1. Funding Your Freedom

2. Agenda Introduction Budgeting in Everyday Life
Building a Wealth Portfolio
Credit as a Tool
Educational Value

3. Budgeting – cut small, save BIG!
What is in your everyday coffee?
Are your peers on budgeting?
60% Tried
37% Managed to stick to it

4. Away from paper, let’s Excel!

5. Free budgeting on the go!
Budgeting in everyday decision-making

6. Building Your Wealth Where do you keep the money you save?
Under your mattress?
A savings account?
In gold coins?

7. Building Your Wealth Ways to hold wealth Savings Account Gold Coins
Mutual Funds
Individual Stocks
Certificate of Deposits
Treasury Bonds

8. Slow and Steady Growing Savings Account CD Treasury Bond 5 Year
Initial
1000
After 5 Years
After 10 Years
Growing
Wal-Mart Stock
Mutual Fund
Initial Amount
1000
Year 5
Year 10

9. When should you start saving for retirement?

10. Savings Age You Start Saving 25 35 45 Account at age 65 $1,424,811
$623,058
$251,691

11. Types of Retirement Accounts
IRA Account
Tax deferred gains
Early withdrawal fees
Roth IRA Account
Income taxed beforehand
Maximum contribution
401 (K)
Tax deferred
Employer matched contributions

12. Credit as a Tool
Obstacles
Benefits
Potential harm
Future Implications

13. Getting Started Credit card vs. debit card
Difficulties of getting approved
Potential options
Getting Started
Credit card vs. debit card
Difficulties of getting approved
Potential options

14. Perks or Potential Headache?

15. Keeping Yourself on Track
Credit Monitoring Websites:
Minimum Balance Calculator

16. What will YOU earn with your undergraduate degree?
$35,545
$39,613
$42,218
$50,150

17. What will YOU earn with your undergraduate degree?
$35,545
$39,613
$42,218
$50,150

18. What about with an MBA?
$48,213
$50,554
$55,292
$64,500

19. What about with an MBA?
$48,213
$50,554
$55,292
$64,500

20. …MS Accounting?
$48,335
$50,000
$53,000
$85,000

21. …MS Accounting?
$48,335
$50,000
$53,000
$85,000

22. What percentage of those graduating from UB SOM will find full-time positions, in a related field, within 3 months of graduation?
HINT: Industry average is 49%

23. What percentage of those graduating from UB SOM will find full-time positions, in a related field, within 3 months of graduation?
HINT: Industry average is 49%
MBA:
86%
MS Accounting:
89.3%

24. Return on Investment: UB SOM is one of the Best in the Business
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

25. Return on Investment: UB SOM is one of the Best in the Business
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

26. Understand the true value of your Education
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