Teaching Personal Finance by Color

Download Report

Transcript Teaching Personal Finance by Color

Welcome to

Teaching Personal Finance BY COLOR

Engaging Students and Encouraging Self-Evaluation

© Oct 14 National Financial Education Center at Debt Reduction Services Inc. (Boise ID)

www.DebtReductionServices.org

Why We’re the Experts

Nationwide Nonprofit since 1996 Counseling 1,000s of Debtors Annually (Pay $4$) Hundreds of Classes for Thousands Every Year © October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#2

Outline of Session

Brief Self-Evaluation Generation “Sound Bite” Spending by Color Brainstorming

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#3

Quick Self-Evaluation

Huh?

Nothing to Save!

Use Tax Refund Usually Monthly Every Paycheck Whenever I Have $ to Save © October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#4

Quick Self-Evaluation

What kind of saver are you in the world of sports?

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#5

Quick Self-Evaluation

1.

Huh? There’s Nothing to Save!

You’re the Athletic Couch Potato of Savings!

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#6

Quick Self-Evaluation

2.I Use My Tax Refund

You’re the Skydiver of Savings!

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#7

Quick Self-Evaluation

3.

I Save When I Can… Rarely

You’re the Curling Player of Savings!

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#8

Quick Self-Evaluation

5.Usually Monthly

You’re the Amateur Golfer of Savings!

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#9

Quick Self-Evaluation

4.Every Paycheck

You’re the Ironman/Ironwoman Saver!

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#10

I Work With

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#11

I Work With

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#12

Generation “Sound Bite”

Face book

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#13

Generation “Sound Bite”

Facebook

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#14

Generation “Sound Bite”

Saver Quiz http://snack.to/q7p8ycj1

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#15

Generation “Sound Bite”

Facebook Twitter Blog Apps

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#16

Spending by Color

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#17

Choosing Associations

Two Methods

1. Keywords & descriptions 2. Fun comparisons

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#18

Brainstorming

Personal Finance Behaviors Analogies

Budgeting Spending Credit Card Usage Debt Car Buying Colors Elements Vehicles Extreme Sports Athletes Tax Preparation Insurance Shapes Beverages Balancing Account Vacation Spots

© October 2014 Debt Reduction Services Inc. (Boise ID) www.DebtReductionServices.org

#19

Thank You!

Time for a Few Questions?

For More Information: (877) 688-3328

© Oct 14 National Financial Education Center at Debt Reduction Services Inc. (Boise ID)

www.DebtReductionServices.org