Transcript Module 1

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Decision
Making
Process
5
10
15
20
25
Financial
Planning
Process
5
10
15
20
25
SMART
Goals
5
10
15
20
25
Do You
Know?
#1
5
10
15
20
25
What
isThat?
5
10
15
20
25
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Team One
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Team Three
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Team Five
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Team Two
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Team Four
0
Team Six
Decision Making Process
Question for 5 Points
What is the first step
in the
Decision Making Process?
Show Answer
Decision Making Process
Answer for 5 Points
Identify your goal.
Back to Board
Decision Making Process
Question for 10 Points
What is the second step
in the
Decision Making Process?
Show Answer
Decision Making Process
Answer for 10 Points
Establish your criteria.
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Decision Making Process
Question for 15 Points
What is the third step
in the
Decision Making Process?
Show Answer
Decision Making Process
Answer for 15 Points
Examine your options.
Back to Board
Decision Making Process
Question for 20 Points
What is the fourth step
in the
Decision Making Process?
Show Answer
Decision Making Process
Answer for 20 Points
Weigh the
pros and cons.
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Decision Making Process
Question for 25 Points
What are the
fifth and sixth steps in the
Decision Making Process?
Show Answer
Decision Making Process
Answer for 25 Points
Make your decision
and
evaluate results.
Back to Board
Financial Planning
Question for 5 Points
What is the first step
of the
Financial Planning Process?
Show Answer
Financial Planning
Answer for 5 Points
Set SMART Goals.
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Financial Planning
Question for 10 Points
What is the second step
of the
Financial Planning Process?
Show Answer
Financial Planning
Answer for 10 Points
Analyze information.
Back to Board
Financial Planning
Question for 15 Points
What is the third step
of the
Financial Planning Process?
Show Answer
Financial Planning
Answer for 15 Points
Create a plan.
Back to Board
Financial Planning
Question for 20 Points
What is the fourth step of
the
Financial Planning Process?
Show Answer
Financial Planning
Answer for 20 Points
Implement the plan.
Back to Board
Financial Planning
Question for 25 Points
What is the fifth step
of the
Financial Planning Process?
Show Answer
Financial Planning
Answer for 25 Points
Monitor and
modify the plan.
Back to Board
SMART Goals
Question for 5 Points
What does the ‘S’ in
‘SMART Goals’
stand for?
Show Answer
SMART Goals
Answer for 5 Points
Specific.
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SMART Goals
Question for 10 Points
What does the ‘M’ in
‘SMART Goals’
stand for?
Show Answer
SMART Goals
Answer for 10 Points
Measurable.
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SMART Goals
Question for 15 Points
What does the ‘A’ in
‘SMART Goals’
stand for?
Show Answer
SMART Goals
Answer for 15 Points
Attainable.
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SMART Goals
Question for 20 Points
What does the ‘R’ in
‘SMART Goals’
stand for?
Show Answer
SMART Goals
Answer for 20 Points
Realistic.
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SMART Goals
Question for 25 Points
What does the ‘T’ in
‘SMART Goals’
stand for?
Show Answer
SMART Goals
Answer for 25 Points
Time bound.
Back to Board
Do You Know?
Question for 5 Points
What is a statement of
something a person
wants or needs to do?
Show Answer
Do You Know?
Answer for 5 Points
A goal.
Back to Board
Do You Know?
Question for 10 Points
What is the process of
setting goals, developing a
plan to achieve them, and
putting the plan into
action?
Show Answer
Do You Know?
Answer for 10 Points
A financial plan.
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Do You Know?
Question for 15 Points
What are goals that will
be achieved between
three months to a year?
Show Answer
Do You Know?
Answer for 15 Points
An
intermediate-term
goal.
Back to Board
Do You Know?
Question for 20 Points
What are the things that
make life more interesting
& fun, but you could live
without them if you had to?
Show Answer
Do You Know?
Answer for 20 Points
A want.
Back to Board
Do You Know?
Question for 25 Points
What is it called when
you give up something
you want now to get
something even better
in the future?
Show Answer
Do You Know?
Answer for 25 Points
Delayed gratification.
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What is That?
Question for 5 Points
What are the basic things
we must have to survive?
Show Answer
What is That?
Answer for 5 Points
A need.
Back to Board
What is That?
Question for 10 Points
Often a major decision
leads to several smaller
ones of these.
Show Answer
What is That?
Answer for 10 Points
Satellite decisions.
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What is That?
Question for 15 Points
What are the beliefs
and practices in your
life that are very
important to you?
Show Answer
What is That?
Answer for 15 Points
Values.
Back to Board
What is That?
Question for 20 Points
What type of goal will
take you more than a
year to achieve?
Show Answer
What is That?
Answer for 20 Points
A long-term goal.
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What is That?
Question for 25 Points
What is the value of
what is given up when
you choose one option
over another?
Show Answer
What is That?
Answer for 25 Points
Opportunity cost.
Back to Board
Show Question
“Big Points”
Question
25
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30
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What measures the
money you receive and
the money you spend?
Show Answer
Big Points Answer
A cash flow.
Back to Board
Big Board Facts
© 2010 Jeff Ertzberger
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This presentation was adapted February 2014 by Lori Hendrickson,
Extension Educator – Family Resources Management ([email protected]).
It is used by permission.
End