Never Lose A Penny: Be Money Smart

1. Never Lose A Penny: Be Money Smart Presenter: Lilith Janel Pulley FBLA-PBL Conference Hilton Hotel Orlando, Fl

2. Summary • Quotes • Decide To Be Wealthy • Setting Financial Goals • Take Responsibility for Your Money • Win In The Margins: Millionaire Mindset • Give Back: Service Is Golden • Investments • Identity: Your Most Valuable Asset

3. Quotes • The future belongs to those who believe in the beauty of their dreams – Eleanor Roosevelt • Success is not the result of making money; making money is the result of success – James Arthur Ray • Fortune befriends the bold. – VIRGIL, The Aeneid, Translated by John Dryden

4. Decide To Be Wealthy • Look in the Mirror • Declare your intention by saying it aloud: “Today I decide to be wealthy.” • The wealthy understand the principles of accumulating wealth and live them • Keep A Portion of Everything You Earn • Money will never make you happy; but it will make you comfortable • Who wants to be a millionaire?

5. Setting Financial Goals • Write down how much you spend daily • “There was a time when a fool and his money were soon parted, but now it happens to everybody.” – Adlai E. Stevenson • Budget your monthly expense • Spend wisely • Write down your dreams and you are more likely to achieve them • “Money is not required to buy one necessity of the soul.” – Henry David Thoreau

6. Take Responsibility for Your Money • Put at least $1 and any loose change away each day • “You can’t touch this.” – M.C. Hammer • Add “savings” to your spending plan • Check to see if your employer has direct deposit • Are you just about to pay off a loan? Keep paying, but PAY YOURSELF • Give up costly habits

7. Win In The Margins: Develop a Millionaire Mindset • Know How Much Money You Have • Carefully consider each expenditure • Know Where Your Money Comes From • Earn Extra Income • Know Where Your Money Is Going • Freedom & Power are better than momentary pleasure • Know What Your Money Is Doing • Are you earning interest or paying it? • Savings • Protect the nest egg • The Power of Compound Interest

8. Give Back: Service Is Golden • Volunteer • Give Generously • Life is Not About Money All you have shall some day be given; Therefore give now, that the season of Giving may be yours and not your inheritors’. – Kahlil Gibran

9. Investments • Find a reputable agent/broker • Contribute to your company 401(k) plan or 403(b) for matching opportunities • Do a financial check up one a year • Realize all economic decisions involve opportunity costs • Money Market/Savings/CD Accounts • Roth IRA, IRA Deposit Accounts • Life Insurance/Annuity Policy

10. Identity: Your Most Valuable Asset • ID Theft Quiz • Envision Your Dreams • See How You Are Doing • Applaud Yourself “Too many people spend money they haven’t earned, to buy things they don’t want, to impress people they don’t like.” – Will Smith

11. Summary: Never Lose A Penny • Are You Money Smart? • A Matter of Knowledge and Choice • Goal Planning • Do Not Equate Spending With Happiness • “The problem of our age is the proper administration of wealth.” – Andrew Carnegie • Bequeath it in your will for public purposes • Leave it to your family • Share it during your lifetime for public benefit

12. The 5 Lessons A Millionaire Taught Me by Richard Paul Evans www.daveramsey.com/tools/budget-forms/ www.themint.org/teachers/budgeting-your-financial-resources.html www.privacyrights.org/ar/idtheftsurveys.htm The Millionaire Mindset by James Arthur Ray References

13. Questions Conclusion Thank You Lilith Janel Pulley 678-228-5405 jpulleyagency@gmail.com