YOUR FINANCIAL SELF

WHAT WOULD YOU DO IF YOU HAD A MILLION DOLLARS?

• Pay off my parents home & any debts
• Buy my brother his own football stadium
• Build my dream home
• Buy my parents a home in Hawaii
• Help out my other family members

AT WHAT AGE DO YOU WANT TO BE FINANCIALLY INDEPENDENT?

• I plan on being independent from my parents hopefully by
• my 2nd year of college or even my first if I'm capable. I'm
• already pretty independent and I hope to continue being
• this independent as I begin college.

DESCRIBE YOUR DREAM CAR

• My dream car is a black matte Range Rover
• it's price is about $80,000... like i said, this is a dream
• and i probably will never have this car

DESCRIBE YOUR FUTURE HOME (IN 10-15 YEARS)

• In 10-15 years I plan on living in my family home in
• a nice neighborhood in Michigan hopefully with my
• husband and kids.
• My dream home is something on a lake, that would
• be absolutely perfect!

ADVICE FROM PARENTS FINANCIALLY

• My parents always tell me how important saving
• money is. I have my own debit card which they
• help me with and it encourages me to save more
• along with having my own money/job. My parents
• have advised me successfully.

SAVER OR SPENDER?

• Unfortunately, I am a big spender. I could blow all of
• my money within a day & wouldn't even realize it.
• Thankfully, my parents have been helping with the
• saving aspect and I am getting significantly better
• at my saving.

RETIREMENT

• Hopefully I have a smooth retirement and have saved
• enough to last me so i won't have to pickup a part-
• time job at the age of 60.
• Retirement, I'm hoping, will be a nice and easy
• process so I could just relax without having to worry.

FINANCIAL LITERACY

• This is basically one's ability to understand how money
• works in the real world. How someone earns & makes it,
• how they manage it, and how they invest it. Some may
• donate money, some may keep it all to themselves.
• Financial literacy is the understanding of this.