STOP ALLOWING MONEY TO STAND YOU UP AND BREAK YOUR HEART Love Yourself, Financially.

Slides:

Advertisements

Similar presentations

VALUES The beliefs and practices in your life that are very important to you. Influences: Family Friends Work Media Self Reliance Others (boss, teacher,

Advertisements

Use specific reasons and examples to support your opinion.

Debt is when you owe someone money. The someone can be a bank (like a house loanalso known as a mortgage, or a car loan), OR the someone can be a credit.

Chapter 23.1 Use your Money Wisely

VALUES The beliefs and practices in your life that are very important to you. Influences: Family Friends Work Media Self Reliance Others (boss, teacher,

Introduction to Business & marketing

Money Management A system of planning for spending based on expected income.

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

Back to Table of Contents pp Chapter 26 How to Get and Keep Credit.

Good Debt vs. Bad Debt Middle School Financial Literacy #5.

How to Make the Most of Your Tax Refund! Robin Seemann-AFC, Director Economics, Education & Empowerment Program.

Budgeting Basics WHPE. The goals of this chapter: To give you an understanding of how common your situation is. To outline benefits and process for creating.

Financial Literacy Class 2: Net Worth and Banking.

Insert name, county, date How to Save a Dollar ….when you don’t have a dime to spare?

Financially Defined Credit is the granting of money or something else of value in exchange for a promise of future repayment.

The Financial Plan Chapter 2. Definitions You Need to Know Personal financial plan: specifying financial goals and describing in detail the spending,

Using Credit TODAY YOU WILL EXAMINE REASONS WHY PEOPLE USE CREDIT. ©2014 National Endowment for Financial Education | Lesson 2-1: Using Credit 1.

The student will explain personal money management choices in terms of income, spending, credit, saving, and investing.

1 Chapter One First Things First Ken Long New River Community College Dublin, VA 24084

Credit basics Advanced Level.

The Financial Plan © 2010 Pearson Education, Inc. All rights reserved Chapter 2.

Chapter 36 financing the business Section 36.1 Financial Analysis

Good Debt vs. Bad Debt 7 th Grade Income vs. Expenses #3.

Dealing with Debt Signs of Debt Distress Place CashCourse URL Here in Master Slide| 2 Using credit card cash advances to pay for living expenses. Having.

1 Financial Wellness Curriculum Introduction to Financial Management More information available at

Personal Finance Chapter 3 Section 3.1 and 3.2.

Credit and Banks How does credit work and what do banks do?

PERSONAL FINANCE Unit 3: Financial Responsibility and Money Management.

“Your survival guide for though times!”. Step 1: Pay Attention  Record Transactions  Check your balance  Read your statement  Take action if problems.

 Credit  Equity  Credit: the ability to borrow money in return for a promise of future repayment. Future repayment usually includes interest.

Financial Decisions and Planning. CHRIS TUCKER DORTHY HAMILL MIKE TYSON NICHOLAS CAGE.

UK 101 Money Management. Overview What is a Budget  SMART Goals  Income Received  Expenses spent  Sticking to Your Budget Saving $$$$  Tips Common.

Financial Literacy Michael Bernard, CFP, ChFC, EA.

NEFE High School Financial Planning Program Unit Two – Budgeting: Making the Most of Your Money Unit 2 - Budgeting: Making the Most of Your Money.

MONEY SENSE. FINANCIAL PLANNING 5 steps in financial planning: ◊Assessing where you are now in financial terms ◊Setting goals ◊Creating a financial plan.

Savings & Checking Accounts. Saving Basics Savings accounts provide an easily accessible place for people to store their money and to have money for emergencies.

© 2009 BALANCE The Psychology of Spending. Spending Choices Many factors impact consumer behavior These factors may lead to decisions that are not in.

Table of Contents Session 1 — Getting Started What Kind of Spender Are You? Wants vs. Needs — Creating Good Spending Habits Avoiding Budget Killers Session.

Road to Financial Maturity Saving & Budgeting. Why Money Skills Are Important  Create Independence  Set and reach goals  Enjoy living responsibly within.

PERSONAL FINANCE Financial planning for individuals. Generally, it involves analyzing your current financial position, predicting short-term and long-term.

Avoiding Financial Trouble Prince William Area Financial Education Program.

Financial Values Categories G1 © Family Economics & Financial Education – December 2005 – Enhancement Tools – Financial Values – Slide 2 Funded.

Financial Values Categories G1 Concern for Others Help your family and friends, Support causes you believe in Make the world a better place for.

The Financial Plan Chapter 2.

Warm UP 1.What is the difference between gross pay and net pay? 2.What is the difference between a deduction and a bill? 3.What is the difference between.

CREDIT 101 Top Ten Tings to Know!. Drowning in Credit Card Debt Americans are loaded with credit card debt. The average American household with at least.

MEASURING THE FINANCIAL POSITION OF A PERSON “WHO IS BETTER OFF???” Introduction to Personal Finance.

UNIT FIVE. CREDIT: BUY NOW, PAY LATER. Coming soon to a mailbox near you: Credit Card offers.

Financial Statement Basics BDI3C. Major Financial Statements  Balance Sheet Individual: Net Worth Statement  Income Statement  Cashflow Statement.

 Credit  Equity  Credit: the ability to borrow money in return for a promise of future repayment. Future repayment usually includes interest.

Credit and Debt. Answer the following on paper. 1. What do people use credit cards for? 2. Should high school students be given credit cards? Why or why.

Chapter 7 Buying Decisions Lesson 7-1 Designing a Buying Plan LEARNING OBJECTIVES: - DISCUSS THE RESULTS OF BEING FINANCIALLY RESPONSIBLE AND FINANCIALLY.

Section 1- Designing a Buying Plan CHAPTER 7.  Systematic Decision Making  The process of making choices that reflect your goals  Consider pros and.

How do you become “wealthy”? Be born into wealth (inheritance) Marry someone wealthy Do it yourself Win the lottery Get injured and win a lawsuit **Most.

Pre-test.  A. Your age  B. The length of time you have had the card  C. The amount of money you owe on your credit card  D. The terms and conditions.

Credit basics Advanced Level.

Reality Town Wrap-Up Get out your handbook. ® When finished completing the “Reality Town Experience” pages move on to the next slide. Click for next.

BUDGETS AND BALANCE SHEETS Chapter 4. OBJECTIVES Explain the steps involved in creating a budget Describe the steps involved in creating a personal balance.

Personal Finance Money Management Choices SS6E4 & SS7E4

Bell Ringer 1/20/16 Make a list of some items you would like to purchase in the next few years Take out homework. We need to go over it.

Spending and Saving Money Chapter Attitudes toward money Some people put more value on money than others Often spring from emotional needs rather.

The Financial Plan Chapter 2. ‘Your Financial Plan’ Involves your individually specific financial goals Describes spending, borrowing, and investing needed.

Credit The Good, the bad, and the ugly. CREDIT CREDIT CAN MAKE OR BREAK YOUR FUTURE PLEASE PAY ATTENTION TO THIS IMPORTANT LIFE LESSON – IT IS SERIOUSLY.

Advanced Level CREDIT BASICS G1 © Take Charge Today – August 2013– Credit Basics – Slide 2 Funded by a grant from Take Charge America, Inc. to.

Account Number Is your unique reference number in a bank?

Using Credit TODAY YOU WILL EXAMINE REASONS WHY PEOPLE USE CREDIT. 1 ©2014 National Endowment for Financial Education | Lesson 2-1: Using Credit.

Basic Banking Services

Basic Banking Services

MoneyCounts: A Financial Literacy Series

Presentation transcript:

STOP ALLOWING MONEY TO STAND YOU UP AND BREAK YOUR HEART Love Yourself, Financially

MoneyMatch What kind of money person are you? Spender Miser Hater Seeker Enjoyer Spenders make frequent purchases beyond their means; Buy things to try and make you happy; shopping connected with mood Misers fear poverty and constantly worry they do not have enough money to live; live at poverty level by choice because they fear things will get worse; do not spend money but do not invest they hoard. Haters detest money and the effect it has on people; has few material needs; does not enjoy with-in reason Seekers obsess on becoming rich; believe wealth will make them happy wealthy; usually overcompensating for something; tend to loose sight of people Enjoyers control money so it provides comfort and happiness; life is what maters, money is an accessory (can live with or without it).

ONE OF THE LONGEST RELATIONSHIPS YOU WILL HAVE TREAT IT LIKE YOU WOULD AN IMPORTANT PERSONAL RELATIONSHIP NEED TO WORK AT THE RELATIONSHIP THE RELATIONSHIP CAN BE GOOD OR BAD SEEK HELP WHEN RELATIONSHIP HITS THE ROCKS! What Kind of Relationship Do You Have With Money?

The Non Relationship Do you hate talking about money? Do you procrastinate in balancing your checkbook? You have no idea how much money you owe on your credit cards/loans You have no saving you deal with each event as it happens You allow your significant other handle all the money

The Abusive Relationship Do you skip paying one bill to pay a different bill? Has your debt lead to collection call? Do you give up necessities (medication) to pay rent? Do your overdue bills determine how your Financial Aid is spent? Do you spend even though you know you do not have enough money to cover the expense? Do you argue with family about money?

The Controlling Relationship Do you worry about being overdrawn with each purchase? Do you skip a meal to have money for something else? If your loan or refund check is delayed do you miss payments on bills? Do you register for classes based on when your next payday is? If you needed in car repairs would that result in withdrawing from school?

The Non-Committed Relationship Do you say it will work out Do you borrow the maximum amount to replace or supplement your salary? Do you accept loans without knowing the exact total amount you will have to borrow for your education? Do you feel you cannot get an education unless someone else pays the costs?

The one relationship How to build a positive relationship with your money Know the exact amount of debt you have How much money is coming into the household Plan for expenses Plan for the unexpected Take control !

Calculating Net Worth What kind of money do I have coming in and what kind of expenses do I have going out? Whats left for me?

Calculators