learn money week 2014 presentation
TRANSCRIPT
$198 Million $1.98 Billion
$19.8 Billion $198 Billion
A B
C D
LearnMoneyWeekWELCOME!
How much is Mark Zuckerberg,the creator of Facebook worth?
Mark is the youngest self made billionaire
McDonalds
AmazonWalmart
Microsoft
A B
C D
Which of the following companies had the largest income last year?
Walmart makes more money than Norway
Jay-Z and Beyonce KnowlesJay-Z and Beyonce Knowles
David andVictoria Beckham
Angelina Jolieand Brad Pitt
Kim Kardashian and Kanye West
A B
C D
Which of the following couplesis worth $1 billion?
$160 Million$30 Million
$300,000$0 he passed away in 2009
$160 Million
A B
C D
How much money did Michael Jackson make last year?
All this money now goes to his children in the form of inheritance
There is more Monopoly money printed in a year, than real money printed throughout the world.
The amount of money in a Monopoly game is
$15,140
Why Save?
£400
£230
£30,000
£1,500
£250,000
£10,000
What is Interest?A % reward for saving,
or a % charge for borrowing
If at 12 you started saving £10 a month at home, you would have just over £2000 by the time you were 30.
If you saved it in a bank you could have over £3,500!!!
Pensionswork in a similar way
Startat 20
Start at 30
Based on average savings there is a massive difference between starting a pension at 20 and leaving it until you are 30.
If you saved £2.50 every day from the
age of 14 in a savings account with 8% interest,
you'd save £1 million by the age of
70!
Why Borrow?
£400
£30,000 £1,500
£250,000
£10,000
BorrowingWhen working out if you can afford to borrow
money always look at these 3 things
Amount How Long (term)
Interest Rate %
£1000 1 Year 9.9%
You would end up paying back £1054.43
BorrowingWhen working out if you can afford to borrow
money always look at these 3 things
£1000 1 Year 22.9%
You would end up paying back £1128.34
Amount How Long (term)
Interest Rate %
BorrowingWhen working out if you can afford to borrow
money always look at these 3 things
£1000 3 Years 9.9%
You would end up paying back £1159.93
Amount How Long (term)
Interest Rate %
BorrowingWhen working out if you can afford to borrow
money always look at these 3 things
£1000 3 Years 22.9%
You would end up paying back £1391.67
Which do you think is the best
deal?
22.9% £1391.67
9.9% £1159.93
£1000 3 Years
£1000 3 Years
Amount Term Interest rate %
£1000 1 Year 22.9% £1128.34
Total repayment
£1000 9.9% £1054.43
1 YearAmount How Long
(term)Interest Rate %
Where could you borrow money from?
BankFamily + FriendsCredit CardsCredit UnionMicrofinanceLoan Shark
Money Marathon
Roll the die and see what square you land on – follow the instructions written on the sheet.
The winner is the first person to reach the Finish Square!
What is the definition of Interest?
How much would you have to save a day to become a
millionaire?
What does the bank do with the money savers
put in?RECAP
Thank – you!
RECAP££££
facebook.com/learnmoneyweek
twitter.com/LearnMoneyWeek
www.learnmoneyweek.com