 Coined money (coins)  Folding money (banknotes)  Foreign currency  Funny money.

Slides:



Advertisements
Similar presentations
Employment and inflation. Inflation Money is like everything else: the more there is of it the less value it has So if there is a lot of money in an economic.
Advertisements

Copyright, 1996 © Dale Carnegie & Associates, Inc. BANK ON IT Money Smart Course Indiana Department of Financial Institutions.
Earning Money  What is income and what are 3 possible sources?  Income is money that you have available to you to spend  3 sources: babysitting,
SESSION 2: EARNING INCOME AND PAYING TAXES TALKING POINTS on MONEY MANAGEMENT EARNING INCOME AND PAYING TAXES 1.People earn income by providing resources.
Part 6 Financing the Enterprise © 2015 McGraw-Hill Education.
Business Cycles & Banking Chapter 4. Business Cycle Period of time when the economy grows followed by a period of time when the economy shrinks.
Warmup  Why does the dollar on the left have value, while the one on the right does not?
Basic Business English. Money Coined money (coins) Folding money (banknotes) Foreign currency Funny money.
Chapter 19, Lesson 3 Saving and Investing.
The Stock Market Crash & Great Depression
Spending, Saving, & Investment UNIT 8: PERSONAL FINANCE (1)
ECONOMICS STUDY GUIDE. Investing – saving in a way that earns income Diversification – distributing funds among a variety of investments to minimize overall.
Consumers, Savers, and Investors.  Anyone who buys goods and services for personal use.
STOCKS AND BONDS Investments. Stocks – a security that is an investment in a company and represents a claim for part of that companies public assets.
Introduction to Stock Market. Common Vocabulary Common Vocabulary Stock Exchange – Place where publicly held companies are bought and sold Nasdaq – an.
Investing Bonds and Stocks. Setting Investment Goals  Investing presents opportunities for people and businesses to increase their income.  Investing.
Budgeting and Financial Planning. Budgets Budget: A plan for how a person, family, or organization will raise and spend money. Why do you think it is.
Investing and Personal Finance
Economics SS6E1a, SS6E5a, SS6E8a: Compare how traditional, command, and market economies answer the economic questions of 1 – what to produce, 2- how to.
Economics. October 24, 1929 Black Thursday Stock Investment that shows ownership.
Investing Opportunities Using Investment Opportunities as a Means to Increase Individual Wealth.
Consumers, Savers and Investors Chapter 6
 What financial sources are used to securing financing to start/operate a business? ◦ Personal Savings ◦ Bank Financing ◦ SBA Loans ◦ Venture Capital.
11 Unit 1 Why Study Money, Banking, and Financial Markets?
Financial Institutions and Banking Services
Introduction to the Financial System. In this section, you will learn:  about securities, such as stocks and bonds  the economic functions of financial.
WARMUP  Why does the dollar on the left have value, while the one on the right does not?
Investment You will not be able to work forever and saving for retirement becomes a must = financial goals must be made for financial security. Investing.
Essential Standard 1.00 Understand the role of business in the global economy. 1.
Pay Yourself First.
Fact or Fiction 1. Only rich people invest money in the stock market. Fiction: anyone that has money can invest. 2. Stocks & bonds are always risky places.
Government and the Economy Role of Government Money and Banking The Federal Reserve Government Finance.
What is Money?  Accounting Measure  Standard of Value  Legal Tender  Financial Exchange  Purchasing Power.
Essential Standard 1.00 Understand the role of business in the global economy. 1.
UNIT 4 & 5 REVIEW GAME Personal Finance & Review Business Cycle Personal Finance Economic Indicators Federal Reserve
Understand the role of business in the global economy. 1 All Images Compliments of
Modeling the Economy. Actors: 1. Consumers 2. Financial Institutions 3. Businesses 4. The Government 5. The Foreign Sector.
Chapter 11 Section 1 By: Maddie Borgman. Investing Definition: The act of redirecting resources from being consumed today so that they may create benefits.
Measuring the Economy Goals 9.01 & Why does the government need to know what the economy is doing?  The government makes decisions that affect.
2 You Will Know Major types of insured financial institutions Basic banking terms Differences between banks and check-cashing services Bank employees.
Investment, Credit, and Interest BBI2O. Recap: types of investments Investment options vary according to risk and return  Risk: how “safe” is your investment.
1 Personal Financial Planning Guide Chapter 3-6: Building Wealth through Investment Planning.
The Stock Market. What are stocks? A stock is a percentage of ownership in the company.
The W-2 Form (Wage and Tax Statement). During the prior lesson, we learned about the W-4 Form. W-4 Form: The form YOU fill out for your employer. The.
Using money wisely and effectively to meet your obligations and priorities.
FINANCE. Finance Over the next two weeks we are going to be diving into finance – Business Finance Money management, budgeting, payroll, income, banking.
Managing Your Money Chapter 23.
CHAPTER 6 SAVING AND INVESTING. LEARNING OBJECTIVE I understand how the entire community benefits when I put money in a savings account.
 Start with a specific measurable goal ◦ Save $ to open an IRA  Pay Yourself First ◦ Set up a direct deposit to a personal club account. ◦ Open.
Where do I keep my money?.  Financial Institution – Organization that channels savings to investors.  How does it work? ◦ You deposit money ◦ You get.
Spending, Saving, and Investing. Rational Decisions and Financial Planning Economist assume that, given enough information, most people are rational and.
Georgia Studies Unit 9: Personal Finance Lesson 1: Personal Finance
Business and Marketing Accounting and Finance Unit VOCABULARY.
Savings and Investing Personal Finance Unit 3. Savings Accounts A.Regular Savings Account (Passbook) 1.May be a minimum deposit required to open ($100)
Chapter 11 Financial Markets.
Understanding your Paycheck. What information in on a pay stub? Gross wages- how much you earn before taxes and other deductions Net wages- amount left.
+ Review: What are some costs and benefits of increase the minimum wage.
HOW DO YOU MAKE YOUR MONEY WORK FOR YOU? INVESTING.
Ch. 11Financial Markets MASON EDUCATION. Table of Contents 1.Bell Journals 2.Warren Buffet Profile 3.Ch. 11 Breakdown 4.Ch. 11 Vocab 5.Big Charts Headline.
Balance of Payments. What is it?  A record of all financial dealings between economic agents of one country and the rest of the world.
Objective 1.02 Understand economic conditions 1 Understand the role of business in the global economy.
Account Number Is your unique reference number in a bank?
1 Chapter 1 Money, Banking, and Financial Markets --An Overview © Thomson/South-Western 2006.
Investing in America Aim: How do Americans invest their money? ERHSMr. Graboski.
Investments First rule: Pay yourself first through saving. What is compound vs. simple interest? Second rule: As you acquire wealth and income learn to.
Investments First rule: Pay yourself first through saving.
MANAGING THE ECONOMY AND THE FED
MESLEKİ İNGİLİZCE KISIM-8.
Chapter 11 Financial Markets.
$$$ Management What is the difference between credit & debit?
Presentation transcript:

 Coined money (coins)  Folding money (banknotes)  Foreign currency  Funny money

 Money spinner  Money bag  Money laundering  Hot money  Smart money  Seed money

 What is the difference between lending money and borrowing money?

lend – posuditi nekomu borrow – posuditi od nekoga  Can I ___________ some money from you?  Are you joking? I _________ you some money last week!

You can… earn inherit save raise  money

Earn - zaraditi Inherit - naslijediti Save – uštedjeti Raise - prikupiti

 What is the difference between:  Salary  Pay  Wages  Fee  Income  Damages  Reward  Scholarship

 Bill  Fine  Toll  Tax  Tuition fee  Contributions

 fine, fee, bill, charges, damages, salary, wages, income, check  There will be an increase in postal and telephone ________.  Have you seen our telephone _______ this month?  John got $2,000 in _________ from the bus company he had sued.  He waved to the waiter to get the _____.  She paid a $1,000 _____ for _____ tax evasion.  There is a difference in ______ between a manager and an employee.  My lawyer’s __________ was higher than I expected.  He lives on occasional daily ___________.

 There will be an increase in postal and telephone CHARGES.  Have you seen our telephone BILL this month?  John got $2,000 in DAMAGES from the bus company he had sued.  He waved to the waiter to get the CHECK.  She paid a $1,000 FINE for INCOME tax evasion.  There is a difference in SALARY between a manager and an employee.  My lawyer’s FEE was higher than I expected.  He lives on occasional daily WAGES.

 What is the difference between:  Account  Bill  Invoice  Receipt

 Current account – tekući račun  Joint account – zajednički račun  Foreign-exchange (currency) account – devizni račun  Transfer account – žiro račun

 From the Constitution:  Every employee has the right to fair remuneration.  Can you guess the meaning of the word remuneration?

 job, business, vocation, profession, work, labour  I would like my son to take over the ___________ when I retire.  After school, I got a ________ in a bank.  He was sentenced to three years of hard ________.  He is the best there is in the medical _________.  I finish _______ at 4.  I always knew nursing was my _____________.

 I would like my son to take over the BUSINESS when I retire.  After school, I got a JOB in a bank.  He was sentenced to three years of hard LABOUR.  He is the best there is in the medical PROFESSION.  I finish WORK at 4.  I always knew nursing was my VOCATION.

 Company shares are listed or quoted on the S_________ market or E__________.  A person who owns shares in a company is called a S________________.  If you want to buy or sell shares, you need the services of a B_________ (D________).

 Company shares are listed or quoted on the STOCK market or EXCHANGE.  A person who owns shares in a company is called a SHAREHOLDER.  If you want to buy or sell shares, you need the services of a BROKER (DEALER).

 When prices reach record levels reflecting high economic G___________, we talk about a B__________ on the stock market.  A period with little or negative growth is a R____________ (or a S_________).

 When prices reach record levels reflecting high economic GROWTH, we talk about a BOOM on the stock market.  A period with little or negative growth is a RECESSION (or a SLUMP).

 GDP - Gross domestic product  The total value of all the goods it has produced and the service it had provided in a particular year.

 The activities of managing companies and starting new ones is called E_____________. The people involved in it are E_________________.  Unsuccessful companies may go out of business or B______________.

 The activities of managing companies and starting new ones is called ENTERPRISE. The people involved in it are ENTREPRENEURS.  Unsuccessful companies may go out of business or BANKRUPT.

 When a government or comany borows money from investors, the certificates it issues to them are called B__________.  If you pledge something as a S____________ for a loan, you promise to give it to the person who lends you money if you fail to pay it back.

 When a government or comany borows money from investors, the certificates it issues to them are called BONDS.  If you pledge something as a SECURITY for a loan, you promise to give it to the person who lends you money if you fail to pay it back.

 The financial district of London is The C______, which corresponds to W_______ ________ in New York.

 The financial district of London is The CITY, which corresponds to WALL STREET in New York.