Dream Big: Money and Goals. Do Now What is a Bucket List? It is a list of things that one wishes to accomplish in life, like climbing Mt. Everest or writing.

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Presentation transcript:

Dream Big: Money and Goals

Do Now What is a Bucket List? It is a list of things that one wishes to accomplish in life, like climbing Mt. Everest or writing a novel. Take 5 minutes and…Write your own bucket list

Discussion Discuss you list with the class…I’ll go first!! Discuss the financial aspect of your lists as well and what they have in common… Which goals can be reached the fastest and why? Sort them into categories; Short term (less than six months), Medium term (less than a years), Long term (Longer than a year)…Explain!

Identifying Financial Goals What are some factors that go into categorizing short, medium and long term goals. Understand that goals maybe categorized by the life stages, when they will likely be accomplished and by the amount of money required! (goals with less money might take less time) Let choose 1 specific financial goal and look at the steps it might take to achieve (ex. Saving allowance, gifts, salary, and responsible spending)…

Show me the Money: Reaching your goals You will have the next 20 minutes to complete this activity worksheet… Begin… Volunteers to share/Group Discussion

Reflection Reflect on your savings goal. What additional steps should you take to reach your goals? Are there other goals that you want to work towards? How do you think your current goal setting effort will affect your future financial life?