
Finance
Presentation
•
Business
•
8th Grade - University
•
Medium
Rita Karimwabo
Used 932+ times
FREE Resource
5 Slides • 12 Questions
1
Finance
2
Multiple Choice
Finance includes
earning money
spending money
saving money
all of the above
3
Poll
What is your comfort level in terms of understanding finance? BE HONEST!
I need help!
I am okay...
I think I can make good financial decisions but would like to learn more
I know a lot about finance
4
Multiple Choice
You should get a bank account when
never- under your mattress is the best place to keep money
whenever you start saving money
when you are 18
when you want to buy a something you cannot afford
5
Start a relationship with a bank
As soon as you get a bank account, you are starting to build your financial reputation
This is the start to building a good credit score
Saving money is a very healthy habit to build, even if it is just a very small amount.
6
Multiple Select
A good habit is to (choose two answers)
"Pay yourself first" - save 10% from each pay cheque
Fulfill your wants first
Spend all your money, YOLO!
Think twice before you spend money
7
Get used to saving
Put money into your savings account right away
If you have money left after paying your bills, clearing debt, think hard about what you spend your remaining money on
8
Multiple Select
When you choose your bank you should think about (choose all answers that apply)
what they are giving away as a free gift
asking your parents and friends for advice
comparing fees and terms of acceptance
convenience, hours and online banking options
9
Picking a bank
-Convenience, location, hours
-Fees and Terms
-Online Banking options
-Consider Credit Unions
10
Multiple Choice
A Budget is
Tells you how much you can spend
Is plan for spending and saving
Something you make when you are an adult
A good idea but not necessary
11
Budgeting
Make a plan
Try to follow it
Adjust it if necessary
12
Multiple Choice
Credit is
the ability to borrow money
when someone owes you money
limitless
what comes after the movie is over
13
Multiple Choice
Your credit score is
not very important
can stop you from being able to rent/buy a home
only important when you move out
how much money you make
14
Multiple Choice
You really want a bigger TV but do not have the money for it. You should
Buy it with a credit card
Wait until you have money to buy it
Get a store credit card
Borrow money from a friend
15
Multiple Choice
A credit card
lets you spend money one month but you need to pay it back the next month to avoid interest costs
is free money
charges low interest if you cannot pay it back on time
is the best way to borrow money long term
16
Multiple Choice
Which of these options is the most expensive way to get money you do not have
a credit card
asking a friend
Money Mart
line of credit
17
Multiple Select
Interest is (two correct answers)
when you like something
taxes
money earned on money
the cost for borrowing money
Finance
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