Saving 100 saving for goals
|
|
- Cecil Mason
- 8 years ago
- Views:
Transcription
1 Saving 100 saving for goals
2 It does not matter how slowly you go so long as you do not stop. Confucius Saving Since your savings can grow substantially over time, now is the perfect time to get started. The earlier you save, the more money you ll have in the future. There are many choices when it comes to saving money. First, identify whether your goals are long term or short term. Short-term goals are goals you want to reach in five years or less, or money you ll need to access in an emergency. A down payment for a house or car would be considered a short-term goal as would saving for a vacation. Long-term goals, like funding your retirement or a child s college education, are goals you plan to reach in 10 or more years. If you have long-term goals, then investing might make more sense. The reason for the five-year timeline is that investing may be riskier than saving. If you re saving to put a down payment on a house, you may not want your money in the stock market because you could lose 10 percent or more in value just before you need it. When saving with a bank or credit union, your money is insured and protected against losing value. Saving vs. Investing n Saving for short-term goals n Less than five years n Emergency fund n Car or house down payment n Vacation n Investing for long-term goals n More than five years n Retirement n College education Saving Goals Goal Savings goal Amount to save each month # of months to achieve goal Emergency Fund $1,000 $ EdFund. All rights reserved. EdFund and its associated graphic are registered trademarks of EdFund. Provided courtesy of EdFund.
3 2 Rule of 72 Imagine you have $1,000 and put it in a savings account or invest it. How long will it take to double? The rule of 72 tells how many years it will take to double your investment. Take 72 and divide it by the interest rate you re earning. If you re earning 8 percent, then 72 8 is nine years your money will double in nine years. 12% 6 Years 72 Interest Rate 8% 4% 9 Years 18 Years 2% 36 Years Years Needed for Money to Double Rule of 72 Worksheet (Example at 8% Interest) Your Age Savings Your Age Savings A 25 $1,000 B + 9 = 34 $2,000 C + 9 = 43 $4,000 D + 9 = 52 $8,000 E + 9 = 61 $16,000 Suppose you re earning 8 percent interest on your savings. The rule of 72 allows you to estimate how many years it will take for your money to double. 72 divided by 8 equals 9. As you can see in the example above, this means $1,000 today will grow to $2,000 in 9 years. In another 9 years, that $2,000 will grow to $4,000 at 8 percent interest. Follow the steps below to discover how your savings today can grow over time at 8 percent interest. Step 1. Write your age and an amount that you have saved today in line A. Step 2. In line B add 9 to your age and double the savings amount from line A. Step 3. For lines C through E, in each line, again add 9 to your age and double the savings amount. Step 4. Line E shows how old you will be and how much your initial savings will be worth without making additional deposits EdFund. All rights reserved. EdFund and its associated graphic are registered trademarks of EdFund. Provided courtesy of EdFund.
4 Never leave that till tomorrow which you can do today. Benjamin Franklin Saving Where to save Banks and credit unions offer the following places to save for short-term goals. Checking account A checking account is a way to start accumulating money. It pays you the lowest interest rate of all the options but allows the most transactions. Savings account If you have $100 or more, you might want to look at a savings account. Savings accounts usually pay higher interest rates. Money market accounts Once you have a larger amount of money, other options become available that pay you more interest. Money market accounts have higher interest rates than checking or savings, but money market accounts limit the number of times you can withdraw your money. Certificate of deposit (CD) If you don t need your money for six months or longer, then a CD is a good option. A CD pays you more interest the longer you agree to lock away your money. Most CDs require a minimum deposit (usually from $250 to $1,000), pay a higher interest rate, and don t allow any additions or withdrawals from the CD for the period of the CD (usually six months to five years). If you take your money out of a CD early, you could be charged a penalty, usually equal to three months worth of interest.
5 4 Savings Calculator Now is the best time to save for the future. Saving today can lead to significant rewards down the road. The opportunity to enjoy a house, car, travel and a secure retirement is within reach. Use this savings calculator to see how savings put aside today can grow substantially over time. For example, if you save $100 a month after graduation at 8 percent interest for 30 years, you ll have $149,036. Estimated time: 30 minutes to calculate different savings scenarios 5 Years 4% 5% 6% 7% 8% 9% 10% $25 a month $1,657 $1,700 $1,744 $1,790 $1,837 $1,886 $1,936 $50 a month $3,315 $3,400 $3,489 $3,580 $3,674 $3,771 $3,872 $75 a month $4,972 $5,101 $5,233 $5,370 $5,511 $5,657 $5,808 $100 a month $6,630 $6,801 $6,977 $7,159 $7,348 $7,542 $7,744 $250 a month $16,575 $17,002 $17,443 $17,898 $18,369 $18,856 $19,359 $500 a month $33,150 $34,003 $34,885 $35,797 $36,738 $37,712 $38, Years 4% 5% 6% 7% 8% 9% 10% $25 a month $3,681 $3,882 $4,097 $4,327 $4,574 $4,838 $5,121 $50 a month $7,363 $7,764 $8,194 $8,654 $9,147 $9,676 $10,242 $75 a month $11,044 $11,646 $12,291 $12,981 $13,721 $14,514 $15,363 $100 a month $14,725 $15,528 $16,388 $17,309 $18,295 $19,351 $20,485 $250 a month $36,813 $38,821 $40,970 $43,271 $45,737 $48,379 $51,211 $500 a month $73,625 $77,641 $81,940 $86,542 $91,473 $96,757 $102, Years 4% 5% 6% 7% 8% 9% 10% $25 a month $9,169 $10,276 $11,551 $13,023 $14,726 $16,697 $18,984 $50 a month $18,339 $20,552 $23,102 $26,046 $29,451 $33,394 $37,968 $75 a month $27,508 $30,828 $34,653 $39,069 $44,177 $50,092 $56,953 $100 a month $36,677 $41,103 $46,204 $52,093 $58,902 $66,789 $75,937 $250 a month $91,694 $102,758 $115,510 $130,232 $147,255 $166,972 $187,842 $500 a month $183,387 $205,517 $231,020 $260,463 $294,510 $333,943 $379, Years 4% 5% 6% 7% 8% 9% 10% $25 a month $17,351 $20,806 $25,113 $30,499 $37,259 $45,769 $56,512 $50 a month $34,703 $41,613 $50,226 $60,999 $74,518 $91,537 $113,024 $75 a month $52,054 $62,419 $75,339 $91,498 $111,777 $137,306 $169,537 $100 a month $69,405 $83,226 $100,452 $121,997 $149,036 $183,074 $226,049 $250 a month $173,512 $208,065 $251,129 $304,993 $372,590 $457,686 $565,122 $500 a month $347,025 $416,129 $502,258 $609,986 $745,180 $915,372 $1,130, EdFund. All rights reserved. EdFund and its associated graphic are registered trademarks of EdFund. Provided courtesy of EdFund.
6 Building Futures Financial Literacy PO Box Rancho Cordova, CA General Information EdFund. All rights reserved. EdFund and its associated graphic and Building Futures are registered trademarks of EdFund. All other trademarks are the property of their respective owners. This workbook is intended to be a guide that introduces various financial planning topics. It s not intended to provide financial advice and it s not meant to be professional guidance. Materials provided courtesy of EdFund. S
Credit 100 understanding credit
Credit 100 understanding credit An investment in knowledge always pays the best interest. Franklin D. Roosevelt Credit 100 1 Credit can open doors to buying a home or a car. But it can also lead to significant
More informationPrivate/Alternative Loans: get answers
Private/Alternative Loans: get answers A college education is more important than ever today, yet paying for one can be a challenge for many students and their families. Alternative loans, also known as
More informationSAVINGS BASICS101 TM %*'9 [[[ EPXEREJGY SVK i
SAVINGS BASICS101 TM i This book is intended as a general guide to the topics discussed, and it does not deliver accounting, personal finance, or legal advice. It is not intended, and should not be used,
More informationMODULE 1 // SAVE MONEY. START NOW. AMATEUR: AGES 11-14
MODULE 1 // SAVE MONEY. START NOW. AMATEUR: AGES 11-14 MODULE 1 // FINANCIAL SOCCER PROGRAM Financial Soccer is an educational video game designed to help students learn more about the fundamentals of
More informationSaving and Investing: Getting Started
STUDENT MODULE 5.1 SAVING AND INVESTING PAGE 1 Standard 5: The student will analyze the costs and benefits of saving and investing. Saving and Investing: Getting Started But Mom, why can I not have it
More informationFinancial Literacy Quiz Take the following quiz to test your financial knowledge. The answer key is below.
Financial Literacy Quiz Take the following quiz to test your financial knowledge. The answer key is below. 1 - Suppose you put $1,000 in an account that earns 5% interest per year, every year. You never
More informationBank Products What s Insured and What s Not
Bank Products Bank Products What s Insured and What s Not In their search for higher returns, many cus-tomers of banks and credit unions are look-ing beyond traditional savings accounts to investment products
More informationSaving and Investing. Being an educated investor will help enable you to become financially sound. Chapters 30 and 31
Saving and Investing Being an educated investor will help enable you to become financially sound Chapters 30 and 31 Essential Questions How do you know when to save and when to invest? What are some reasons
More informationTypes of Savings Plans and Investments
LESSON 12 Types of Savings Plans and Investments Introduction If you saved $100 under your mattress, in 50 years you d still have $100, right? Well, yes and no. Even though you would still have $100 in
More informationBank Products. 3.1 Introduction
Bank Products Bank Products For many people, the first financial institution they deal with, and the one they use most often, is a bank or credit union. That s because banks and credit unions provide a
More informationtransfer money by check or electronic payment to a person or organization that you designate as payee
Bank Products 1. Introduction For many people, the first financial institution they deal with, and the one they use most often, is a bank or credit union. That s because banks and credit unions provide
More informationLESSON 12 ALL SAVINGS CHOICES INVOLVE RISK: GRANDMA S GIFT
LESSON 12 ALL SAVINGS CHOICES INVOLVE RISK: GRANDMA S GIFT INTRODUCTION In this lesson, students learn that all savings choices involve risk. Students evaluate various alternatives for saving money. ECONOMICS
More informationPlease Note. In today s session, your CalSTRS benefits specialist will guide you through the basics of financial literacy and retirement planning.
Please Note In today s session, your CalSTRS benefits specialist will guide you through the basics of financial literacy and retirement planning. All specialists have CalSTRS benefits knowledge and are
More informationSaving Power = Spending Power
Saving Power = Spending Power By Greg Glandon Federal Reserve Bank of Atlanta Lesson Plan of the Year Contest, 2009 Third Place LESSON DESCRIPTION This lesson focuses on the value of saving money and on
More informationPay Yourself First. Identify Steps You Can Take to Save The following tips will help you to save your flexible income.
Pay Yourself First Use this tip sheet to help you in the process of setting and reaching your personal savings goals. This tip sheet covers the following topics: Identifying steps you can take to save
More informationChapter Four: Saving and Investing
Chapter Four: Saving and Investing Chapter Learning Objectives 1. Compare advantages and disadvantages of saving early versus saving later. 2. Explain the importance of short-term and long-term saving
More informationAfter completing this chapter, you will be able to: Savings Accounts
Chapter 30 Savings Accounts Section 30.1 Savings Account Basics Discuss the three reasons people save money. Describe compound interest. After completing this chapter, you will be able to: Section 30.2
More informationSaving and Investing
Teacher's Guide $ Lesson Three Saving and Investing 07/13 saving and investing websites websites for saving and investing The internet is probably the most extensive and dynamic source of information in
More informationTOP 10 WAYS TO PREPARE FOR RETIREMENT
TOP 10 WAYS TO PREPARE FOR RETIREMENT Financial security in retirement doesn t just happen. It takes planning and commitment and, yes, money. Fewer than half of Americans have FACT calculated how much
More informationNationwide Insurance-based Retirement Plan. What will your retirement look like?
Nationwide Insurance-based Retirement Plan What will your retirement look like? Add life to your business You ve planned, saved, worked and invested, but you re still not sure you ll have enough money
More informationModule 2 Lesson 3 Narrative
Module 2 Lesson 3 Narrative What are savings tools/products/instruments? If you have a specific savings goal in mind and know the amount you need to save and how long you have to save for it, you have
More informationAnnuities - Will Your Savings Last Your Lifetime?
SUN LIFE FINANCIAL S GUIDE TO UNDERSTANDING ANNUITIES How can an annuity help with retirement PLANNING? You ve done a good job planning for retirement and have taken advantage of a 401(k) or IRA. You know
More informationWhat is loyalty banking?
What is loyalty banking? Loyalty Banking is a rewarding new way to bank with Iowa State Bank! Now you can earn bonus rates on your deposits, discount rates on your loans, plus other valuable benefits on
More informationTypes of Savings Plans and Investments
LESSON 12 Types of Savings Plans and Investments LESSON DESCRIPTION AND BACKGROUND The students learn about various types of government-insured savings instruments, noting the advantages and disadvantages
More informationState Life Care Solutions. Annuity Care II. Products and financial services provided by The State Life Insurance Company a OneAmerica company
State Life Care Solutions Annuity Care II Products and financial services provided by The State Life Insurance Company a OneAmerica company I-21688 Not a deposit. Not FDIC insured. Not guaranteed by any
More informationLesson 6: Inheritance and Investing What s Your Story?
Lesson 6: Inheritance and Investing What s Your Story? All the materials and information included in this presentation is provided for educational and illustrative purposes only and is presented with the
More informationFixed Annuities & You. A Brief Introduction
Fixed Annuities & You A Brief Introduction 1 2 What is an annuity? An annuity is a contract between you and an insurance company; it provides unique retirement planning benefits. Annuities are purchased
More informationState Life Care Solutions. Products and financial services provided by The State Life Insurance Company a OneAmerica company
State Life Care Solutions Annuity Care II Products and financial services provided by The State Life Insurance Company a OneAmerica company Not a deposit. Not FDIC insured. Not guaranteed by any bank.
More informationAsset-Care. Guaranteed single premium coverage for long-term care using the foundation of life insurance. State Life Care Solutions
State Life Care Solutions Asset-Care Guaranteed single premium coverage for long-term care using the foundation of life insurance Products and financial services provided by The State Life Insurance Company
More informationq To close an account and transfer any remaining funds, you may need: q To change an automatic payment or withdrawal*, you may need:
Moving all your accounts to Athens Federal has never been easier! Simply refer to the following guide to make your switch easy and convenient. For assistance, please contact any of our customer service
More informationSetting Your Financial Goals
Lesson 1: Setting Your Financial Goals Lesson Overview: This lesson will help students to understand why it is important to set financial goals as well as to develop a plan to achieve those goals by saving
More informationSaving and Investing
Teacher's Guide $ Lesson Ten Saving and Investing 01/11 saving and investing websites web sites for savings and investing The internet is probably the most extensive and dynamic source of information in
More informationGuaranteed Income for Life (GIFL) Rollover Variable Annuity IRA
Guaranteed Income for Life (GIFL) Rollover Variable Annuity IRA Exclusively available for 401(k) plan participants with the John Hancock Guaranteed Income for Life in-plan benefit Annuity contracts are
More informationCREATE TAX ADVANTAGED RETIREMENT INCOME YOU CAN T OUTLIVE. create tax advantaged retirement income you can t outlive
create tax advantaged retirement income you can t outlive 1 Table Of Contents Insurance Companies Don t Just Sell Insurance... 4 Life Insurance Investing... 5 Guarantees... 7 Tax Strategy How to Get Tax-Free
More informationFranklin Templeton 529 College Savings Plan OFFERED NATIONWIDE BY THE NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY
Franklin Templeton 529 College Savings Plan OFFERED NATIONWIDE BY THE NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY What Does the Future Hold? As soon as your child is born, you begin imagining
More informationINVESTING FOR LIFE S GOALS
TIAA-CREF LIFE GOALS SERIES INVESTING FOR LIFE S GOALS SAVING FOR MAJOR PURCHASES AND OBJECTIVES TIAA-CREF: FINANCIAL SERVICES FOR THE GREATER GOOD OUR COMMITMENT TIAA-CREF is dedicated to serving the
More informationWealthStyles. Cornerstone of a solid financial plan Wise debt management
WealthStyles Cornerstone of a solid financial plan Wise debt management Two years ago, David moved to a new city and put quite a few purchases on his credit card as he furnished a new home. Then, unexpectedly,
More informationSmall Business Planning. Insurance-based Retirement Plan. What will your retirement look like?
Small Business Planning Insurance-based Retirement Plan What will your retirement look like? 2 Add life to your business You ve planned, saved, worked and invested, but you re still not sure you ll have
More informationBUILDING YOUR MONEY PYRAMID: FINANCIAL PLANNING CFE 3218V
BUILDING YOUR MONEY PYRAMID: FINANCIAL PLANNING CFE 3218V OPEN CAPTIONED MERIDIAN EDUCATION CORP. 1994 Grade Levels: 10-13+ 14 minutes 1 Instructional Graphic Enclosed DESCRIPTION Most people will earn
More informationOpen your PFCU checking account. Choose from any of our great checking options. Call (208) 587-3304 or drop by any of our branches.
Three Simple Steps to Real Checking Value Open your PFCU checking account. Choose from any of our great checking options. Call (208) 587-3304 or drop by any of our branches. Transfer automatic deposits
More informationStudent Take Home Guide. Money Smart. Pay Yourself First
Student Take Home Guide Money Smart Table of Contents Table of Contents...1 Money Smart...2...3 Worksheet...4 Plan...5 Savings Tips...6 Compound Dividends Exercise...8 Compound Dividends...9 Savings $1
More informationSaving and Investing Tools
STUDENT MODULE 5.3 SAVING AND INVESTING PAGE 1 Standard 5: The student will analyze the costs and benefits of saving and investing. Saving and Investing Tools Miley and Hanna are both turning 16 this year
More informationThere s a Lot to Learn about Money
No matter who you are, making informed decisions about what to do with your money will help build a more stable financial future for you and your family. Alan Greenspan There s a Lot to Learn about Money
More informationChecking and Savings Accounts Pretest
Checking and Savings Accounts Pretest 1. It does not matter which kind of checking account you open. Just get the one with the lowest service charge. 2. Some checking accounts pay interest but the interest
More informationLesson Plans and Handouts from Gregg J. Zogby, Wellington C. Mepham High School
Lesson Plans and Handouts from Gregg J. Zogby, Wellington C. Mepham High School As presented in the W!SE Webinar for Financial Literacy on October 30, 2014 Table of Contents Types of Investments... Pages
More informationu n i t f o u r Savings and Investments: Your Money at Work "It s possible to have your money work for you in two ways..."
Unit Four Savings and Investments: Your Money at Work "It s possible to have your money work for you in two ways..." In Unit 2, we talked a lot about how you earn money working at a job. In this unit,
More informationBuilding a Business Plan Part B: Getting Money to Start Your Business
Session Eight Building a Business Plan Part B: Getting Money to Start Your Business It is not necessary to do extraordinary things to get extraordinary results. Warren Buffett Overview: One of the great
More informationContact us! MATT Locations: Phone: Online: Direct Deposit Rate Update
Savings Services Savings Services We ll Help You Reach Your Financial Goals Whether you re interested in short-term savings with immediate access to your funds or long-range investments with high earning
More informationI 1. Unit Objectives: UNIT 1 I Getting Started UNIT THE BASICS 1
THE BASICS UNIT I Getting Started TEACHING STANDARDS/KEY TERMS Benefits Choices Compound interest Decision-making Diversification Financial plan/investment plan Goals Interest rate Investing Limited resources
More informationBenefit. Accumulation. Account. Saving to Make Your Dreams Possible.
Benefit Accumulation Account Saving to Make Your Dreams Possible. 1 Get to your dreams faster. Dream #1 Daily walks on the beach. 2 Pension Fund: A Name You Can Trust Pension Fund serves its members as
More informationWould you like cash with that?
Would you like cash with that? A la Carte Menu Just the products, please! 20 Years The Basics Level Death Benefit Policy ends at specified age (e.g. 80) or number of years (e.g. 20) Term Life: Whether
More informationSaving to Build Wealth Make Money Work for You
Saving to Build Wealth Make Money Work for You Getting started on saving Building wealth is like building a brick wall. You place one brick on top of another and make sure the wall is solid before you
More informationMoney Management THEME
THEME 3 Introduction Money Management Do you know people who handle money carelessly? Lots of seemingly smart people are clueless about where they stand financially. There is Beverly, a professional woman,
More information_ Retirement. Planning for the Stages of. Getting started Your 20s and early 30s
Planning for the Stages of _ Retirement _ Retirement is being reinvented. It s no longer our parent s retirement. Social Security alone w o n t see us through retirement, especially for higher income earners.
More informationHow do you make your Money grow?
How do you make your Money grow? TOPIC Ways to Save and Invest Money SUBJECT AREA Math RELATED SUBJECT AREAS Economics LESSON OBJECTIVES Students will: Compare and contrast investment vehicles including
More informationSaving And Investing
Student Activities $ Lesson Ten Saving And Investing 04/09 setting your financial goals Short-range goal (within 1 month) Goal: Estimated Cost $ Target Date $ Monthly Amount $ Medium-range goal (2 12 months)
More informationA Fixed Annuities Guide for Individuals. Growth, income and peace of mind
A Fixed Annuities Guide for Individuals Growth, income and peace of mind The information provided is not written or intended as specific tax or legal advice and may not be relied on for purposes of avoiding
More informationPersonal Financial Literacy Vocabulary
TEACHER GUIDE 5.3 SAVING AND INVESTING PAGE 1 Standard 5: The student will analyze the costs and benefits of saving and investing. Saving and Investing Tools Priority Academic Student Skills Personal Financial
More informationApplying Time Value Concepts
Applying Time Value Concepts C H A P T E R 3 based on the value of two packs of cigarettes per day and a modest rate of return? Let s assume that Lou will save an amount equivalent to the cost of two packs
More informationDetermining your investment mix
Determining your investment mix Ten minutes from now, you could know your investment mix. And if your goal is to choose investment options that you can be comfortable with, this is an important step. The
More informationChecking & Savings Accounts. Essentials for your financial success
Checking & Savings Accounts Essentials for your financial success The foundation for your financial success starts here Establishing a savings and checking account at Travis Credit Union is an introduction
More informationPlanning Concepts For Non-Qualified Money
Planning Concepts For Non-Qualified Money 1. Make CD's Your Ally, Instead of Your Enemy. When your prospect has a lot of money in CD's of varying durations, it is typically because they want to be sure
More informationfor a secure Retirement Retirement Gold (INDEX-2-09)* *Form number varies by state.
for a secure Retirement Retirement Gold (INDEX-2-09)* *Form number varies by state. Where Will Your Retirement Dollars Take You? RETIREMENT PROTECTION ASSURING YOUR LIFESTYLE As Americans, we work hard
More informationWEALTH CARE KIT SM. A consumer s guide to establishing and maintaining a financial wellness plan.
WEALTH CARE KIT SM A consumer s guide to establishing and maintaining a financial wellness plan. A website built by the dedicated to your financial well-being. THE WEALTH CARE KIT an INTRODUCTION You plan
More informationUnderstanding variable annuities
Allianz Life Insurance Company of North America Understanding variable annuities Discover how you can insure a portion of your retirement assets. USA-1517 Page 1 of 20 Solutions for RETIREMENT REALITIES
More information10 Things You Need to Know About Buying Life Insurance
10 Things You Need to Know About Buying Life Insurance 10 Things You Need to Know About Buying Life Insurance 01 We never know what life has in store. Life insurance is a simple answer to a very difficult
More informationThe Benefit of an RRSP, TFSA or Debt Repayment
February 2013 The RRSP, the TFSA and the Mortgage: Making the best choice Jamie Golombek It s important to save. Saving allows us to set aside some of our current earnings for enjoyment at a later time.
More informationUNIT 1: Getting Started
UNIT 1: Getting Started TEACHING STANDARDS/KEY TERMS Benefits Choices Compound interest Decision making Diversification Financial plan/investment plan Goals Interest rate Investing Limited resources Market
More informationTerm Life vs. Permanent Life Insurance
Term Life vs. Permanent Life Insurance Should I Buy Term or Permanent? A widow doesn t ask What kind of insurance was it - Whole Life, Universal Life or Term? She asks How much do I have to raise my family?
More informationStandard 6: The student will explain and evaluate the importance of planning for retirement.
TEACHER GUIDE 6.1 RETIREMENT PLANNING PAGE 1 Standard 6: The student will explain and evaluate the importance of planning for retirement. Planning for Your Retirement Priority Academic Student Skills Personal
More informationMember FDIC Equal Housing Lender
Switch Kit Forms Thank you for choosing Union Bank! This is a guide to make your move to Union Bank easy and convenient. We are here to help you. Simply provide our staff with the information in this kit,
More informationbetter business banking.
Complete your move to better business banking. All it takes is 5 easy steps. Now that you ve opened a business checking account, it s time to complete your move to Webster. We make it easy by helping you
More informationChecking & Savings Accounts Essentials for your financial success
Checking & Essentials for your financial success The foundation for your financial success starts here Establishing a savings and checking account at is an introduction to what we hope will be a lifelong
More informationPERSONAL FINANCE. financial planning & goal setting
PERSONAL FINANCE financial planning & goal setting 1 our mission To lead and inspire actions that improve financial readiness for the military and local community. 2 table of contents The Power Of Planning...
More informationSwitch Kit. Easy-to-Use Forms: 800-724-9282 reliantcu.com Brockport Canandaigua Geneva Henrietta Irondequoit Macedon Newark Sodus Webster
Switch Kit Changing Your Account to Reliant Community Credit Union Has Never Been Easier! We are committed to making your switch to Reliant Community Credit Union simple and easy. Our Switch Kit takes
More informationUnit 2 Saving Money. Picture Story Literacy Level Overhead 1-A page 1. Talk about this picture.
Unit 2 Saving Money Literacy Level Materials The Car Accident Lesson 1: Saving Money Picture Story Literacy Level Overhead 1-A page 1 Talk about this picture. Where are they? What s the matter? Can they
More informationfor a secure Retirement Bonus Gold (INDEX-1-07)* *Form number varies by state.
for a secure Retirement Bonus Gold (INDEX-1-07)* *Form number varies by state. Where Will Your Retirement Dollars Take You? RETIREMENT PROTECTION ASSURING YOUR LIFESTYLE As Americans, we work hard everyday
More informationMillionaire In The Making Risks & Rewards Day(s) Entrepreneurship Personal Finance
Used with permission, Hitchcock County High School, Trenton, Nebraska. Lesson/Unit Title Millionaire In The Making Risks & Rewards Day(s) 5-6 days Grade Levels 10-12 Curriculum Areas Entrepreneurship Personal
More informationCOLLEGE PLANNING SAVING FOR A COLLEGE EDUCATION. Why is it Important to Start Saving Now? The Projected Cost of College 2012/2013 2017/2018 2022/2023
Making College a Reality: A college education can be one of the most important investments you ll ever make. But the benefits of increased earning power and expanded horizons come at a price college is
More informationAllianz Dominator Plus Annuity
Allianz Life Insurance Company of North America Allianz Dominator Plus Annuity Assured interest with a locked-in interest rate. CB52121 Page 1 of 11 Allianz Dominator Plus Annuity from Allianz Life Insurance
More informationManaging Your Liquidity
2P A R T Managing Your Liquidity Chapter 5 Banking and Interest Rates What bank services are most important to you? Which financial institution will provide the best bank services for you? Chapter 6 Managing
More informationFixed Annuity Basics. Ever Wonder If A Fixed Annuity Is Right For You? In this article we briefly review the following questions: What is an annuity
Ever Wonder If A Fixed Annuity Is Right For You? In this article we briefly review the following questions: What is an annuity What types of annuities are available Whether or not an annuity may be right
More informationAssist. Financial Calculators. Technology Solutions. About Our Financial Calculators. Benefits of Financial Calculators. Getting Answers.
Assist. Financial s Technology Solutions. About Our Financial s. Helping members with their financial planning should be a key function of every credit union s website. At Technology Solutions, we provide
More informationbetter banking Making the switch to is easier than ever. All it takes is 5 easy steps.
Making the switch to better banking is easier than ever. All it takes is 5 easy steps. We know that changing banks can be a hassle. So we help you make the switch in just 5 easy steps. That way, you can
More informationMoney Math for Teens. Dividend-Paying Stocks
Money Math for Teens Dividend-Paying Stocks This Money Math for Teens lesson is part of a series created by Generation Money, a multimedia financial literacy initiative of the FINRA Investor Education
More information36 Annuity Laddering. Learn How to Protect Your Retirement Income from Inflation and Lower Interest Rates. According to the US Consumer Price Index
36 Annuity Laddering Learn How to Protect Your Retirement Income from Inflation and Lower Interest Rates According to the US Consumer Price Index over the 20 year period from 1990 to 2010 the US dollar
More informationInvesting: Making Money Work for You
By the end of this unit, you will: Know the difference between saving and investing Be familiar with the time value of money Be able to compare investment options Recognize the risks and rewards of investing
More informationGenerate Future Retirement Income for Essential Living Expenses
Generate Future Retirement Income for Essential Living Expenses CASE STUDY Pacific Life s Fixed Indexed Annuities 10/15 90090-15A What Might You Face in Retirement? During your working years, you are likely
More informationA Guide to Planning for Retirement INVESTMENT BASICS SERIES
A Guide to Planning for Retirement INVESTMENT BASICS SERIES It s Never Too Early to Start What You Need to Know About Saving for Retirement Most of us don t realize how much time we may spend in retirement.
More informationThis Report has been prepared for: John & June
Trader Makes $4 Billion Wiz Kid Stock & Option Trader Makes $4 Billion Trading Stock Options! Budget Reporting Software Discover Why BudgetPak Provides thebest Financial Reporting & Analysis Input Forms
More informationFinancial Wellness & Education Retirement. Rollovers Understanding your options
Financial Wellness & Education Retirement Rollovers Understanding your options Examine the options The smart way to handle a retirement plan distribution. Whether retiring, leaving your employer or changing
More informationVariable Annuities Because Retirement Requires a New Way of Thinking
Pacific Life Variable Annuities Because Retirement Requires a New Way of Thinking 13141-12A 5/12 5/15 13141-15A As You Plan for Retirement, Think Differently Whether you re approaching retirement or already
More informationFPA 8. 2003 Financial Planning Association
WHY IS INVESTING IMPORTANT? There is an important difference between saving and investing. You should save for short-term goals, but you need to invest for long-term goals. Saving is basically a form of
More informationDetermining your investment mix.
Determining your investment mix. Ten minutes from now, you could know your investment mix: And if your goal is to choose investment options that you can be comfortable with, this is an important step.
More informationYoung Adults Version. Instructor guide. 2003, 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 VERSION 5.1
Young Adults Version Instructor guide 2003, 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 VERSION 5.1 Welcome to Wells Fargo s Hands on Banking program! This fun, interactive,
More informationFinite Mathematics. CHAPTER 6 Finance. Helene Payne. 6.1. Interest. savings account. bond. mortgage loan. auto loan
Finite Mathematics Helene Payne CHAPTER 6 Finance 6.1. Interest savings account bond mortgage loan auto loan Lender Borrower Interest: Fee charged by the lender to the borrower. Principal or Present Value:
More informationLesson 1. Key Financial Concepts INTRODUCTION
Key Financial Concepts INTRODUCTION Welcome to Financial Management! One of the most important components of every business operation is financial decision making. Business decisions at all levels have
More informationManaging Your Money. a haircut. With $110 to spend, Sandra wrote seven checks totaling $90.
Managing Your Money C H A P T E R 6 a haircut. With $110 to spend, Sandra wrote seven checks totaling $90. Unfortunately for Sandra, she made a math error in entering one of her checks into her checkbook
More information