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o You Invest? Lesson Reference: Money Management, Activity 1 – Overhead 1 DO YOU SAVE? DO YOU INVEST? 3 Slide 2 Saving vs. Investing Lesson Reference: Money Management, Activity 1 – Overhead 2 SAVING VS. INVESTING Saving ? Shortterm. ? Postpones spending. ? Has safety precautions. Investing ? Longterm. ? Exchanges money for something with the future expectation of receiving a profit. ? Has risk factors. 4 TAKE A GOOD LOOK AT A PAYCHECK Slide 3 – Paycheck Lesson Reference: Money Management, Activity 1 – Handout 1 5 Slide 4 – Making a Successful Financial Plan Lesson Reference: Money Management, Activity 1 – Handout 2 MAKING A SUCCESSFUL FINANCIAL PLAN 1. Start as early as possible. 2. Set goals. 3. Include both short and longterm strategies. 4. Support the plan with a practical, working budget. 5. Review the plan on a regular schedule. 6. Do your homework while working on your plan. 7. Put the plan in writing. 6 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 Inter 7 ? Savings amp。 Investments ? Fixed Expens