Transcript Money Matters: - City of Bath College Moodle

Money Matters:
Taking control
What do these celebrities have in
common?
MC Hammer
Kim Basinger
Toni Braxton
Kerry Katona
Mike Tyson
Marvin Gaye
Michael Jackson
Why do people
overspend?
•Needs: Things we need to survive,
to keep us warm, to maintain
shelter etc.
•Wants: Things we want right now.
•Aspirations: Things we’re hoping
for in the future.
How should they spend theirs?
Part-time job: £140
Bursary payment: £30
Monthly Total: £170
NB: College pay for travel.
Rent to parents is a fixed payment.
How will you spend yours?
Money stretcher calculator:
http://htmltools.moneymadeclear.org.uk/moneys
tretcher-calculator/index.aspx
Cut back calculator:
http://htmltools.moneymadeclear.org.uk/cutbac
k-calculator/
Visit here for loads of money saving tips:
http://www.moneysavingexpert.com/