1. General Money Management & Personal Savings and Investment
Topic 45 & 46
Page

2. Outline How much is enough? Budgeting Budget Statements
Debt Management
Savings
Investing

4. How much money is enough?
3-6 months of living expenses
Set small goals ($500)

5. Budgeting
Can be used as a tool.
Current financial situation.

6. Budget Statements Specific Date (01 Nov) Balance Sheet
What is OwNed (Assets)
What is Owed (Liabilities)
Net worth
Specific Date (01 Nov)

8. Budget Statements Cont.
Cash Flow (Income and Expense Statement)
Specific Time Period (01 OCT to 31 OCT)

10. Debt Management
Systematic Approach
Plan based on income and expenses.
Debt must be manageable.
Discipline!!

11. Personal Savings and Investment

12. Savings and Investing
Prepare!!
Start yesterday!

13. Savings Accounts Banks and Credit Unions
Federal Deposit Insurance Corperation & National Credit Union Association
Insurance for your money
Do your homework! Compare!!
Low interest

14. Investments
Types
Bonds CD
Stocks
Mutual Funds

15. Outline How much is enough? Budgeting Budget Statements
Debt Management
Savings
Investing