Manage Your Finances Your First Year The Dos and Donts 1)DONT pay your bills late. When you dont pay bills on time, your credit score takes a negative.

Slides:

Advertisements

Similar presentations

The ABCs of Credit Card Finance Essential Facts for Students 2007 Carol A. Carolan, Ph.D.

Advertisements

The ABCs of Credit Card Finance Essential Facts for Students 2012 Carol A. Carolan, Ph.D.

MoneyWi$e: Good Credit Good Credit Money Wi$e –A joint financial education project of Consumer Action and Capital One.

Key to the Future Chapter 2, Lesson 1 Warm-Up Questions CPS Questions Note for teacher: Use Pick a Student button in CPS.

CREDIT Credit Cards Advantages/Disadvantages Bankruptcy.

Introduction to Business & marketing

Sponsored by Welcome COUNTRY Financial® proudly provides financial literacy education to your classroom. Financial literacy is important, no matter how.

A person or company to whom a debt is owed.

Parachute Neighborhood Watch Presentation February 9, 2010.

Presented By Drexel and FMFCU.

Plastic Money All Cards Are Not The Same!. A New Class: The Asset Poor Asset Poverty Rates by Race in the United States African AmericanHispanicNative.

Identity Theft Someone steals your personal information for his/her own gain It’s a crime!

Identity Theft consumer.gov. What is identity theft? When someone uses information about you without your permission. The information can be your: – Name.

1.3.1.G1 © Family Economics & Financial Education – Revised October 2004 – Consumer Protection Unit – Identity Theft Funded by a grant from Take Charge.

Teens 2 lesson seven understanding credit presentation slides 04/09.

Establishing Credit Presented By:. What is credit? Credit is more than a plastic card you use to buy things --- it is your financial trustworthiness.

FINANCIAL SOCCER Module 3 Credit, debit and prepaid cards Collect a quiz and worksheet from your teacher.

Financial Literacy.  Pay Now: Debit Cards  Pay Later: Credit Cards  Pay in Advance: Prepaid Cards.

Scams and Schemes. Today’s Objective I can understand what identity theft is and why it is important to guard against it, I can recognize strategies that.

BTT12OI.  Do you know someone who has been scammed? What happened?  Been tricked into sending someone else money (not who they thought they were) 

Financial Know-How for College Students Presented by Noel Brock.

DIGITAL CITIZENSHIP 6 TH – 8 TH UNIT 1 LESSON 3 SCAMS & SCHEMES What is identity theft, and how can you protect yourself from it?

A Good CREDIT Welcome to MoneyWI$E A CONSUMER ACTION AND CAPITAL ONE PARTNERSHIP Build it and keep it © 2011.

MONEY MANAGEMENT II Billing Errors/Disputes & Identity Theft.

IDENTITY THEFT What it is & how to prevent it. What is identity theft?  Identity theft happens when someone steals your personal information & uses it.

Credit Cards Adult Living. Advantages of using credit It’s convenient. You don’t have to carry large amounts of cash and you don’t have to go through.

Card A. Risk 12/ Lance L. Lancer12/12 Credit: History, Types, Dangers Chapter 10.

April 25, 2014 Entry task: What does APR stand for? What does it mean? Target: Select a credit card based on terms and conditions.

Identity Theft.  What is it?  How is it perpetrated?  Can you avoid it?  What if you become a victim?

The ABCs of Credit Card Finance Essential Facts for Students 2010 Carol A. Carolan, Ph.D.

USING CREDIT. Managing Money & Credit: A Lifelong Skill.

Dear God – I know that You are the source of all that I need to get through each day. I need to look for your wisdom and strength to make my day easier.

Banking and Credit Cards. Fees ATM Fee- charge for using ATM services from a different bank ATM Fee- charge for using ATM services from a different bank.

Unit 5 Protecting Your Money Starting on p. 59. What Do You Think? Complete the “What Do You Think?” activity on p. 60.

FUNDING YOUR FUTURE CLASS OF 2015 PART 2.  Will you need some type of post-high school education/training?  How will you pay for that education/training?

Identity theft: Real or Virtual? By: Alex Metzler.

Fifth Third Bank, Member FDIC. Eisenhower High School September 15, 2013.

Identity Theft  IDENTITY THEFT occurs when someone wrongfully acquires and uses a consumer’s personal identification, credit, or account information.

©2010 Destina Games, Inc. Financial Literacy Jeopardy $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100.

YOUR FINANCIAL FUTURE A GUIDE TO MANAGING YOUR FINANCES.

DO NOW ACTIVITY: the check below, & find the FIVE parts of the check that are WRONG! Jan 28th My sweetest little cherubs One Hundred and.

Identity Theft What is Identity Theft?  Identity theft is a serious crime. Identity theft happens when someone uses information about you without your.

SCHOOL EMPLOYEES CREDIT UNION OF WASHINGTON FINANCIAL MANAGEMENT 101 M oney t alks FINANCIAL MANAGEMENT 101 credit But Good.

What is Identity Theft? How is it accomplished? How might it impact the victim? What can I do to protect myself? What is phishing? By Ellen Justice.

Be Cautious of Identity Theft By: Sydney Langley.

Warm Up – Pick which bank you would like to deposit your money in. Give 2 reasons for picking the bank. CriteriaWells FargoA Plus FCUBank of America Savings.

SESSION 3: FINANCIAL GOAL SETTING, SPENDING, AND CREDIT TALKING POINTS on SETTING & ACHIEVING FINANCIAL GOALS FINANCIAL GOAL SETTING, SPENDING, AND CREDIT.

BTT12OI.  Do you know someone who has been scammed online? What happened?  Been tricked into sending someone else money (not who they thought they were)

By: Asfa Khan and Huda Mukhtar

Getting a Credit Card Personal Finance. Do Now:  What is credit?

Scams and Schemes Essential Question: What is identity theft, and how can you protect yourself from it?

Chapter 15 Credit. Factors to Consider Before Using Credit Chapter 15 Consumer Credit What should you know before using credit? Do you have the cash you.

Identity Theft How it happens and how to avoid it.

Identity Theft What is it, is identity theft really a problem, how can I protect myself, what do I do if my Identity is stolen.

Introduction to Bank Accounts. Questions? Why do some people choose not have a bank account? What are some advantages to having a bank account? What is.

November 20, 2015 Entry task: List two do’s and two don’ts for credit card use. Target: Identify how to use credit cards properly to establish good credit.

Establishing Credit Presented By:. Credit is more than a plastic card you use to buy things --- it is your financial trustworthiness. What is credit?

Protecting Your Assets By Preventing Identity Theft 1.

Carroll County Advisement Program FINANCIAL LITERACY *IDENTITY THEFT *MONEY MANAGEMENT.

FINANCIAL SOCCER Module 4 HOW CREDITWORTHY ARE YOU? Collect a quiz and worksheet from your teacher.

Credit and debt management. Student Learning Objective Compare and contrast the financial benefits of different products and services offered by a variety.

IDENTITY FRAUD Lesson 2-5. A Few Figures on Fraud… 1 in Americans are victims of identity fraud each year. $ Average out of pocket cost to.

TAKE CHARGE OF YOUR FINANCIAL FUTURE. 1.WHAT IS CREDIT? 2.WHY DO WE NEED CREDIT? 3.HOW DO WE GET CREDIT?

What’s a Credit Score? And how to use credit wisely.

Identity Theft It’s a crime!

WED. March 29, 2017 TODAY’S AGENDA

April 17, 2015 Entry task: What does APR stand for? What does it mean?

WHY CREDIT? Financial Unit

Tip of the Day!.

Founded in 2002, Credit Abuse Resistance Education (CARE) educates high school and college students on the responsible use of credit and other fundamentals.

Presentation transcript:

Manage Your Finances Your First Year The Dos and Donts 1)DONT pay your bills late. When you dont pay bills on time, your credit score takes a negative hit. DO: Set up reoccurring payments, text/ alerts and continue to pay even if youre on break! 2)DONT shop til you drop. Shopping today becomes one giant bill later. Plus, if you spend more money than what's in your account, youll incur overdraft fees. DO: Create a budget and then stick to it.

3)DONT avoid establishing credit. Why does building credit matter? Youll be able to rent an apartment on your own without the need for a parent to co-sign your lease. Plus, youll qualify for lower loan rates when you want to buy a car. DO: Open a low-rate Visa Student Credit Card and make payments on time. 4)DONT become a victim of the "Ostrich Syndrome. Ignoring your financial mistakes wont make them go away. DO: Reach out to your creditors if you didnt pay something or didnt receive a bill. Make sure they have your most up-to-date mailing address on file.

5)DONT: fall prey to fraud or identity theft. Every 3 seconds someones identity is stolen. College students, along with people who have social media profiles and smartphone owners, are one of the highest groups of people targeted for ID theft. DO: Protect your pin and account numbers. Be wary of personal information you post on social media platforms. Use a password to protect information on your smartphone. Always report lost or stolen cards and never respond to online, telephone or texts requesting for personal information.