1 / 15

Money Talks: Budgeting for Life by Richard Becker

Improve your financial literacy and learn how to budget effectively for long-term success. Discover the importance of saving, investing, and setting a good example for your family. Join our presentation and take control of your financial future.

ehancock
Télécharger la présentation

Money Talks: Budgeting for Life by Richard Becker

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Money TalksBudgeting for Life Presented by Richard Becker

  2. Shortcut to financial success… • Do you live paycheck to paycheck? Yes, I work at Palm Beach State College • Should you save or invest? Yes, but I can’t until the next paycheck • How do I improve my financial literacy? Sit thru my presentation, but you might want to be reading a book on financial literacy while sitting thru my presentation • If I died today, would my family be okay? I have a WILL…a will to LIVE! • How do I set a good example for my kids? Listen and do everything you learn today at this lunch and learn…also, put the toilet seat down!

  3. What would you do if I gave you $1,000,000?

  4. I’ve got all the money I will ever need…if I die by 4 o’clock (Henny Youngman) • 90% of my salary I spend on booze and women, the other 10% I wasted (Tug McGraw)

  5. What do these famous people have in common? • Billy Joel • Willie Nelson • Usysses S. Grant • Mike Tyson • Johnny Depp • Michael Jackson • Burt Reynolds

  6. Why You Should Budget? • If you don’t know where you are going, you are likely to end up someplace else • Budgets quantify how multiple people will spend the same money • Businesses • Married Couples (What is the number one cause of divorce?) • Budgets are also necessary for individuals

  7. What is a Budget? • A PLAN on how to spend limited resources

  8. Lets look at a basic budget • Short term • Long term • Broken down in smaller pieces, most likely monthly • Paying mortgage, FPL, Car are pretty obvious • But what about the “discretionary” expenses • Food • Entertainment • Clothes • “Booze and Women”

  9. Income • Pay • Investments • Gifts • Expenses • Non discretionary • Mortgage/rent • Utilities • Car • Insurance

  10. Discretionary • Food • Entertainment • Clothes • WHAT IS MISSING? SAVINGS

  11. How to become a millionaire

  12. The best time to plant a tree was 25 years ago • The Second best time to plant a tree is NOW

  13. Happiness is not having everything, it is being content with everything you have

More Related