AICPA 360 Degrees of Financial Literacy Financial Literacy Primer Gary John Previts Weatherhead School CASE WESTERN RESERVE AICPA Financial Literacy Commission.

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Presentation transcript:

AICPA 360 Degrees of Financial Literacy Financial Literacy Primer Gary John Previts Weatherhead School CASE WESTERN RESERVE AICPA Financial Literacy Commission

Financial Literacy Primer TARGET YOUR MONEY Budgeting Student Loans Credit Cards Automobiles Travel Resources

Budgeting - Protect your investment - Pay Yourself First - “Live within your means” - Set a Plan and Goals - Reasonable Time Frame - Adjust behavior - Rewards: Plus and Minus

Target Your Money - There is no better security than money in the Bank! - Take Home Pay – Wage Wealth

Student Loans - Discipline - Payoff - Base for Credit Rating - Loans and Tax Deductions

The Book on Credit Cards - Take Two, Use One! - Living a 12 month year - Keep a watchful eye

Automobiles - You get a lot of first hand knowledge from second hand cars! - Anything short of a chauffeured limousine is just an ego trip. - Safety - Lower the cost per mile

Travel - Affordable Investment? - Social not just Technical - Passport or Local? - Earn it -- Enjoy it

Resources - AICPA 360 Degrees Website - Mark Altieri—on line book Financial Guidance for Every American + Financial+Guidance+Book/

AD Council - AICPA October 24 th Launch of Campaign Lifestyle of Saving PAY YOURSELF FIRST

AICPA 360 Degrees of Financial Literacy

Financial Literacy Primer Gary John Previts Weatherhead School CASE WESTERN RESERVE AICPA Financial Literacy Commission

Take Away