Martinez, Sonia English 1301 CRN 17484 Spring 2010 Jeannine Horn.

Slides:



Advertisements
Similar presentations
“Today’s financial world is highly complex when compared with that of a generation ago. Forty years ago, a simple understanding of how to maintain a checking.
Advertisements

What is the Baby Boom? People born from 1946 to 1964 Huge increase in birth rate Cause by return of WWII Solders.
Times Series. Retire now or later 2. What problems may appear with the speeding-up of aging society ? 1. When do you plan to retire?
+ Castro, Aileen English Spring 2010 Professor Horn 5:30p.m. - 7p.m. MW Generation Debt.
Student Profile Brooklyn College Office of Institutional Planning, Research, and Assessment 2010.
Lectures in Macroeconomics- Charles W. Upton Another Old Exam Question GDP A = GDP B.
Wealth & Debt LO: To explore how people become rich and why people end up in debt.
SECTION 10-2 POPULATION AGE STRUCTURE. What is age structure? Age structure – the distribution of males and females in each age group Diagram made by.
Social Security:. Social Security: Details Social Security/Medicare – Fat Cat of federal budget Provides old age, survivors’ and disability insurance.
G1 © Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 1 Funded by.
Sweden A Welfare State Ch 4, section 3 Text pages
The Personal Life Cycle, Needs& Wants
My Financial Philosophy By: Kyle Clemency
Optional Health Care Plan H S A Q&A Fall 2013 A Qualified High Deductible Health Care Plan (QHDHCP) with a Health Savings Account (H S A)
Education, Economics, & Earnings Emily B. Hester Jesse G. Downs.
Budgets A simulation of the realities of balancing a budget.
Planning Your Retirement with Confidence. Who is a Pre-Retiree? Pre-retirees – include any full or part-time member of the workforce who does not consider.
© Family Economics & Financial Education – Revised December 2005 – Get Ready to Take Charge of Your Finances – Goals Galore! Funded by a grant from Take.
Donald Hirsch Independent consultant and writer on social policy Forget the lucky boomers A lifecycle approach to intergenerational equity.
COMENIUS PROJECT. Health insurance -medicines -dental work -vaccinations -prosthesis -transport -fertility treatments Medical costs… Belgium - Orthodontic.
Reading Reasons Tuesdays with Tiffany.
Thinking About Retirement… It Takes Commitment!. How are we, as a nation, doing? Personal savings rate, overall, is negative Bankruptcies are at an all-time.
Calculating the Dependency Ratio
*Child Care Worker*  Take care for children while their parents are away.  Teach the children.  Make sure children are safe.  Also help them play.
Economics 173A The Time Value of Money Part 3. #1 - Is this a Good Investment? If I invest $100 today and expect $ 150 in 10 years, is this better than.
Monthly Family Budget Plan Project By. Daniel Jamison, Curtis Fouse, Bryant Johnson.
Show Me the Money – Keys to Saving for A Child’s Education.
Budgeting Adult Living. What is a budget? A budget is a plan for spending and saving your money A budget includes: – Income- the amount of $ you earn.
Financial Management Jonathan Banks. 1. Get Paid What You're Worth and Spend Less Than You Earn 1. Get Paid What You're Worth and Spend Less Than You.
PERSONAL FINANCE. Rule of 72 Albert Einstein is credited with discovering the compound interest rule of 72: What is it? 72 / interest rate = # of years.
What is Fair Trade?. Learning Objectives To consider different methods of reducing global trade inequalities. To understand how the ‘Fairtrade’ organisation.
Learning Intentions Today I will: Gain an understanding of the types of benefits people can receive Understand that some benefits are not available to.
Deficit vs. Debt Deficit: how much more Government spends than it receives in tax revenue over 1- year Debt: total amount Government owes (has borrowed.
Board of Governors of the Federal Reserve System Selected Findings from the Survey of Household Economics and Decisionmaking Dave Buchholz Federal Reserve.
AIM Why is it important to invest for retirement? DO NOW What are different sources of income we can use for living expenses after retirement? INVESTING.
G1 © Family Economics & Financial Education – Revised March 2008 – Paychecks and Taxes Unit – Understanding Your Paycheck Funded by a grant from.
Should I Pay Off My Student Loans Or Invest?. From Student Loans To Jobs That Do Not Exist Asking yourself should I pay off my student loans or invest?
Financial information and advice NAFAO conference 24 th September 2014 fincap.org.uk, #fincapUK.
Your Career: Doing What Matters Most. What Do You Think? (T/F) 44% of teenagers worked last summer. Most of them worked full-time jobs (35 hours +). Teens.
Youth culture: Our future A presentation about what’s important to guarantee the financial future of today’s youth.
Paying for College A glimpse into the future WyASFAA Spring 2010 Phil Van Horn.
What Do I Do Now? “What financial planners are saying” June 1, 2009.
Average Costs.  Employers cost to pay for single coverage averages about $5800 per employee  That means for an employee who is paid 52 times per year,
By Student at Rowan  How will You Support Yourself After Retirement? ◦ Not stocks and bonds. ◦ Not your kids. ◦ Not your Saving.
Thursday May 5, 2014 Agenda Homework Present Federal Reserve Book Ideas from Books (notes) Introduction to Personal Financial Literacy  What are the three.
*Austin will create equal health care for all citizens no matter what age or how rich you are.
Brooklyn College Office of Institutional Planning, Research, and Assessment 2012.
My Past, Present, and Future By Ashley Moore. My Past I took care of people. I always wanted to be a nurse. My parents were very young. My dad did what.
MY FINANCIAL PLAN 2015 Educurious Partners--All rights reserved UNIT 3 Financial Plan 1.
Importance of Saving Income vs. Wealth.  When you hear; “The Importance of Savings” what comes to mind?  Define the difference between Income & Wealth?
Bell Ringer  Where do you see yourself in 15 years?  Be specific  Relationship status:__________________  Kids: ___________________  Pets: ___________________.
College: Is it Still a Good Idea? JOSHUA GARZA. Student Loans 75% percent of students from non profit universities graduate with student loans. 88% of.
RECAP Write down a definition of the Welfare State.
Personal Financial Literacy
Your Personal Economy Ideas for Today and Tomorrow.
The Future Of America Francis P. Wellington. Wellington’s Goals Lower taxes More jobs/ Higher wages Keep gas prices low Equal rights for men and women.
THE MILLENNIAL INVESTOR RVP AARON FISHER READING, PA October 24, 2015.
FINANCIAL PLANNING IN UNCERTAIN TIMES PRESENTED BY THE FINANCIAL EDUCATION PARTNERSHIP | (240) | A 501(C)(3)
SHOULD RETIREMENT AGE BE INCREASED OR NOT ?
YOUTH UNEMPLOYMENT IN SPAIN CAUSES, CURRENT STATUS AND FUTURE PROSPECTS Life Long Learning: A Key to employability for the disadvantaged 1 CEPER AMÉRICA.
RETURNING TO THE UK? Planning, Pensions & Pitfalls Presentation to the 1818 Society Dr Peter H Dinsdale, World Bank Retiree Steve Danson FPFS, Chartered.
How It Impacts the Standard of Living. ??????? How It Impacts the Standard of Living.
The Financial Plan Chapter 2. ‘Your Financial Plan’ Involves your individually specific financial goals Describes spending, borrowing, and investing needed.
Spending Plans “Take Charge of Your Finances” Advanced Level.
RETIREMENT INVESTMENT AND SAVINGS Economics with Mr. Sanabria 1.Lets talk retirement 2.What if you start now? 3.Writing Assignment.
So you really want to leave school at 16? A word of warning to all learners thinking they can leave education behind at 16…… David Hughes
 -COSBY--Economics-Lesson-With- Monopoly-Money -COSBY--Economics-Lesson-With-
Do Now: Goals 0 Write down one goal you have – it can be anything! (To graduate college, to make your own album, to increase your stuffed animal collection,
PAULA ROOS’S LIFE By Kayleen Woodin. Biography I was born November 18, 1963 in Helena, Montana. I lived there until I was 4 years old. At age 4 I moved.
Presentation transcript:

Martinez, Sonia English 1301 CRN Spring 2010 Jeannine Horn

Generation Debt By Anya Kamenetz Why is now a terrible time to be young?

Why is this important to me? This is important to me because many teenagers between the ages of twenty and thirty years of age have been robbed of their earnings and funds. The nation has forgotten its children, not helping students pay their education.

What is my response to it? My response is yes, I do agree with the author in supporting the students. Today’s youth are facing economic problems in jobs without pension or health care coverage. The biggest problem that we, are facing is paying for college. Financial support that has helped students is less often available with grant money and has compelled more students to take out loans.

What is the author saying? The author is saying that the time we are living in now is a very hard time in which to live. The standard pay that this generation is making is not enough to provide us with a decent standard of living.

What did I say in my typed book report ? Young Americans are being ground down by low wages, high taxes, and huge student loans, not to mention the impending retirement. Students are leaving college in debt. The majority of the college students that graduate are already in debt for around $17,600 to $23,000.