1. PERSONAL FINANCE LITERACY HANDSONBANKING.ORG Know how your money works!

2. What is Personal Finance Literacy?  Personal  Finance  Literacy

3. Key Concepts

4.  ATM  budget  compound interest  currency  income  money cycle  mutual fund

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12. Definitions automated teller machine interest that is paid not only on the principal amount, but also on the earned interest a plan for using your money stocks from many different companies that are purchased and managed together cash and coins the way money moves from hand to hand the money an individual makes or earns

13. Key Concepts income ATM Compound Interest Budget Currency Mutual FundMoney Cycle

14. Vocabulary and Definitions WordsDefinitions ATMautomated teller machine budgeta plan for using your money compound interestinterest that is paid not only on the principal amount, but also on the earned interest currencycash and coins incomethe money an individual makes or earns money cyclethe way money moves from hand to hand mutual fundstocks from many different companies that are purchased and managed together

15. You And Your Money (1) LessonNote Introduction What Money Is and Where it Comes From Countries have their own currency, and money brings communities together. How Money Moves Through the Economy Money goes through banks, to people, to businesses, and back to banks again. Banks and YouBanks keep your money safe, and they offer savings accounts, checking accounts, and investment accounts. Getting to Your Money in the Bank There are many ways to access the bank; banks, phones, ATM, internet, etc. Value and Comparing Value Think of what you want most, based on its price and its value. Boosting Your Earning Power Education and skills will get you a long way financially. ConclusionMoney is important for purchasing items, and saving money is rewarding, and banks should be used as a tool.

16. Budgeting (1) LessonNote IntroductionYou need a budget to plan your spending. Alex’s BudgetBudgeting can help you get a lot of money over a long period of time. Types of Expenses Your budget is a general plan. Fixed (mortgage), Flexible (groceries), Discretionary (entertainment) A Budget for a Family of Four If you don’t know how to budget, you’re not going to do well. You need to know math (percentages and decimals). Build Your Own Budget Tips for Sticking With Your Budget Working With a Budget

17. You And Your Money (2) LessonNote Introduction What Money Is and Where it Comes From Countries have their own currency, and money brings communities together. How Money Moves Through the Economy Money goes through banks, to people, to businesses, and back to banks again. Banks and YouBanks keep your money safe, and they offer savings accounts, checking accounts, and investment accounts. Getting to Your Money in the Bank There are many ways to access the bank; banks, phones, ATM, internet, etc. Value and Comparing Value Think of what you want most, based on its price and its value. Boosting Your Earning Power Education and skills will get you a long way financially. ConclusionMoney is important for purchasing items, and saving money is rewarding, and banks should be used as a tool.

18. Budgeting (2) LessonNote IntroductionA budget can help you save money for big purchases. Alex’s BudgetMoney for a budget comes from jobs and chores. He uses a budget to manage his money. Types of Expenses Fixed (mortgage), Flexible (groceries), Discretionary (toys) A Budget for a Family of Four You need to save up a certain fraction or percent of money for certain things. Build Your Own Budget A budget helps you manage your own money in your own way. You shouldn’t spend more than you earn. Tips for Sticking With Your Budget Always be thinking of your budget while shopping, and try to have a “cushion,” just in case. Working With a Budget

19. You And Your Money (3) LessonNote Introduction What Money Is and Where it Comes From Money is the key to people, products, and services. Money comes from the US Treasury. How Money Moves Through the Economy Money recycles. It travels in kind of a circle, between banks, individuals, and businesses. Banks and YouBanks do many different things to help (checking, savings, investments). Getting to Your Money in the Bank There are a lot of ways to get to your money; banks, ATM, phones, internet. Value and Comparing Value Value is determined by people, but also by prices. Value can help you make decisions about your spending. Boosting Your Earning Power If you get an education and have more skills, you will likely make more money. ConclusionMoney makes a lot of things possible.

20. Budgeting (3) LessonNote Introduction Alex’s Budget Types of Expenses A Budget for a Family of Four Build Your Own Budget Tips for Sticking With Your Budget Working With a Budget

21. You And Your Money (4) LessonNote Introduction What Money Is and Where it Comes From “Money is the glue that binds the products, services, and the people in our economy.” Money comes from the US Treasury. How Money Moves Through the Economy Money is made in the Treasury, and goes through banks, people, businesses, and back to banks. Banks and You Banks use accounts, checks, investments, loans, and credit cards to help you on your economic adventure. Getting to Your Money in the Bank You can manage your money 24/7, over the phone, online, at an ATM, or at the bank. Value and Comparing Value Find things that have value to you, and try to find the best deals. Boosting Your Earning Power Education is important. The education you have can determine how much money you can make. Conclusion Banks, money flow, and education are important for you and your money.

22. Budgeting (4) LessonNote IntroductionYou can use a budget to reach your financial goals, by planning. Alex’s Budget Budgeting can help you save for the future, as long as you don’t spend as much as you earn. Types of Expenses A Budget for a Family of Four Build Your Own Budget Tips for Sticking With Your Budget Working With a Budget

23. You and Your Money (5) LessonNote IntroductionCurrency and value are important concepts of money. What Money Is and Where it Comes From Money is important all around the world, for the economy. It comes from US Treasury. How Money Moves Through the Economy It’s a cycle that moves from the bank, to people, to businesses, and then back to the bank. Banks and YouBanks give lots of things to help you with your money, like credit cards and loans. Getting to Your Money in the Bank Banks give you access to your money; ATM, phone, banks, internet Value and Comparing Value Value is something that means a lot to you. Compare prices to get better deals on what you want. Boosting Your Earning Power People with higher education and more skills generally get paid more. ConclusionUsing the bank as a tool helps you control manage your money.

24. Budgeting (5) LessonNote IntroductionIt helps you meet your financial goals, by helping you plan your spending. Alex’s BudgetBudgets help you try not to spend more than you earn every month. Types of Expenses A Budget for a Family of Four Build Your Own Budget Tips for Sticking With Your Budget Working With a Budget