14.08.2023, 20:53
Personal Finance #5-Purchasing Strategies
Published 9/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 4.05 GB | Duration: 6h 42m
Learn best practices for making long-term, large dollar amount, purchases from a Certified Public Accountant (CPA)
What you'll learn
Buying strategies for large items
How warranties impact the purchase decision
Strategies for purchasing a car
How to make the decision to buy or lease a car
List and explain post purchase steps
Requirements
None
Description
This course will concentrate on large personal purchases, outlining buying strategies to make the best long-term purchase decisions.Human beings are great at short-term decisions, those where we can hone down our habits, training our gut so that we can trust our gut during future similar discussions.However, we are not as good at making decisions that impact multiple years into the future, in part because we do not make them as often, so we don't have the opportunity to train our gut the same way we do with short-term decisions.With long-term decisions, we need a formal decision-making process instead of trusting our habits and gut.We will not be focusing on a home purchase in this course, even though it is one of the most significant individual purchases because the home purchase is sufficiently complex to warrant its own course. However, we can apply many of the concepts we discuss here to a home purchase decision too.Learners will learn how to make purchasing decisions related to a car and large appliances. We will also discuss warranties and how they impact our significant purchase decisions.The course will cover the decision to purchase a car versus leasing a vehicle.The course will include example problems to make concepts more concrete.It will also have practice problems, including downloadable Excel Workbooks, which users may also open using Google Sheets.The Excel Workbooks will generally have at least two tabs. One tab will have the answer key so learners can deconstruct the problem. The second tab is where we work the practice problem step-by-step along with the instructional videos.
Overview
Section 1: Presentations
Lecture 1 6010 Buying Strategies For Large Items Including a Car Overview
Lecture 2 6020 Warranties
Lecture 3 6025 Large Purchase Process Like Car Overview
Lecture 4 6030 Large Purchase Process Car Lease or Buy
Lecture 5 6040 Large Purchase Process Car - Determining the Price
Lecture 6 6050 Large Purchase Process Car Post-purchase Steps
Lecture 7 6060 Large Purchase Process Car Resolving Consumer Complaints
Section 2: Problems
Lecture 8 6110 Membership Purchase Decision
Lecture 9 6120 Purchase on Credit vs Cash Decision
Lecture 10 6130 Unit Price Calculation
Lecture 11 6140 Cost of Service Contract vs Investment
Lecture 12 6150 Business with Franchise Fees Break Even Point
Lecture 13 6160 Decision to Buy Appliance Net Present Value
Lecture 14 6170 Coupon Savings Calculation
Lecture 15 6180 Car Lease vs Purchase Decisions
Lecture 16 6190 Auto Operation Cost Calculation and Projection
Lecture 17 6210 Loan Periods Impact on Payment
Section 3: Excel Problems
Lecture 18 6110 Membership Purchase Decision
Lecture 19 6120 Purchase on Credit vs Cash Decision
Lecture 20 6130 Unit Price Calculation
Lecture 21 6140 Cost of Service Contract vs Investment
Lecture 22 6150 Business with Franchise Fees Break Even Point
Lecture 23 6160 Decision to Buy Appliance Net Present Value
Lecture 24 6170 Coupon Savings Calculation
Lecture 25 6180 Car Lease vs Purchase Decisions
Lecture 26 6190 Auto Operation Cost Calculation & Projection
Lecture 27 6210 Lone Periods Impact on Payment
Individuals,Financial planners
Homepage