THE BASICS OF SAVING AND INVESTING
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Transcript of THE BASICS OF SAVING AND INVESTING
THE BASICS OF SAVING AND INVESTING
LESSON 1
Lesson 1: Why People Save and Invest
Preparing for a career--college
Lesson 1: Why People Save and Invest
• Major purchase or expense• college• family• home
• Lesson 1:Why People Save And Invest
“Rainy day “ fund for emergencies
Lesson 1: Why People Save and Invest
Developing a personal financial investment plan
Lesson 1: Why People Save and Invest
Starting a savings and investment program
Lesson 2: How to Think About Making Financial Decisions
Pay yourself first
Spend it all
Or,• Spend a portion and save the rest
Problem Solving
Lesson 3: Key Concepts of Saving and Investing
Investing means taking risks.
FIVE KEYS TO INVESTMENT SUCCESS
• 1. Pay yourself first.—Make investing a habit.
FIVE KEYS TO INVESTMENT SUCCESS
Set goals that will inspire success.
FIVE KEYS TO INVESTMENT SUCCESS
Don’t take unnecessary risks.
FIVE KEYS TO INVESTMENT SUCCESSTime Value Of Money
FIVE KEYS TO INVESTMENT SUCCESS
Diversify
Diversify
Dive
rsify
Diversify