Presentation Transcript

1. By : Tyler

   Tyler’s Financial literacy research

2. What is financial literacy is the ability to understand finance. Google more specifically it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions through their understanding of finances .it is also the possession of knowledge and understanding of financial matters for example it also helps to learn financial literacy for personal matters like real estate, insurance, investing in something,
3. What is financial literacy And even savings and many more. The absence of financial literacy can lead to poor financial decisions that can have more than one bad effect on the financial health of an individual.
4. How do I know whether I’m financially literate The way you know your financial literate is if your good at doing financial stuff like if your good at finances or doing taxes and helping people save money. You can take a test on http://rand.org/labor/centers/financial-literacy/widgets/financial-knowledge-test.html I took the test and it said 10% of people in the USA did as well as you did.
5. How do I compare with respect to others You can ask them questions about financial respect and how would they compare with your respect.
6. How does financial literacy in the united states compare with other states You do research on other countries respect and there financial literacy systems and you compare it with your country.
7. Why should I become financial literate The reason why you should become financial literate is because you could go to school and learn more about being a good business person . You can also have a better understanding of finances and banking . you can be more prepared for any type of financial situation and your financial goals you can take control of your money, and improve your
8. Why should I become financial literate Saving skills and be more prepared for more unforeseen situations in the future.
9. Where do I go to improve my financial literacy You can go to school and learn more about it and you can go to this website http://financialliteracycaribbean.com it will help you and give you tips on how to improve your finances. With the economy having thrown you for a loop over the past couple of years, there is more demand than ever for quality, unbiased financial information and
10. Where do I go to improve my financial literacy People have a lot of questions about personal finance, investing, and basic economics and how is there money being took care of .
11. What if I want to have fun while I’m learning financial literacy where do I go and what can I do ? There is a website called http://www.practicalmoneyskills.com it is a website where you can learn financial literacy and have a lot of fun . You can play games that teach you haw to be financial literate and still have fun . Some of the games are called cash puzzler , smart money quiz show ,
12. What if I want to have fun while learning financial literacy where can I go and what can I do ? Ed’s bank and much more .
13. What do I do to promote financial literacy and to become financially literate ? You can go or go back to school and take classes on financial literacy and you can learn how to promote financial literacy .
14. Who is promoting financial literacy ? A lot of banks and schools are promoting financial literacy here is a website to look in to it more http://www.financialeducatorscouncil.org/promote-financial-litera even The Central Bank of Solomon Islands (CBSI) together with the Solomon Islands Credit Union League (SICUL) are taking part in a week-long event called the Lagoon Festival to help promote financial literacy concepts  amongst local community members cy.html
15. Who is promoting financial literacy They are carrying out this program in Munda because the occasion presents an opportunity where people around Western province will be gathering together to celebrate several different events
16. Are there any big program/plans happening on financial literacy ? There are some big financial program/plans happening on financial literacy and people who are in them first needed to have a business plan to examine there present in financial literate and stay away from bad financial situations . Your financial plan helps you meet the financial needs you have today while you plan for tomorrow's dreams.
17. Are there any big program/plans happening on financial literacy Your advisor will ask you some important questions to help you figure out where you're headed. These questions may include: Do you have a clear picture of your goals and dreams? What benefits do you receive from your employer? How do you track your current income and expenses?
18. Why is a business plan important and who has to write it ? A business plan is very important if you don’t have one than you need one or you might not get the job or business you want . The people who had to make there business plan also has to write it .
19. How do I determine my start-up cost and other expenses ? Before you do that or sign any papers or pay a cent you need to do a lot of research in to the financial literacy or franchise . Your start up cost will be very low because you will need a little extra money for other expenses like a computer , rental , work space , equipment , signs , and staff and any other expenses. And you may need to
20. How do I determine my start up cost and other expenses determine the length of time it's going to take you to open your startup business
21. Why is competition important Competition is important because it helps drive out inefficient producers , or getting rid of unwanted producers.
22. What makes a successful marketing strategy One of the key parts of a business plan is your marketing plan. Your marketing plan conveys your marketing and sales activities that answer the questions of who, what, where, when and how much . You can also use low cost tools and tactics that a small business can use to increase their visibility and attractiveness to potential customers
23. What makes a successful marketing strategy and all of that is required to access these tools and tactics is research , planning , preparation , and execution .
24. Where can you go for advice with your business There are many places you can look for advice some of them are on the computer the website’s that might help a lot is http://www.sbacnetwork.org and http://www.businessknowledgesource.com/smallbusiness/where_to_go_for_small_business_assistance_025817.html and last but not least http://personalaldividends.com/want-to-start-a-business-where-to-go-for-help/
25. Where can you go for advice with your business You can also go to www.bing.com and search for help.