Take Charge of Your Finances Course Introduction Take

Take Charge of Your Finances Course Introduction “Take Charge of Your Finances” Advanced Level

1. 1. G 1 What does a “good life” mean to you? What do you think of when you hear the word “well-being? ” Well-being Feeling good about one’s life © Family Economics & Financial Education –May 2012 – Take Charge of Your Finances Course Introduction – Slide 2 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 What are three things you did today that involved money in some way? • Money plays a large role in life – affects well-being • Money can create both positive and negative feelings Money Well-being © Family Economics & Financial Education –May 2012– Take Charge of Your Finances Course Introduction – Slide 3 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 What is the first word you think of when you hear the word “money? ” Do these words prompt positive and/or negative feelings? This course will help you learn how to manage your money positively Help create positive feelings about money High well -being © Family Economics & Financial Education –May 2012– Take Charge of Your Finances Course Introduction – Slide 4 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 What would you think if you were told “My decisions regarding money affect what happens to the U. S. economy? ” U. S. economy Community Individual • Your individual and community interactions affect the economy • You are also a member of a community • You have the freedom to spend your net income • Your choices affect your life today and in the future © Family Economics & Financial Education –May 2012– Take Charge of Your Finances Course Introduction – Slide 5 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 What does the statement “your present self impacts your future self” mean to you? Themes of the course What does the statement “you are better off in a community than by yourself” mean to you? You are responsible for your present self and your future self. Your present self impacts your future self. You are better off in a community than by yourself. Investment helps manage risk and allows you to cope with risk and uncertainty. © Family Economics & Financial Education –May 2012 – Take Charge of Your Finances Course Introduction – Slide 6 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 What do you believe are traits of people who manage their money well? Knowledge • Knowledge about money and personal finance • • • Skills Decision-making Self-discipline Critical-thinking Communication Other? This course will help you develop money management knowledge and skills © Family Economics & Financial Education –May 2012– Take Charge of Your Finances Course Introduction – Slide 7 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 Your Future Awaits! Learn to manage your money well High well -being © Family Economics & Financial Education –May 2012– Take Charge of Your Finances Course Introduction – Slide 8 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona

1. 1. G 1 How do you interact with money? Earning – Did you know that working at a job isn’t the only way to earn money? Receiving – Have you ever received a gift from a relative or friend? Saving and Investing – Do you know the difference between saving and investing? Spending – Did you know that spending involves a lot more than handing over money? Giving - Did you know that giving is a part of spending? © Family Economics & Financial Education –May 2012– Take Charge of Your Finances Course Introduction – Slide 9 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at the University of Arizona