Personal Finance #5-Purchasing Strategies

Learn best practices for making long-term, large dollar amount, purchases from a Certified Public Accountant (CPA)

4.75 (2 reviews)
Udemy
platform
English
language
Money Management Tools
category
Personal Finance #5-Purchasing Strategies
4,458
students
6.5 hours
content
Sep 2022
last update
$84.99
regular price

What you will 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

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.

Content

Presentations

6010 Buying Strategies For Large Items Including a Car Overview
6020 Warranties
6025 Large Purchase Process Like Car Overview
6030 Large Purchase Process Car – Lease or Buy
6040 Large Purchase Process Car - Determining the Price
6050 Large Purchase Process Car – Post-purchase Steps
6060 Large Purchase Process Car – Resolving Consumer Complaints

Problems

6110 Membership Purchase Decision
6120 Purchase on Credit vs Cash Decision
6130 Unit Price Calculation
6140 Cost of Service Contract vs Investment
6150 Business with Franchise Fees Break Even Point
6160 Decision to Buy Appliance Net Present Value
6170 Coupon Savings Calculation
6180 Car Lease vs Purchase Decisions
6190 Auto Operation Cost Calculation and Projection
6210 Loan Periods Impact on Payment

Excel Problems

6110 Membership Purchase Decision
6120 Purchase on Credit vs Cash Decision
6130 Unit Price Calculation
6140 Cost of Service Contract vs Investment
6150 Business with Franchise Fees Break Even Point
6160 Decision to Buy Appliance Net Present Value
6170 Coupon Savings Calculation
6180 Car Lease vs Purchase Decisions
6190 Auto Operation Cost Calculation & Projection
6210 Lone Periods Impact on Payment

Coupons

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9/14/2022100% OFF
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Related Topics

4865436
udemy ID
9/4/2022
course created date
9/14/2022
course indexed date
Angelcrc Seven
course submited by