1. Personal Finance State Personal Finance Standard (Grade 11 &12) Apply PF 2.1 Execute a rational decision-making process considering alternatives and consequences. Analyze PF 2.2 Differentiate between various money management tools. Create PF 2.3 Generate a system to organize finances and maintain records By: Mary Jensen

2. Budget

3. Money Management Tools CDs Bonds Saving Account Checking Account Money Market Account Mutual Funds Stocks

4. Certificates of Deposits (CD) Holds a Fixed Amount of Money For a Fixed Amount of Time Six Months One Year Five Years In Exchange the Bank Pays Interest http://www.sec.gov/investor/pubs/certific.htm

5. Saving Accounts Maintained by Retail Financial Institutions Pays Interest on Liquid Assets Cannot be Used Directly as a Checking Account

6. Bonds Known as a fixed-income security Created for Raising Capital Essentially Loan Agreements Between Bond Issuers and investors

7. Financial Institution Allows Withdrawals Deposits Very Liquid Method Types of Withdrawals Checks Automated Cash Machines Electronic Debits Debit Visa/Mastercard

8. Money Market Account http://www.investopedia.com/terms/m/moneymarketaccount.asp

9. Mutual Funds

10. Stocks