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Personal Finance

Published on Apr 13, 2023

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PRESENTATION OUTLINE

Personal Finance

Unit 4
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3 important rules

  • Get an education (trade school, 2/4 year college, etc.)
  • Spend less than you earn
  • Create a budget that includes saving and financial investment
Currently, over 60% of Americans are living paycheck to paycheck, 47% don’t have $400 in savings, and half of the people near retirement have nothing saved. These are just a few of the frightening statistics that make it clear that a majority of Americans are struggling to understand the language of money.

a brighter financial future
the necessary tools and resources to make smart economic choices and manage your money wisely
a sense of pride, each time you accomplish a financial goal
a sense of security by knowing you have money saved and money for your retirement
confidence about your finances

Cost of not learn

  • life sucks
Can have a negative impact on your life and make life difficult.
Studies have shown bad personal finances can make you less free as well as cause stress, financial anxiety, and conflict in your relationship.

Several studies have shown the leading cause of stress and conflict in relationships is money problems. According to a study done by the American Psychological Association, 25% of Americans feel extreme stress due to financial problems, while 75% feel some stress. It is estimated that 1 in 5 marriages end because of money issues.
Photo by _Hadock_

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