1. Become Captain of Your Financial Ship A Curriculum in Financial Management

2. Become the Captain of Your Financial Ship Josephine Turner, Ph.D., CFP ®, Professor Family Youth and Community Sciences, IFAS, University of Florida Mary N. Harrison, Professor, Family Youth and Community Sciences, IFAS, University of Florida

3. Become Captain of Your Financial Ship Charting the Course Charting the Course Trimming the Sails Trimming the Sails

4. Questions

5. Needs v.s. wants Needs v.s. wants Track spending Track spending  http://fycs.ifas.ufl.edu/areas/ http://fycs.ifas.ufl.edu/areas/  Money Management Calendar Calendar  Money Management Record Book Record Book

6. Questions

7. Savings Don’t use all of your resources on the first leg of your journey. Don’t use all of your resources on the first leg of your journey. Pay yourself first. Pay yourself first. Open a savings account. Open a savings account. Take advantage of tax Take advantage of tax sheltered plans when possible.

8. Questions

9. Protection Recognize risk Recognize risk  Personal  Property  Liability

10. Options to Deal with Risk Minimize Minimize Accept Accept Transfer Transfer

11. Buying Insurance Determine need Determine need  Disability  Health  Life  Property  Liability Shop for reliable company Shop for reliable company  Florida Department of Financial Services  www.fldfs.com www.fldfs.com  1-800-640-0886

12. Questions