability, Unemployment, Health, Other
Employee Benefits
Tax Strategies
Advisor Fees and Conflicts of Interest
Good Habits for Life
   
 
 
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