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    May 02, 2026  
American University Catalog 2025-2026 
    
American University Catalog 2025-2026

FIN-198 Financial Literacy II: Debt, Insurance, and Savings (1)


This is the second course of a three-course sequence for students to build their financial literacy. The course explains how the various forms of credit work as well as the advantages and disadvantages of different types of credit. It provides an understanding of the options for personal, medical, automobile, and real estate insurance, and shows how to develop a personal savings plan. Prerequisite: FIN-197 . Restriction: Registration not allowed in both FIN-198 and FIN-200 . Note: Students may not receive credit toward a degree for both FIN-198 and FIN-200 .