C1

C2 The Center of all Financial Decisions  Check in wherever you are

C3 Good Record Keeping  Good record keeping starts with accurate checks and balances  Balance your checkbook!  When possible, review your accounts daily

C4

C5 The Online Statement  Balance the online statement against the check register

D1

D2 Strategies for Saving  Why save  In case of an emergency  To take advantage of opportunities  To reach financial goals  Pay yourself first  Save to reach goals  From each paycheck: save first, spend second  Deposit change and “found” money monthly = bonus savings

B1 Money for the future!

B2 Things To Consider For Investment Accounts  Time – short-term or long-term Vacation, College Education, New Car  Income – how much money do you have to save Income, Debts, Taxes, Emergencies

B3 Types of Investments  Stocks – easy to access with higher risk of loss (no set time)  CDs – hard to access with low risk of loss (set time for withdrawal)  Bonds – hard to access with low risk of loss (set time for withdrawal)

Stocks  Stocks – Share of ownership in an organization  Why Stocks?  Dividend Payments – share of the organization’s profit  Capital Gains – selling the stock at a higher price than the purchase price  Risk – no guarantee of profit

B4 CDs  CD – Certificate of Deposit  Commit funds for a certain length of time  Low risk – the money will be withdrawn with a set amount of interest  Problems:  Inflation – the general rise in prices (the money may not be enough when the time is up  Access – money can’t be withdrawn early without a fee

B5 Bonds  Bonds – Accounts backed by the US Government  Commit funds for a certain length of time  Low risk – the government backs the funds  Problems:  Inflation – the general rise in prices (the money may not be enough when the time is up)  Access – money can’t be withdrawn early