Business 8 Finance: Money & Banking Who Am I. Mr. Vatougios.

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Presentation transcript:

Business 8 Finance: Money & Banking Who Am I

Mr. Vatougios

What I Expect  Respect. For all people, students & teachers.  Be on time, get a late slip from the office.  Not to go to the bathroom every 5 min Rule. The first 20 & last 20 of class you can’t go.

For Notes You can find my notes at UBC Blogs under my name: Mr Vatougios atougios/ I don’t want you to copy down my notes in class, but I do want you to learn how to add to your thoughts to my notes. Add your notes to the bottom box on the ppt screen

Business 8 Marketing: Advertising Keyboarding Tip of the Day Wrists

There are very few jobs anymore that do not require computer skills and typing. Wrist Injuries are becoming common

 Continue on with All the Right Type (ART) for 5 minutes today Keyboarding Activity

Business 8 Finance: Money & Banking Introduction to Concepts

Business Areas Entrepreneurship Economics Marketing Business Communication Keyboarding and Finance

Definition Finance  Deals with the management, creation and study of money.  In short, everything (every aspect) to do with money

Finance Includes many Areas of Business. We will be looking at:  Banks & Banking  Accounting  Money & Money Management  Investing

The 9 Keys to Financial Success  Budget  Instincts  Responsibility  Planning  Emergency Cash Fund  Diversify  Risk  Debt  Start small, but start now

Budget Plan your income & expenses Spend less than you earn Trust Your Instincts Know a good deal from bad one Recognize fraud and con artists Be Responsible Manage your money Keep track of everything (record)

Plan Ahead Start investing in your future Don’t just live for today! Think about what will be good tomorrow Emergency Cash Fund Start saving a little Everybody has a rainy day Diversify Don’t put all your eggs in one basket Spread out your wealth ($)

Risk Tolerance A little risk can be good Risk pays well, but safe always pays Debt Be careful borrowing money Interest adds up quickly  owe a lot Start small, but start now Nobody has 1,000,000 to invest, but A penny today will be 100 tomorrow

Carousel Activity 5 stations with markers & poster paper. Each station has 1 Theme Write down your thoughts and share ideas on the themes as they apply to business, marketing and advertising (5 major themes): 1.Finance 2.Banks & Banking 3.Accounting 4.Money &Money Management 5.Investing

Scavenger Hunt You guys are now the teachers. You will go back to your computers and research your topic. You will try to find out something new, different or interesting about your topic and then share your ideas with the class Try to find at least 3 things to share

Class Discussion  Time to report out and tell us what you learned

Exit Slip 1.Write about something new that you did not know about before today. 2.Summarize something that we talked about in class that you feel quite comfortable about. 3.What are your strengths and weaknesses (school and business).

Class Notes You can find my notes at UBC Blogs under my name: Mr Vatougios