final money matters presentation

Money Matters

$$$$$$$A Guide to Financial Wellness

Check it out!

www.oklahomamoneymatters.org

www.YouCanDealWithIt.com

www.daveramsey.com

Determine current financial situation

Develop your

financial goals

Identify alternative courses of

action

MAKE GOALS

Now… Within a Year…

More

than a year from now

Evaluate alternatives

Consider

*life situation*personal values

*economic factors

Assess*risk

*time value of money(opportunity cost)

Create and implement your financial action

plan

Review and revise the financial

plan

Determine current

financial situation

Budget

Create a budget

spending plan

Follow your budget

Track your expenses dailyWhen you spend your money on paper and on purpose each month with a written budget, you'll actually experience more freedom than before!

Before You Buy

• Do you spend without thinking?

• Before you make your next purchase---even if it is “just” a shirt---walk away for 15 minutes and think

– Do I NEED it? – How will I pay for it---cash or credit? – Where am I going to put it? – What will happen if I don’t buy it?

WASTING YOUR MONEY?Are you…

Be Tough

• Social Security at a low• Stock market is flat• Tighten your belt• Control your cash flow

• Sometimes you’re the windshield; sometimes you’re the bug.

Sound Familiar?

Eating less/Exercising more Spending less/Save more

STUFF

Save your take-out napkins and silverware.

Don’t be ashamed of grabbing a couple extra shampoos at the freshman move in desk.

Shop Smart

Cut coupons

Store brands

Fresh foods

Dollar store prices

Sale days

KEEP IT LOCAL

Check it out!

www.oklahomamoneymatters.org

www.YouCanDealWithIt.com

www.daveramsey.com

Mapping Your Future (MYF)

www.mappingyourfuture.org

National Endowment for Financial Literacy

www.smartaboutmoney.org

360 Degrees of Financial Literacy

www.360financialliteracy.org

COOK AT HOME

MAKE YOUR OWN COFFEE

BRING YOUR LUNCH

MAKE A SHOPPING LISTMAKE A SHOPPING LIST

PLANT A GARDEN

GET GROCERIES WHILE YOU ARE IN A HURRY

AVOID PERISHABLES WITHSHORT EXPIRATION DATES

BUY IN BULK

USE GROCERY BAGS AS YOURTRASH CAN LINERS

CONSOLIDATE YOUR DEBT

AVOID THE ATM FEE

PAY YOUR BILLS EARLY

BORROW YOUR BOOKSFROM THE LIBRARY

BOTTLE YOUR OWN WATER

JUST SAY NO…TO VENDING MACHINES

REGULATE YOUR ELECTRICITY

GO TO THE MATINÉE (AND SNEAK YOUR SNACKS IN)

KEEP CARE OF YOUR VEHICLE

CAR POOL

BIG THANKS!Jack Kraettli – Finance TeacherDave Ramsey – one smart cookieBetty Ferguson – Cody’s 8th grade computer science teacher

Pink Floyd – Music

Microsoft&Braum’s&Coffee