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Does the thought of finance set you aflame? Are you tired of not being able to pay bills and loans off on time? If you want to get afloat, you need to know how to manage your personal finances. Our Money Management PowerPoint will give you the knowledge and tips on how to stay ahead of your expenses, loans, and debt, and any other cost you need to take care of. Presentation includes: 17 slides on budget and budgeting tools and software will give you the knowledge to keep track of your money, plus content slides on buying, selling, and trading a car and dealing with car loans; home buying, including leasing info and mortgage loans, and checks. You’ll find the information you need to guide you on the path to successful money management. Slides can easily be tailored to your specific needs, use them with an LCD projector, make handouts, and/or create overheads. Royalty Free - Use Them Over and Over Again. Once purchased, download instructions will be sent to you via email. (PC and MAC Compatible).
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Program Objectives • Create and maintain a balanced budget. • Make loan and lease decisions. • Make knowledge-based home and car purchasing decisions. • Responsibly maintain debt. • Write checks. • Repair credit problems. www.readysetpresent.com www.silkwebconsulting.com
Money Management (1 of 2) • Financial management is perhaps one of the most important yet complex skills required by everyone for daily survival. • Lack of knowledge or consideration in this area can lead to catastrophic financial problems that can take decades to fix. www.readysetpresent.com www.silkwebconsulting.com
Money Management (2 of 2) • The lessons introduced to you in this program will help you thrive in today’s financial world. • The information provided in this program must also be supported by your own research and or advisement from a professional before making financial decisions. www.readysetpresent.com www.silkwebconsulting.com
Budget Considerations www.readysetpresent.com www.silkwebconsulting.com
Prioritizing Your Budget (1 of 5) • What do you do if you can pay off your monthly household expenses, but are having trouble paying off your loans? • Pay off the loan with the highest interest rate first to save on interest payments. • Talk to your creditor! • He or she may be willing to reduce your payments or change the terms to accommodate your situation. www.readysetpresent.com www.silkwebconsulting.com
Prioritizing Your Budget (2 of 5) • Some creditors might offer extensions, smaller payments over a longer period of time, or might accept partial payments. • Get a debt consolidation loan: • If loan fees and interest rates are too high, it may not be the best option for you. • Get professional advice; reputable credit counselors can help you deal with your financial problems. www.readysetpresent.com www.silkwebconsulting.com
Prioritizing Your Budget (3 of 5) • Some organizations charge little or nothing for their services. • Be cautious of companies that promise to fix your credit problems right away. • Credit repair can be a long process that might take several years. www.readysetpresent.com www.silkwebconsulting.com
Prioritizing Your Budget (4 of 5) • What payments do I make first if I don’t have enough money to pay for all my bills? • Pay off your necessary household expenses first, such as rent or mortgage—avoid foreclosure or eviction. • Think about the health and safety of your family when making these types of decisions. www.readysetpresent.com www.silkwebconsulting.com
Prioritizing Your Budget (5 of 5) • Many utilities, such as: • The telephone company, electric company, and gas company, have programs to lower your bill if you qualify. • Contact your utility company for assistance. • Remember, everyone has different priorities. • You will have to make the decisions that are right for you. www.readysetpresent.com www.silkwebconsulting.com
Budgeting Tools www.readysetpresent.com www.silkwebconsulting.com
Budget Box System • The budget box is a small box with dividers for each day of the month. • When you receive a bill, check the due date and place it behind the divider that represents the bill’s due date. • As you receive income, pay all bills that are due. www.readysetpresent.com www.silkwebconsulting.com
Download “Money Management Personal” PowerPoint Presentation at ReadySetPresent.com 172 slides include: slides on budget and budgeting tools and software will give you the knowledge to keep track of your money, plus content slides on buying, selling, and trading a car and dealing with car loans; home buying, including leasing info and mortgage loans, and checks. You’ll find the information you need to guide you on the path to successful money management. Royalty Free - Use Them Over and Over Again. Once purchased, download instructions will be sent to you via email. (PC and MAC Compatible). www.readysetpresent.com