2. The responsibility of financial future Created by: Jacob Garber (30260) Instructor: Natalia Fofanova University of Houston Jacob Garber

3. President of Bennett and Garber- My household! I do all the budgeting and planning for our household! I’m a college student studying Psychology, Economics, and Marketing. I like schedules, budgets, and stability! Jacob Garber Jacob Garber: President of Bennett and Garber

4. Money, money, money! Money is essential in today’s society. Why? How? Money pays for gas, the car bill, groceries, a roof over your head. The economy runs on money being spent by the consumers, whether it may be a penny or thousands of dollars. Jacob Garber

5. What Does The Typical American Spend Money On? Rent/Mortgage Car Payment Cell Phone Bill Car Insurance Groceries Gas Utilities Back button Jacob Garber

6. How does Basic Math Help? You may wonder why there’s a slide about math. Math is essential to keeping a budget and figuring where the money is going. Example: Car payment is $300.49, Utilities are total of $ 930.31, and Rent is $850. You would have to add it all up to get the grand total of $2080.80. Math is important to keep your finances in order! Click to play Jacob Garber

7. Ben S. Bernanke Chairman of Federal Reserve System Speaks about finances and money Click to play Back button Jacob Garber

8. How Important Managing Money is? What kind of a life could you have if you manage your money or if you didn’t manage your money? Lack of Money for repairs to disasters can cause your home to be like this. Managing your money well can get you a home like this. Jacob Garber

9. So Let’s talk about Budget How important is a budget? Very! You may want to have a budget that leaves flexibility, for instance, a up coming new car payment, or a increase in rent/mortgage payment. Back button Top: A new Jeep Below: My home in a subdivision Jacob Garber

10. Budgeting can get you a great place! My budgeting skills managed to get us a new jeep, a great home on the golf course and able to live a good life. Jacob Garber

11. Complete Required Forms W4 Employee data card Jacob Garber

12. Salary Levels Jacob Garber

13. Insurance Select medical plan Life insurance options Seminars Jacob Garber

14. Department Schedule Shift Schedule Training Schedule Jacob Garber

15. Example of How to Budget Rent/ Mortgage Utilities/ Food Other Expenses Rent/Mortgage would be a chunk of your paycheck Utilities, Food, Gas, Insurance, and other bills such as Car payments would be another portion of your paycheck. Other expenses include trips, educational fees, clothing, eating out, and more. Jacob Garber Back Button

16. Credits Special thanks to http://dallasfed.org/ca/wealth/index.cfm for the video and information about financial planning. http://dallasfed.org/ca/wealth/index.cfm http://donnahoodrealtor.com/yahoo_site_admin /assets/images/153_cypress_texas_new_homes_ 1.61205338.jpg for the Nice home photo http://donnahoodrealtor.com/yahoo_site_admin /assets/images/153_cypress_texas_new_homes_ 1.61205338.jpg http://gliving.com/wp- content/uploads/2009/01/los-angeles-low- income-housing-crisis.jpg for the home in need of TLC. http://gliving.com/wp- content/uploads/2009/01/los-angeles-low- income-housing-crisis.jpg Jacob Garber

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