Personal Finance

What is Personal Finance?

• Personal Finance is personally helping others with their finance

• Personal Finance is managing your own money

• Personal Finance is managing your parents money

• Personal Finance is personally managing a businesses money

What is financial literacy? 

• Financial literacy is what an accountant does

• Financial literacy is accuracy of financial information

• Financial literacy is another term for personal finance

• Financial literacy is a term for financial knowledge

What is included within personal finance?

• Savings 

• Budgeting for a corporation 

• Investing

• Helping your friend to start investing

• Budgeting for yourself

Why should we learn about personal finance?

• To build good money habits 

• To gain knowledge 

• To avoid getting loans

• To avoid financial mistakes 

• To avoid people

What percentage of Americans say that money is a significant source of stress?

• 81%

• 65%

• 74%

• 62%

What percentage of Americans ages 18-25, consider money to be a significant stress point in their lives.

• 81%

• 82%

• 90%

• 73%

Understanding Personal Finance is a critical step to what?

• Being happy 

• Becoming rich 

• Financial stability 

• Financial Literacy 

How can a lack of personal finance knowledge negatively affect you?

• Causes stress

• Cause you to have bad physical health and mental health

• Can cause you to marry for money 

• Can cause you to want to leave the country

• Can make you distance yourself from others

Why should you as a high school student learn about personal finance?