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This comprehensive guide, presented by GreenPath at the Troy Public Library, explores the importance of emergency funds and the best practices for managing finances. Learn about various saving options such as traditional savings accounts, money market accounts, and certificates of deposit. Discover key financial concepts including budgeting, setting short-term and long-term goals, and understanding the roles of financial institutions. Gain insights on building and maintaining your net worth, ensuring you are prepared for any financial emergencies. Start your journey to financial stability today!
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EmergencyFunds REVIEW PRESENTED BY GREENPATH Troy Public Library
Emergencies Happen • Insurance • Credit • Emergency Fund • Traditional Savings Accounts • Money Market Accounts • Certificates of Deposit
T.N. & C.J.’s Emergency Situations T.N. & C.J.’s Emergency!
PracticingGoodHabits PRESENTED BY GREENPATH Troy Public Library
Pulling it TogetherFinancial Institutions • Insured/Safe ($250,000) • Basic Account Types • Deposit Accounts • Transaction Accounts • Employees and their Roles • Teller • Customer Service • Loan Officer • Manager
Pulling it TogetherSaving and Investing • Saving • Checking Account • Savings Account • Money Market Account • Certificate of Deposit • Investing • Bonds • Stocks • Mutual funds • Retirement investments
Pulling it TogetherSetting Goals • Choices • Small items (cd, game etc.) • Large Items (t.v., car, house) • Short Term • 1-2 Years • Mid Term • 2-5 Years • Long Term • 5 Years and up
Pulling it TogetherBudgeting • Income • Gross • Net • Expenses • Tracking • Balancing Goals, Income and Expenses • Spartan Dollar$ and Cent$ Game
Financing Your Future • Set Goals • Budget • Save • Keep Up with Accounts
Come Back and KeepLearning ThankYou! Troy Public Library