nullnullActivity 1………………Saving vs. Investing
Activity 2……….….Saving for a Rainy Day
Activity 3……………………..1 + 1 = Saving
Activity 4…..Investing for the Long TermMoney Management - Activity 1Money Management - Activity 1ACTIVITY 1
Saving vs. Investing
Overview
Saving vs. investing
Information on a paycheck
Making a financial plan
Budgeting*Slide 1 - Do You Save? Do You Invest?
Lesson Reference: Money Management, Activity 1 – Overhead 1 Slide 1 - Do You Save? Do You Invest?
Lesson Reference: Money Management, Activity 1 – Overhead 1
DO YOU SAVE?
DO YOU INVEST?*Slide 2 - Saving vs. Investing
Lesson Reference: Money Management, Activity 1 – Overhead 2Slide 2 - Saving vs. Investing
Lesson Reference: Money Management, Activity 1 – Overhead 2SAVING VS. INVESTING
Saving
Short-term.
Postpones spending.
Has safety precautions.
Investing
Long-term.
Exchanges money for something with the future expectation of receiving a profit.
Has risk factors.
*Slide 3 – Paycheck
Lesson Reference: Money Management, Activity 1 – Handout 1 TAKE A GOOD LOOK AT A PAYCHECKSlide 3 – Paycheck
Lesson Reference: Money Management, Activity 1 – Handout 1 *Slide 4 – Making a Successful Financial Plan
Lesson Reference: Money Management, Activity 1 – Handout 2 Slide 4 – Making a Successful Financial Plan
Lesson Reference: Money Management, Activity 1 – Handout 2 MAKING A SUCCESSFUL
FINANCIAL PLAN
Start as early as possible.
Set goals.
Include both short- and long-term strategies.
Support the plan with a practical, working budget.
Review the plan on a regular schedule.
Do your homework while working on your plan.
Put the plan in writing.*Slide 5 - Financial Plan Assistance
Lesson Reference: Money Management, Activity 1 – Overhead 3 Slide 5 - Financial Plan Assistance
Lesson Reference: Money Management, Activity 1 – Overhead 3 FINANCIAL PLAN ASSISTANCE
Bankers
Certified Financial Planners
Schools and Courses
Peer Groups and Investment Clubs
The Media
The Internet
*Slide 6 – Building my Monthly Budget
Lesson Reference: Money Management, Activity 1 – Handout 4 Savings & Investments
Fixed Expenses
Periodic Fixed Expenses
Variable Expenses
DebtsBUILDING MY
MONTHLY BUDGETSlide 6 – Building my Monthly Budget
Lesson Reference: Money Management, Activity 1 – Handout 4 *Money Management - Activity 2Money Management - Activity 2ACTIVITY 2
Saving for a
Rainy Day
Overview
Reasons to save
Concerns and issues with saving
Where to save*Slide 1 - Saving for a Rainy Day
Lesson Reference: Money Management, Activity 2 – Overhead 1 Slide 1 - Saving for a Rainy Day
Lesson Reference: Money Management, Activity 2 – Overhead 1 SAVING FOR A RAINY DAY*Slide 2 - Reasons to Save
Lesson Reference: Money Management, Activity 2 – Overhead 2Slide 2 - Reasons to Save
Lesson Reference: Money Management, Activity 2 – Overhead 2REASONS TO SAVE
Provide for unexpected emergencies.
Purchase expensive items in the future.
Ensure retirement.
Plan for investment opportunities.
*Slide 3 – Concerns and Issues When Saving
Lesson Reference: Money Management, Activity 2 – Handout 1 Slide 3 – Concerns and Issues When Saving
Lesson Reference: Money Management, Activity 2 – Handout 1 CONCERNS AND ISSUES
WHEN SAVING
• Safety
• Restrictions
• Liquidity
• Earnings
• Taxes*Slide 4 – Places to Save
Lesson Reference: Money Management, Activity 2 – Handout 2 Slide 4 – Places to Save
Lesson Reference: Money Management, Activity 2 – Handout 2 PLACES TO SAVE
• Savings Accounts
• Money Market Accounts
• Certificates of Deposit (CDs)
• Savings Bonds
• Insurance*Slide 5 - Looking at Places to Save
Lesson Reference: Money Management, Activity 2 – Overhead 3 Slide 5 - Looking at Places to Save
Lesson Reference: Money Management, Activity 2 – Overhead 3 LOOKING AT PLACES TO SAVE
On a scale of 1 to 5 (with 1 being low and 5 being high), rate the
following places to save your money.Based on the above ratings, where would you save your money? Why?*Money Management - Activity 3Money Management - Activity 3ACTIVITY 3
1 + 1 = Saving
Overview Types of interest
The impact of saving
Savings regulations*Slide 1 - Types of Interest
Lesson Reference: Money Management, Activity 3 – Overhead 1 Slide 1 - Types of Interest
Lesson Reference: Money Management, Activity 3 – Overhead 1 TYPES OF
INTEREST
Which type of return on
your money would you
prefer?
What’s the difference?*Slide 2 – Returns on Savings
Lesson Reference: Money Management, Activity 3 – Handout 2 Slide 2 – Returns on Savings
Lesson Reference: Money Management, Activity 3 – Handout 2 IMPACT OF RETURNS ON SAVINGS
This chart shows what happens at several different rates to $100 in an account when no money is withdrawn and interest is compounded yearly.*Slide 3 - Savings Regulations
Lesson Reference: Money Management, Activity 3 – Overhead 2 Slide 3 - Savings Regulations
Lesson Reference: Money Management, Activity 3 – Overhead 2 SAVINGS REGULATIONS
Federal Government Insurance
Deposits are potentially insured up to $100,000.
FDIC (Federal Deposit Insurance Corporation)
NCUA (National Credit Union Administration)
Truth in Savings Act
Financial institutions must disclose the following
information about their consumer savings accounts:
Fees on accounts
Interest rate
General terms and conditions
Defines the year as 365 days for purposes of
determining the annual percentage rate of interest.*Money Management - Activity 4Money Management - Activity 4ACTIVITY 4
Investing for the Long Term
Overview
The Historical Performance of the S&P 500
• Reasons to Invest
• Investing Considerations
Investment Concerns
Places to Invest
• Online Money Management*Slide 1 - Savings vs. Investing
Lesson Reference: Money Management, Activity 4 – Overhead 1 Slide 1 - Savings vs. Investing
Lesson Reference: Money Management, Activity 4 – Overhead 1 SAVING vs. INVESTING
SAVING
Short-term.
Postpones spending.
Has safety precautions.
INVESTING
Long-term.
Exchanges money for something with the future expectation of receiving a profit.
Has risk factors.*Slide 2 - Saving vs. Investing, Historically
Lesson Reference: Money Management, Activity 4 – Overhead 2 Slide 2 - Saving vs. Investing, Historically
Lesson Reference: Money Management, Activity 4 – Overhead 2 SAVING VS. INVESTING, HISTORICALLY
The S&P 500 stock index has increased almost 200 percent since 1970. On average, the stock market returns 12 percent per year, including dividends.
Savings rates, by comparison, have been much lower – anywhere from 1.5% to 5%, usually depending on the length of time the savings are deposited.*Slide 3 - Places to Invest
Lesson Reference: Money Management, Activity 4 – Overhead 3Slide 3 - Places to Invest
Lesson Reference: Money Management, Activity 4 – Overhead 3PLACES TO INVEST
Stocks
Bonds
Mutual Funds
Retirement Plans
Real Estate
Collectibles/Valuables*Slide 4 – Questions to Ask
Lesson Reference: Money Management, Activity 4 – Handout 2 QUESTIONS TO ASK BEFORE
MAKING AN INVESTMENT
How safe is the investment?
What types of returns can I expect?
What kind of risk is involved?
Can I get my money back if I need it? How long will it take and how much will it cost to get it back quickly?
Are my investments in a variety of places to spread my risks (diversification)?Slide 4 – Questions to Ask
Lesson Reference: Money Management, Activity 4 – Handout 2 *Slide 5 – Internet Privacy & Security
Lesson Reference: Money Management, Activity 4 – Overhead 4 INTERNET PRIVACY & SECURITY
Avoid passwords or screen names that are easy to guess.
Change passwords often.
Read privacy policies.
Check online accounts often. Report unfamiliar transactions.
Do not open emails with unsolicited offers that sound too good to be true.Slide 5 – Internet Privacy & Security
Lesson Reference: Money Management, Activity 4 – Overhead 4 *
本文档为【花旗银行内部】,请使用软件OFFICE或WPS软件打开。作品中的文字与图均可以修改和编辑,
图片更改请在作品中右键图片并更换,文字修改请直接点击文字进行修改,也可以新增和删除文档中的内容。
该文档来自用户分享,如有侵权行为请发邮件ishare@vip.sina.com联系网站客服,我们会及时删除。
[版权声明] 本站所有资料为用户分享产生,若发现您的权利被侵害,请联系客服邮件isharekefu@iask.cn,我们尽快处理。
本作品所展示的图片、画像、字体、音乐的版权可能需版权方额外授权,请谨慎使用。
网站提供的党政主题相关内容(国旗、国徽、党徽..)目的在于配合国家政策宣传,仅限个人学习分享使用,禁止用于任何广告和商用目的。