2. Starting Your Career Off Right

3. The Job Offer Take your time Salary oCheck out surveys oTalk to recruiters oScan job postings oAsk friends and associates What can you expect? Vacation and other perks

4. The Job Offer—Benefits Insurance oMedical oPrescription drug coverage oVision oDental oDisability oLife Your contributions

5. The Job Offer Company background Favorable industry Your interest Job duties Advancement opportunities Corporate culture Supervisor

6. Achieving Your Financial Goals

7. Set clear goals Resolve to spend less Create an emergency fund Make saving a priority

8. Achieving Your Financial Goals Reduce credit card debt Evaluate your insurance coverage Think taxes

9. Budgeting Gross monthly income Net income Fixed expenses Flexible expenses

10. Budgeting Discretionary expenses Total it up Increase your savings Programs like Quicken can help

11. Student Loans The sooner, the better Grace period Repayment options o10 years Budget Don’t default

12. Credit Cards Be aware of teaser rates Stick with one credit card Pay in full every month

13. Credit Cards Pay on time Avoid cash advances Protect your credit history

14. Credit Cards Don’t exceed your credit limit Review statements carefully Report lost or stolen cards immediately Protect personal information

15. Savings and Investing Start small Contribute to your retirement plan Save through payroll deduction plans Set up an automatic investment plan Round up your mortgage

16. Savings and Investing Bank your raises Keep paying off a loan Pay off your credit cards Reinvest dividends Keep track of where the money goes

17. Investing for Wealth The power of compound interest Rule of 72 72/2=36 72/6=12 72/8=9

18. Investing for Wealth Planning for wealth Make the most of a 401(K)

19. Investing in Your Future Asset Allocation o Stocks o Bonds o Cash Equivalents

20. Investing in Your Future Asset allocation is ongoing Diversification Life circumstances Investment goals, timeframe and tolerance

21. Investing in Your Future Long-Term Investments o Mutual Funds o Stock o Bonds

22. Investing in Your Future Retirement Specific Investments o 401(k) o IRA o Social Security

23. Investment Options Short-Term Investments CD Money Market Funds Savings Account

24. Protecting Your Family Through Insurance Life insurance Choosing coverage oHow much can you afford? oHow much is needed? oFor how long? oProtection or investment?

25. Term vs. Permanent Term oLargest death benefit for the dollar oAnnual renewable and level premium oReturn-of-premium

26. Term vs. Permanent Permanent oCombines a death benefit with an investment oPart of the premium is invested, building cash value oHigher premiums oWhole life, universal or variable life

27. Term vs. Permanent Whole life Universal life Variable life

28. Health Insurance Don’t go bare HMOs PPOs POS

29. Health Insurance Flexible Spending Accounts COBRA Medicare Medicaid

30. Long-Term Disability Insurance Benefit Amount Term of Benefits Elimination Period Noncancelable Guaranteed Renewables Own Occupation or Any Occupation

31. Government-sponsored Disability Benefits Workers’ Compensation Social Security Disability Veterans Benefits Federal Employees Retirement System

32. Get Tax Smart Get credit for care Make retirement plan contributions Improve your recordkeeping Plan your investment gains

33. Get Tax Smart Give away some assets Use your vacation home wisely Get advice early

34. Disaster Preparedness

35. Adapted from American Red Cross, Financial Preparations Protect Your Property Install smoke detectors Elevate utilities to upper floor Clear surrounding brush Secure objects that could fall

36. Adapted from American Red Cross, Financial Preparations Do a Thorough Home Inventory Record location of all original documents Make visual record of your possessions Record model and serial numbers

37. Adapted from American Red Cross, Financial Preparations Do a Thorough Home Inventory Photograph home exterior Make copies of receipts Get professional appraisals

38. Adapted from American Red Cross, Financial Preparations Insurance for Your Home Replacement coverage Reappraisals Replacement cost of possessions State-operated; Federally operated pools

39. Adapted from American Red Cross, Financial Preparations Insurance if You Rent Location Renter’s insurance Comparison shop

40. Adapted from American Red Cross, Financial Preparations Cash & Personal Belongings Stash some cash Emergency fund Credit card Evacuation box Safe deposit box

41. Do What You Can!

42. More on Natural Disasters Red Cross FEMA—www.fema.gov NEFE—www.nefe.org

43. Thank You!