Ben Franklin. Obligations Advantages – Disadvantages.

Slides:



Advertisements
Similar presentations
Life Insurance Chapter 12. Financial Needs Final-expense needs (upon death). Income-replacement needs. Readjustment-period needs. Debt-repayment needs.
Advertisements

The Costs and Advantages of Home Ownership Fixed-Rate Mortgages Adjustable-Rate Mortgages Closing Costs Taxes, Insurance, and Maintenance -4-2.
Commitment is never casual Wealth Management An individual runs a Risk of Premature Death Living too long Life Insurance is a product that offers a solution.
(10/05) For Agent Use Only Ultra Protector Americo Financial Life and Annuity Insurance Company Product Training.
Copyright © 2008 Pearson Education Canada 5-1 Chapter 5 Life Insurance.
Unit Home Ownership Learning Objectives: Understand the three requirements to buy a home How to calculate debt-to-income ratios Realize how home.
Life and Health Insurance
1 PowerPay Calculators & Education Center July 2009.
Introduction to Life Insurance Presented by: INSERT NAME Financial Education Program on Insurance Nationwide and the Nationwide Frame are federally registered.
LIFE INSURANCE BY BRITTANY THORNTON & MULENGA HIBBERT.
Fundamentals of Life Insurance. The economic problem of premature death.
Kailey Veras Financial Planning pd. 5. Life insurance is insurance that pays out a sum of money either on the death of the insured person or after a set.
But you do not need to! What Determines the Value of a Thing?
1 Your Life Insurance Needs. 2 The major purpose of life insurance is to provide financial security for dependents in the event of death. Here we want.
INSURANCE 2 MORE ABOUT INSURANCE Personal Finance.
Chapter 5 Types of Family.
Name, DESIGNATION Title, Company Name Date. Protection for all life’s stages.
Compute the cost of different types of life insurance. Understand advantages and disadvantages of different types of life insurance. Slide 1 OBJECTIVES.
Financially Defined Credit is the granting of money or something else of value in exchange for a promise of future repayment.
BUDGETING 101 BROUGHT TO YOU BY SFA. BUDGETING: WHAT, HOW, WHEN, AND WHY WHAT: To plan expenditures for everyday life HOW: WE WILL SHOW YOU! WHEN: Everyone.
Chapter 12 Life Insurance.
2015 ACA Seminars Presented by: Erica T. Edmond, MBA Edmond Consulting Group, LLC Phone: (678)
Financing Your Home The Process and Options Presented by Heartland Realty.
MORTGAG E INSURANCE. WHAT IS MORTGAGE INSURANCE ? Also known as mortgage guarantee and home- loan insurance It is an insurance policy which compensates.
THE ONLY THING CERTAIN IN LIFE IS THAT THE FUTURE IS ALWAYS UNCERTAIN. LIKE SAND DRIFTING THROUGH YOUR FINGERS. DON’T LET YOUR LIFE SAVINGS BE BLOWN AWAY.
Life Insurance Awareness Month. Premature Death Causes Economic Disruptions Loss of a major source of income Loss of benefits such as medical and disability.
BUDGETING. Budget Categories  Income--$$$ coming IN  Expenses--$$$ going OUT  Fixed  Flexible  Discretionary  Savings (10% of income)
T-Fit : Life Insurance Why? What am I really buying? Is it part of a larger financial plan? Do I really need life insurance?
TERM LIFE INSURANCE Prosurity of Statesboro. Are You Ready? What is Term Life Insurance?  Term Life Insurance is the most inexpensive way to provide.
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.
By Ms. Cooke.  Married or Single  Number of Children  Occupation  Salary  Spouse’s Occupation  Spouse’s Salary  Anything else you want us to know.
BUDGETING. Budget Categories  Income--$$$ coming IN  Expenses--$$$ going OUT  Fixed  Flexible  Discretionary  Savings (10% of income)
1 Secure your financial future with a Reverse Mortgage today! Broker name, logo, etc.
Exemptions are claimed on your Form 1040 Tax Return. You are allowed one exemption for yourself, one for your spouse, and one for each qualifying dependent.
Budgeting. Learning objectives To Know What a budget is Calculate a budget over three months To understand How to improve a budget Why budgeting is important.
2 You Will Know The concept of budgeting The benefits of budgeting How to use a budgeting tool.
Credit Cards Buy now pay later. Objective: Include the cost of credit in weighing the expected costs and benefits of a purchase. People who make good.
Solve this Problem. Make a plan & solve this problem Your monthly income is $1,000 Expenses + paying yourself 15% = $800 Car will need tires in 6 months.
TMK TMK Needs-Based Selling. TMK Sell Whole Life for permanent needs Sell Term Life for temporary needs Whole life vs. Term.
Developing a Spending Plan (Location) (Date). Develoing a Spending Plan What we’ll talk about today Setting Goals Identifying Income Identifying Expenses.
Personal Budget Vocabulary. Personal Budget Estimate of costs, income, and resources over a certain period of time. Step 1: Identify how much money you.
Parent Survey – May 2012 Senior Survey Confidential - Not for distribution.
Life Insurances Minnesota Life. February APRIL 2010 Questions to Consider  How many people depend on you for support?  Do you have a mortgage.
My Modest Proposal is Why pay for college Melissa McCorkle
Life Plan Project Student Name. Career Career - Education - National Average Earnings -
A Dealing with Dollar $ workshop Understanding Credit and Debt.
Bell Ringer  Where do you see yourself in 15 years?  Be specific  Relationship status:__________________  Kids: ___________________  Pets: ___________________.
Long-Term Bonds FLASHCARDS. Bond sinking fund investment A fund established to accumulate assets to pay off bonds when they mature Bond sinking fund investment.
© South-Western Educational Publishing Chapter 19 Problems with Credit Getting Unstuck Reconsidering Bankruptcy.
Life Insurance The Basics. Life Insurance: The Basics What is the one guarantee in life?
Minding the Gap Aimee Cox City of Colorado Springs Housing & Community Initiatives.
Creating a Budget for Mike and Jennifer. What is a Budget? Weighing how much you earn against how much you spend.
The Mystery of Two Families. A Mystery of Two Families The Robinsons and the Meltons are two families that earn the same income, live in the same neighborhood,
Mortgage Payment Intervals Math 11 Essentials. Times What do the following mean? Annually Monthly Weekly Bi Weekly Daily.
Aim: Money Matters: Home Ownership Course: Math Literacy Aim: How does money matter? Home ownership – the big Kahuna! Do Now:
2.4.1.G1 © Family Economics & Financial Education – December 2005 – Get Ready to Take Charge of Your Finances – Take Charge of Credit Cards Funded by a.
Chapter 6: Cash Flow Analysis Spencer Ag Business Developed by: Rick Swenson Montezuma High School Agricultural Department.
Insuring Your Life Chapter 8. Insurance Concept Protect Assets and Income.
Family “X” Monthly Budget Proposal Team Member Names Grade Day.
With the holiday rush in full swing, finishing your holiday gift buying probably ranks high on your to-do list. But what’s just as important as crossing.
Who’s got you covered? Insurance for the small business owner Presented by XX November 2007.
Sweden. Economic System Mixed Economy- A combination of free enterprise and command economies. Mixed Economy- A combination of free enterprise and command.
Life Insurance Why do people buy life insurance?
Financial Security The Compass Plan The Compass Plan.
BUDGETING.
Providing Peace of Mind…
Sole Proprietorships.
Our company is hiring, do you know anyone that could help us out?
Sole Proprietorships Chapter 8, section 1
Presentation transcript:

Ben Franklin

Obligations Advantages – Disadvantages

Your Obligation - Disadvantages

Obligations Advantages – Disadvantages Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly Premium Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly PremiumPay Final expenses Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly PremiumPay Final expenses Pay business debts Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly PremiumPay Final expenses Pay business debts Pay off mortgage Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly PremiumPay Final expenses Pay business debts Pay off mortgage Send children to college Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly PremiumPay Final expenses Pay business debts Pay off mortgage Send children to college Provide family with a monthly income Your Obligation - DisadvantagesOur Obligations - Advantages

Obligations Advantages – Disadvantages Your Monthly PremiumPay Final expenses Pay business debts Pay off mortgage Send children to college Provide family with a monthly income Peace of mind Your Obligation - DisadvantagesOur Obligations - Advantages

What Would Ben Do?