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Presentation on theme: "literacy/widgets/financial-knowledge-test.html literacy/widgets/financial-knowledge-test.html."— Presentation transcript:

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3 http://www.rand.org/labor/centers/financial- literacy/widgets/financial-knowledge-test.html http://www.rand.org/labor/centers/financial- literacy/widgets/financial-knowledge-test.html Here you can take a quiz and compare your results to other citizens who has taken the quiz, nation wide

4 3.) How Do I Compare w/ Respect to Others? http://usfinancialcapability.org/financial_quiz.html Same As Question #2

5 4.)How Does Financial Literacy in the United States (or Italy) Compare w/ Respect To Other Countries? In South Carolina a key building block to financial capability is the extent to which households build savings. In South Carolina, 22% of individuals reported that over the past year, their household spent more than their income (not including the purchase of a new home, car or other big investment). Individuals who are not balancing monthly income and expenses are not saving, and thus may find themselves struggling to make ends meet.

6 5.) Why Should I Become Financially Literate? Have better understanding of financial and banking products. Control your money from being stolen, lost etc.

7 6.) Where Do I Go For Information If I Want To Improve My Financial Literacy? Library, Internet, Primary and Secondary sources. Anything or anyone that holds information for Financial Literacy.

8 7.)What if I want to have fun while I’m learning Financial Literacy? Where do I go and what do I do? http://themint.org/ http://dfi.wa.gov/financial-education/ http://www.winthemoneygame.com http://www.cfee.org

9 Anybody agree? -___-

10 8.)What do I do to Promote Financial Literacy and to become Financially Literate? Improve your Financial knowledge, obtain more experience, and do your best.

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12 9.) Who is Promoting Financial Literacy? Anybody who owns or works a business. Wanting to expand their business.

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14 10.) Are there any big programs/plans happening in Financial Literacy? Changes are often occurring whether you know it or not. Laws, policies, rules, etc. You must be prepared for any surprising changes in your economy.

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16 11.) Why is a business plan important and who should write it? It helps in any way if anything unexpected should happen in or to your business. “Expect the unexpected”.

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18 12.) How do I Determine my Start- Up costs and other expenses? Optimism is all to determine my start-up cost for a business.

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20 13.) Why is competition Important? You need something to keep you motivated. What better way to try to defeat your rival?

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22 14.) What makes a successful marketing strategy? Anything beneficial to your business.

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24 15.) Where can You or a Business owner go to receive advice or assistance W/ Your/Their Business? Business developing counsel technical assistance and online communities where owners can give and receive advise.

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