 Are your peers on budgeting? ◦ 60% Tried ◦ 37% Managed to stick to it  What is in your everyday coffee?

 Away from paper, let’s Excel!

Where do you keep the money you save? Under your mattress? A savings account? In gold coins?

Ways to hold wealth Savings Account Gold Coins Mutual Funds Individual Stocks Certificate of Deposits Treasury Bonds

Wal-Mart StockMutual Fund Initial Amount1000 Year Year

 When should you start saving for retirement?

IRA Account Tax deferred gains Early withdrawal fees Roth IRA Account Income taxed beforehand Maximum contribution Early withdrawal fees 401 (K) Tax deferred Employer matched contributions Early withdrawal fees

 $35,545  $39,613  $42,218  $50,150

 $35,545  $39,613  $42,218  $50,150

 $48,213  $50,554  $55,292  $64,500

 $48,213  $50,554  $55,292  $64,500

 $48,335  $50,000  $53,000  $85,000

 $48,335  $50,000  $53,000  $85,000

 HINT: Industry average is 49%

 MBA: ◦ 86%  MS Accounting: ◦ 89.3%

 Estimated Tuition and Living Expenses (SUNY 2020): ◦ : $20,282 ◦ : $20,582 ◦ : $20,882 ◦ : $21,182  Total Estimated Cost: $82,928  Average Student Debt upon Graduation: $13,500  You will earn back your investment in 2.3 years

 Let’s take a closer look at Syracuse University:  You will earn back your investment in 4.6 years ◦ Average starting annual salary of a Business School Undergraduate: $50,210 ◦ Estimated Tuition and Living Expenses: $57,450  Predicted to increase 3% per year ◦ Average Student Debt upon Graduation: $31,810

 Consider opportunity to have educational value  Think of the opportunities UB SOM can provide for you: ◦ Working coincide distinguished professors ◦ Networking with recruiters and other professionals ◦ Taking on and assuming leadership roles  Beta Alpha Psi as well as 19 SOM clubs with E-Board positions  Countless group projects and classroom activities