Financial Management Jonathan Banks. 1. Get Paid What You're Worth and Spend Less Than You Earn 1. Get Paid What You're Worth and Spend Less Than You.

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Presentation transcript:

Financial Management Jonathan Banks

1. Get Paid What You're Worth and Spend Less Than You Earn 1. Get Paid What You're Worth and Spend Less Than You Earn 2. Stick to a Budget 3. Pay Off Credit Card Debt 3. Pay Off Credit Card Debt 4. Contribute to a Retirement Plan 4. Contribute to a Retirement Plan 5. Have a Savings Plan 5. Have a Savings Plan 6. Invest! 6. Invest! 7. Maximize Your Employment Benefits 7. Maximize Your Employment Benefits 8. Review Your Insurance Coverages 8. Review Your Insurance Coverages 9. Update Your Will 9. Update Your Will 10. Keep Good Records 10. Keep Good Records Top Ten Financial Tips

Money Mistakes Made By College Students Credit cards Credit cards Student Loans Student Loans Credit Score Credit Score Not Budgeting Not Budgeting College Expenses College Expenses

Credit Cards Builds Credit if used right. Builds Credit if used right. Low Interest Rates Low Interest Rates Immediately pay off credit card debt. Immediately pay off credit card debt.

Student Loans Should only be used to pay for your education. Should only be used to pay for your education. Materialistic items should be purchased by other means of income. Materialistic items should be purchased by other means of income.

Credit Score Long-Term Debt Long-Term Debt Acquiring a Loan Acquiring a Loan

Budgeting A tool that helps build financial security. A tool that helps build financial security. It’s for your benefit. It’s for your benefit.