1. Everything you need to know….I think!
Personal Finances $$
Everything you need to know….I think!

2. 1. The Most Important Thing!

3. Fundamental rule of Personal Finance:
Spend less than you earn!
Two avenues for achieving this goal:
Keep a budget
Live within your means

4. 2. Earn More!

5. It means to keep learning new things. read a book, earn certification.
1. Get Educated.
It means to keep learning new things.
read a book, earn certification.
some way you can learn more to improve yourself.
2. More income streams.
good writer = sell a short story, artwork = sell a painting. Gamer = stream.
3. Start a side business.
blog with adds, woodworking, baking goods to farmers market.
supplement your income.

6. 4. Move towards your passions.
Passion is what makes you successful.
Whatever makes you want to do more and more and better and better - gravitate towards it.
5. Don’t burn bridges.
Never spread a negative word about anyone - relationships are strong and can be beneficial.
6. Keep in touch!
When you do build a bridge with someone, don’t let it lapse, keep the communication going.

7. 3. Live Frugal!

8. 1. Maximize every dollar.
ASK YOURSELF: is worth it?
Key to spending less = raise that definition of what a dollar is worth.
2. Habits of all kinds are dangerous.
Latte? coffee? six cans of soda?
spending $5 every day = $1,300/year. (that’s a mortgage payment for some folks)
Is this necessary, or can you replace the cost.

9. 3. The ten second rule.
stop for 10sec, ask “Do you really need this item”?
4. Don’t make yourself miserable!
When cut spending, most don’t really miss the item..
if you do regret it = probably really worthwhile!
saving money = not equate to misery!
but don’t forget the big picture.
“I want it and I have money in my account” not good enough to motivate a purchase.

10. 4. Manage Money!

11. 1. Pay off all high interest debt, such as credit cards.
interest rate of 9% or more - ASAP
2 to 3x the amount
2. Build an emergency fund.
$$ in savings account for EMERGENCIES!
based on month’s worth of living expenses (6 months expenses)
3. Max out retirement.
attend retirement seminar - how much to put away
put that much away

12. 4. College savings?
Kids? 529 college savings plan
5. Pay off all debts.
car loans, student loans, mortgage! Pay them off, and manage money.
6. Invest!
save for your retirement, future, etc.

13. 5. Control your own destiny!