Personal Finance 2022 J-Term

Kilali Latter Personal Finance Dr. Ott 1/14/22 Course Reflection         I have learned so much from Personal Finance. I believe that what I have learned from this course will be some of the most important information in my adult life. I have learned how to budget, save, and invest. I have also learned about what will be important in my adult life like credit cards, homeownership, taxes, real estate, and so much more. I have learned what I need to do in order to retire early and become financially independent. Through the book Your Money or Your Life  I learned how to live a happy life, where I have "enough" instead of too much stuff. I learned that I should do things that I love and work for a living instead of working for a dying. This course taught me more than just money and investing, it taught me about life and helped me see what I want my life to be like, instead of what society says it should be like. I learned some of the steps that I should t...

     While this J-term isn’t necessarily as fun or exciting as some of the other J-terms, I learned a lot of useful information that I did not know prior to this course. It felt important to me to learn this information before I leave for college and this was the perfect opportunity to do so. I was able to learn a lot of the basics of money management and personal finance. The game of life showed me what my future can look like if I’m responsible with my money and I was able to learn how to be responsible with my money especially through the books we read. Why Didn’t They Teach Me This in School gave a lot of good tips on how I can save money (ex. Principle 19: Have an emergency month every January) and how to be wise about where I put my money. This course has given me the push I needed to finally start a savings account. I am now working to save a portion of my paycheck so that I have an emergency fund as well as spending money for college.      The conc...

 Personal Finance Course Reflection This is (by far) the most valuable J-Term that you could participate in at Post Oak. I have learned more valuable information in these two weeks than I ever have before regarding finance. In just these two weeks, I feel much more confident in my financial future. I have always had aspirations in my life that have greatly involved being financially independent. The game of life activity was the most helpful to me because I was able to budget out my full life and set goals for where I want to be in the future. One of my main goals in life is to own a ranch in a beautiful/mountainous area, this obviously comes with a price. My original plan was to "figure it out" but now I feel much more confident in how I will be able to afford this for my future wife and kids. By learning about appreciating real estate and long-term marketed investments, I should be able to afford what I want and more in the future. Another big lesson learned was the value o...

This course has been really great for me, I learned about a lot of tools to help save me money notably the mint app. In addition to this, we learned a lot about stock analysis especially technical analysis which I had never done. I personally really liked it and I learned how to use a lot of advanced tools like trading view and a couple of others. I really enjoyed this aspect and will definitely use it in the coming years. The other big thing that will stick with me is options trading. We watched a really funny and interesting movie called trading places about options and futures which I honestly enjoyed and soon afterward I opened an options trading account on Robinhood. That combined with the technical analysis we learned will really help me get into options trading.  The other major part of our course is the game of life. This is a massive spreadsheet where we predicted our expenses and gross income for each year starting from college. It made my plans for the future much cleare...

 Reflection on the Class Oscar Rawson     I learned a lot over the course of this J-Term. How to make better investments, how to begin saving for retirement, how to budget my monthly earnings and expenses, and how to start working for financial independence.  Your Money or Your Life and Why Didn't They Teach Me This in School? both were incredibly helpful books.  Your Money or Your Life promoted me to think a lot about ways to save for retirement early, and how to budget my monthly income. As I begin to have an income, the wall chart proposed by the book will be immensely helpful for me in saving my money and reducing my expenses. Managing the chart like this proved to reduce the stress and expenses of the people that used it in the book. I think that  Why Didn't They Teach Me This in School? 's quick tip format was really well-done and informative and straight to the point. His tips about retirement accounts and where to put your money were really helpful...

 I really appreciated retaking this course again. In this class this year, I’m glad that I was given more time to look into forex as I have a special love for that. I definitely was helped to recall concepts that I learned in past versions of the course that I may have forgotten over the course of time. I think the main takeaway from this course for me is that a financial situation is workable and it’s never hopeless. If you’re in a tough moment financially, there is so much that you can do to try to work your way out. I learned that I can do something. That I can have an impact. I really loved taking this class each time and I feel very lucky to be here for what could potentially be the last one. Thank you Dr. Ott. 

  Monday - Week 2 of our Personal Finance J-Term Shyla Jogi      This Monday, we started the day off with a seminar about sections in Your Money or Your Life, and Why Didn't They Teach Me This In School. We had a really enlightening discussion about how to manage and invest our own money responsibly, how to track our daily and monthly expenses, and the best ways to save without sacrificing our enjoyment and fulfillment. We spent time in the morning finalizing our Game of Life, which tracks our projected financial prospects through Google Sheets. It was very enlightening and thought-provoking. We learned a lot from doing this exercise, probably more than we would have learned if we had just had a lecture on it. Having this activity be hands-on and interactive was a great way for us to learn more not only about personal finance, but about ourselves, our spending habits, and the overall way we look at money itself.      We had two guest speakers come in a...