1 / 17

Alabama Jump$tart

Alabama Jump$tart. April 2007 “Teach Youth to Save & Invest Month”. Speaker Introduction. Slide 2 - Reasons to Save Lesson Reference: Money Management, Activity 2 – Overhead 2. REASONS TO SAVE Provide for unexpected emergencies. Purchase expensive items in the future. Ensure retirement.

jun
Télécharger la présentation

Alabama Jump$tart

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. Alabama Jump$tart April 2007 “Teach Youth to Save & Invest Month”

  2. Speaker Introduction

  3. Slide 2 - Reasons to Save Lesson Reference: Money Management, Activity 2 – Overhead 2 • REASONS TO SAVE • Provide for unexpected emergencies. • Purchase expensive items in the future. • Ensure retirement. • Plan for investment opportunities. 6

  4. Slide 1 - Places to Save MoneyLesson Reference: Introduction to Financial Services, Activity 2 – Overhead 1 • PLACES TO SAVE MONEY • Would you save your money in any of these places? Why? Why not? Can you think of other places to save money? • Bed & Mattress • Cookie Jar • Pillow • Wallet • Money Belt • Small House Safe 7

  5. PLACES TO SAVE • • Savings Accounts • • Money Market Accounts • • Certificates of Deposit (CDs) • • Savings Bonds • • Insurance 8 Slide 4 – Places to Save Lesson Reference: Money Management, Activity 2 – Handout 2

  6. Slide 5 - Looking at Places to Save Lesson Reference: Money Management, Activity 2 – Overhead 3 LOOKING AT PLACES TO SAVE On a scale of 1 to 5 (with 1 being low and 5 being high), rate the following places to save your money. Based on the above ratings, where would you save your money? Why? 9

  7. IMPACT OF RETURNS ON SAVINGS This chart shows what happens at several different rates to $100 in an account when no money is withdrawn and interest is compounded yearly. 10 Slide 2 – Returns on Savings Lesson Reference: Money Management, Activity 3 – Handout 2

  8. Slide 3 - Places to Invest Lesson Reference: Money Management, Activity 4 – Overhead 3 • PLACES TO INVEST • Stocks • Bonds • Mutual Funds • Retirement Plans • Real Estate • Collectibles/Valuables 11

  9. QUESTIONS TO ASK BEFORE MAKING AN INVESTMENT • How safe is the investment? • What types of returns can I expect? • What kind of risk is involved? • Can I get my money back if I need it? How long will it take and how much will it cost to get it back quickly? • Are my investments in a variety of places to spread my risks (diversification)? • Check out the person offering you an investment with the Alabama Securities Commission! Alabama law requires most securities and the people selling them to be registered. 12 Slide 4 – Questions to Ask Lesson Reference: Money Management, Activity 4 – Handout 2

  10. SAVING VS. INVESTING, HISTORICALLY The S&P 500 stock index has increased almost 200 percent since 1970. On average, the stock market returns 12 percent per year, including dividends. Savings rates, by comparison, have been much lower – anywhere from 1.5% to 5%, usually depending on the length of time the savings are deposited. 13 Slide 2 - Saving vs. Investing, Historically Lesson Reference: Money Management, Activity 4 – Overhead 2

  11. Sources of Information • www.jumpstart.org • Citigroup Inc. Citigroup Financial Education Curriculum http://curriculum.financialeducation.citigroup.com

  12. Thank you! The End

More Related