Course

Credit Type:
Course
ACE ID:
UEDF-0001
Version:
1
Organization:
USAA Educational Foundation
Location:
Online
Length:
50 hours
Minimum Passing Score:
70
ACE Credit Recommendation Period:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Personal Finance
Description

Objective:

The course objective is to empower participants to take control of their financial future. Whether the learner is currently serving, a veteran, or a military spouse, this self-paced personal finance course addresses the unique financial challenges of military life. Learners will explore 19 essential topics to build, grow, and protect their finances, then apply their knowledge to one of three case studies. By the end of the course, participants will have a stronger grasp of their financial situation and the confidence to achieve their goals.

Learning Outcomes:

  • Develop a financial game plan: construct a comprehensive financial plan that aligns with personal and professional goals, demonstrating the ability to forecast future financial needs and potential income sources
  • Build a budget: evaluate spending methods by prioritizing less than one earns, demonstrating the ability to create and adhere to a budget that includes savings and discretionary spending
  • Create an emergency fund: establish an emergency fund that covers at least three to six months of living expenses, showcasing an understanding of risk management and financial preparedness
  • Manage debt responsibly: differentiate between good and bad debt and demonstrate responsible credit usage by developing a strategy to manage existing debts and make informed decisions about incurring new debt
  • Implement asset protection: identify and implement appropriate insurance and protection strategies for life, loved ones, and possessions, including selecting suitable insurance policies and understanding their benefits and limitations
  • Develop investment and future savings strategies: formulate a long-term investment strategy that includes retirement planning and other savings goals, applying principles of investment diversification and risk assessment
  • Prepare to distribute assets in life and at death: evaluate common estate planning tactics and important legal documents to help plan for the financial needs of one’s survivors

General Topics:

  • Build Your Foundation: Have a Financial Game Plan, Build a Budget, Save for Emergencies, Prepare Your Legal Documents
  • Safeguard Your Financial Freedom: Understanding Credit, Managing Debt, Debt Destroyer®
  • , Car Buying Basics, Home Buying HQ
  • Protect Your Life, Loved Ones and Possessions: Life insurance, Auto Insurance, Renters Insurance, Homeowners Insurance, Military Consumer Protection
  • Grow Your Wealth: The Financial Services Industry, Economics, Paying for College, Investing for Growth, Saving for Retirement
  • Deploy Your Knowledge (Case Studies): Navigating financial decisions in the military, Managing money in a military family, Transitioning your finances for civilian life
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Computer Based Training
  • Discussion
  • Practical Exercises
  • Performance Rubrics (Checklists)
  • Review of written content and calculator use

Methods of Assessment:

  • Case Studies
  • Performance Rubrics (Checklists)
  • Quizzes
Supplemental Materials
Equivalencies