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Week 12 - Assignment: Develop a Financial Management Guide

BAE

For your signature assignment, imagine that you were hired by a non-for-profit organization to develop a financial management guide for first-time homeowners. The organization offers a variety of free financial management services to traditionally underrepresented populations, including minorities, immigrants, and special needs clients. Be sure to include the following points in your guide:

  • Identify the financial management basics when buying a home, including financial responsibility, potential risks, and distinguishing between the tighter ties of owning vs renting.

  • Discuss tips to understand the importance of financing choices, short vs long-term consequences, common mistakes, and how to make informed decisions.

  • Learn how to separate “wants” from “needs” in terms of consumerism and how to manage available resources to improve financial stability.

  • Identify free financial tools and resources geared towards special populations.

Support your guide with at least 10 references published in peer-reviewed journals during the past 7 years. Length: 7-10 pages. Your Signature Assignment should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy.


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