1 Your MONEY and YOU 2 3 What’s a BRESEE Bank???

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Presentation transcript:

1 Your MONEY and YOU

2

3 What’s a BRESEE Bank???

4 Is there a point to this? We earn points We spend points We borrow points We save points

5 POINTS ARE LIKE MONEY THE BRESEE BANK IS LIKE LIFE

6 WHY HAVE THIS CLASS? AM I GOING TO LEARN ANYTHING? EXCEPT WHAT WE NEED TO ANSWER YOUR OWN QUESTIONS

7 Why Have This Class? IN YOUR LIFE: You will earn money You will spend money You will borrow money You will invest money

8 You Get a $3,000 Gift Digital Video Camera$1,000 Laptop Computer $2,000 Two Week Vacation $2,500 Cell phone for one year$ 500 Car Repair/Accessorie$1,000 DJ Equipment$2,000 Skateboard/Rollerblade/Scooter$ 500 Entertain Yourself Designer Clothes: Gucci, Prada Spend on Others Give to Charity Save

9 What do you see? Worries about money – bankruptcy Worries about money – paying bills Worries about money – credit cards Life - Means Tough Decisions

10 $100 million - Enough? $1 billion - Enough? $25 billion - Enough? Enough for NO Worries

11 Or: Good choices – Easy life with NO worries Bad choices If you can’t have it all… Worry trouble heartaches by the score

12 THE VALUE OF THINGS How Much Money Do YOU Need to Not Have to WORRY about Money?

13 Who’s Rich? $100 Millionaire Spends House$30 million Lear Jet$23 million Bad investment$65 million Spent $118 million!!!! TRADEOFFS AND CHOICES

14 Who’s Rich? $60,000 Salary Salary $60,000 Spends $55,000 Saves $5,000 TRADEOFFS and CHOICES

15 A BUCKET Carries? Holds? Empties? Leaks? Money in a Bucket

16 How much will you put in? How much will you take out? Money in a Bucket

17 In 5 Years? In 10 Years? In 20 Years? In 30 Years? How much Will You Put In Starting Today Your Whole Life? $ 1 million? $50 million? How much?

18 What Do You Want? Answer these questions: Graduate High School? Go to College? Choose What Career? Get Married? Live in California or Where? Buy a House or Rent? Have Kids? Retire Comfortably?

19 The (SHHHH) Secret about Money your financial life in a bucket CREATING THE LIFE YOU WANT TRADEOFFS and CHOICES

20 Is Your Bucket FULL ??? OR Is Your Bucket LEAKING ??? MONEY IN YOUR LIFE

21 Back to the Bucket Earn more - your bucket gets bigger Spend less - your bucket stays full Get Smart - How do you make your decision?

22 Points are Like Money It’s All Your Choice Bad choices - spend more than you make Good choices - earn enough, spend less, borrow smart

23 G E T S M A R T Next Class EARNING MONEY!!! Filling Your Bucket