Financial Education Class 7 & 8

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Presentation transcript:

Financial Education Class 7 & 8 Slide 1 : Cashflow The goal of today’s financial class is to learn about the word cash flow. What does it mean? Financial Education Class 7 & 8

WRITE DOWN IN THE PPT TEMPLATE YOUR KEY LEARNINGS ! Let’s Work ! TAKE YOUR BOOK READ CHAPTER 3 & 4 WRITE DOWN IN THE PPT TEMPLATE YOUR KEY LEARNINGS ! Let’s Work ! Read the first two chapters of your book and write down your key learnings and financial goals in the powerpoint template.

Review Chapter 3 Budget Let’s see what …you learned from Chapter 3. Slide 1 :

Review Chapter 3 Budget Let’s see what …you learned from Chapter 3. Slide 1 : What ALWAYS PUT MONEY ASIDE BEFORE SPENDING IT ! MAKE SURE YOU CAN NOT SEE IT !

Allowance from parents Money for household tasks Review Chapter 4 5 Ways to get money when you are young…. Allowance from parents Money gifts Slide 1 : Earn money from your investments Money for household tasks Borrow money

Financial Education Class Kids Slides Slide 1 : Cashflow The goal of today’s financial class is to learn about the word cash flow. What does it mean? Financial Education Class Kids Slides

WRITE DOWN IN THE PPT TEMPLATE YOUR KEY LEARNINGS ! Let’s Work ! TAKE YOUR BOOK READ CHAPTER 7 & 9 WRITE DOWN IN THE PPT TEMPLATE YOUR KEY LEARNINGS ! Let’s Work ! Read the first two chapters of your book and write down your key learnings and financial goals in the powerpoint template.

Chapter 3 : Make a Budget Write down Key Learnings from Chapter 3 A budget will help you reach your financial goals. If your budget is blown, you need to either increase income, decrease expenses or do a little of both. To meet your savings goals, PYF(Pay Yourself First). Slide 2 :

Chapter 4 : 5 Ways to Make Money Online Write down Key Learnings from Chapter 4 There are five ways to make money: allowance, work, gifts, loans, and interest on investments. To earn 1 million, you have to start small-set a goal of making 100 Don't steal it. Ever. Making 1 million is impossible if you're behind bars. Slide 2 :

Chapter 7 : Save, Save, Save ! Write down Key Learnings from Chapter 7 Open a savings account and make regular deposits, and save, save, save. Think about not spending money. Know the difference between wants and needs. If you spend you have to think how that money can come back to you

Chapter 9 : Investing All investments come with risks. Write down Key Learnings from Chapter 9 All investments come with risks. Diversify to spread the risk. Only invest money you can afford to lose Slide 2 :

KEEP ON LEARNING EVERY DAY…