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Financial Influencers

Published on Nov 19, 2015

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PRESENTATION OUTLINE

Financial Influencers

Factors that will impact your financial future

Economic Conditions

State of the economy at a given time
What is the state of our economy?
Photo by c_ambler

Recession

a period of slow or no economic growth
More people out of work
incomes stagnant
businesses cut back
less money is spent

Inflation

period where income does not rise at same rate as prices
buying power reduced
value of dollar goes down
cannot buy or save as much

Find an Influencer

What events will shape our financial future? 
Photo by raindog

Find an Influencer

  • locate current event article online
  • write title of article in notebook
  • write website underneath title
  • write five sentence summary
  • share with class

Demographics

statistical characteristics of a population
influences how you manage your money
people and marrying and having children later
single parent families growing
average age of population increasing
more young adults living at home
unmarried adults increasing

Culture

beliefs & behaviors common among members of group
who works in family
who makes financial decisions
how to use credit

Technology

application of science & research to human life & enviorments
medical advances increase life expectancy
need to save more money
Photo by Doha Sam

Government

decisions impact our future
medicaid
medicare
social security
Photo by ajagendorf25

Globalization

global spread of production, markets, communications & technology

Find an Influencer

What events will shape our financial future? 
Photo by raindog

Find an Influencer

  • locate current event article online
  • write title of article in notebook
  • write website underneath title
  • write five sentence summary
  • share with class