General Money Management

Slides:

Advertisements

Similar presentations

Mrs. Wilson Business Essentials. This lesson provides information about money management basics and the reports used to measure financial progress.

Advertisements

Money Management Strategies

Money Management Skills

C H P ERSONAL F INANCIAL S TATEMENTS. Goals: Explain the basics of money management. Create a personal balance sheet. Develop a personal cash flow.

Financial Statements Q&A. Name a type of Financial Statement?

Chapter 2 In-Class Notes. Personal Cash Flow Statement Record Your Income Salary, interest income, dividends Record Your Expenses Rent, living expenses,

Balance Sheets Analyzing Assets, Liabilities, & Equity.

COMMUNICATING KEY TERMS CHAPTER 3 MONEY MANAGEMENT STRATEGIES NAME TEACHER DATE NAME, TEACHER AND DATE1.

Bennie D Waller, Longwood University Personal Finance Bennie Waller Longwood University 201 High Street Farmville, VA.

What financial statement uses net income (or net loss) taken directly from the income statement?

Chapter 3 Section 3.1 and 3.2.  Money Management  Spend your money on clothes or save it?  Shopping around for better deal on mp3 player?

Chart of Accounts.

Ch Personal Finance Personal Finance. How much money will the average American earn in their working lifetime? (35 years) How much money will the.

Elements of Financial Statements. Purpose of financial statements Reporting accounting information to external decision makers.

Income Statement (“P&L”) Cash Flow Statement Balance Sheet An Introduction to Financial Statements.

Chapter 12 Budgeting.

Personal Financial Statements Chapter 12 Personal Financial Statements The Balance Sheet.

Glencoe Business and Personal FinanceCopyright © by The McGraw-Hill Companies, Inc. All rights reserved.

November 2005 Planning and Budgeting Instructor: xxxx.

2-1. McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill Companies, Inc. All rights reserved. 2 Money Management Skills.

Sports & Entertainment Marketing Mr. Bernstein Basic Measures of Business Success June 10, 2013.

Living Wi$ely Session Four Session Four Living Wi$ely.

16 Money Management and Financial Planning

Financial Statements – Balance Sheet

General Money Management

Chapter 2 Money Management Skills McGraw-Hill/Irwin

Financial Budgets Chapter 7 Slides prepared by Peter Miller

PRE-SEPARATION COUNSELOR TRAINING: GENERAL MONEY MANAGEMENT & PERSONAL SAVINGS AND INVESTMENT Elements

“I’ve got a great job and no bills. I still live at home

Understanding the role of finance in business.

Chapter 6 Work Sheet for a Service Business

6.00 Understand Financial Analysis

Financial Literacy Elements 45 & 46.

Understanding the role of finance in business.

Financial Review 2015/16.

CHAPTER 3 FINANCIAL STATEMENTS, TOOLS, AND BUDGETS

Chapter 2 Money Management Skills McGraw-Hill/Irwin

Money Management Strategy Personal Financial Statement

6.00 Understand Financial Analysis

Business and Personal Finance

Basic Financial Statements

PF 8.02 Understand personal financial planning (Unpacked Content)

Chapter 2 Money Management Skills McGraw-Hill/Irwin

45: General Money Management

Section 3.2 Personal Financial Statements

“Where Did All the Money Go?”

Chapter 3 Financial Statements

Financial Statements Review

GENERAL MONEY MANAGEMENT

إعداد القوائم المالية Preparation of Financial Statements

Fleet & Family Support Center

Family Financial Planning

General Money Management and Personal Savings and Investment

General Money Management & Personal Savings and Investment

Preparing Financial Statements

Session Two A Financial Physical

14.4 Figuring out a Net Worth statement

MAINTAINING FINANCIAL INFORMATION

GENERAL MONEY MANAGEMENT AND PERSONAL SAVINGS AND INVESTMENTS

Point 6 Financial Statements

Extending Financial Statement Information on a Work Sheet

Entrepreneurship, Continued Financial Statements

Financial Statements, Tools, and Budgets

Financial Statements.

General Money Management & Personal Savings and Investment

General Money Management & Personal Savings and Investing

General Money Management & Personal Savings and Investments

QuickBooks Accounting 101.

Chapter 4 Financial Decisions and Planning

Presentation transcript:

General Money Management Element 45

JAX/Norfolk Purpose To prepare you financially for your transition, and to help you develop a 12-month post- military budget (one of the Career Readiness Standards)

Why this is important Separating from the military with minimal debt and at least 3-6 months of living expenses in a savings account will better enable you and your loved ones to handle financial challenges of relocating and changing careers

Key Points Financial counselors and workshops at Family Support/Service Centers can help you develop: A balance sheet that lists assets, liabilities, and net worth and gives you’re a snapshot of your current financial situation A cash flow or income and expense statement that clarifies where money came from and where it went

Key Points Financial counselors and workshops at Family Support/Service Centers can help you develop: Spending plans and budgets that provide a game plan for achieving your financial goals A debt management program to help you develop spending discipline and pay off debts

Resources Financial counselors at Family Support/Service Centers militaryonesource.mil Credit report information: www.annualcreditreport.com

Resources www.inchargefoundation.org www.bbb.org/us/Military www.mint.com/ www.saveandinvest.org/military Navy Marine Corps Relief Society - http://www.nmcrs.org/

Questions?