communicating key terms chapter 3 money management strategies

NAME, TEACHER AND DATE 1

COMMUNICATING KEY TERMSCHAPTER 3

MONEY MANAGEMENT STRATEGIES

NAMETEACHER

DATE

NAME, TEACHER AND DATE 2

IDENTIFY ANY FIFTEEEN (15) OF THE FOLLOWING TERMS ON SEPARATE

SLIDES. INCLUDE AT LEAST ONE PICTURE FOR EACH SLIDE.MONEY MANAGEMENT LIABILITIES

SAFE DEPOSIT BOX INSOLVENCY

PERSONAL FINANCIAL STATEMENT CASH FLOW

PERSONAL BALANCE SHEET INCOME

NET WORTH TAKE-HOME PAY

ASSETS DISCRETIONARY INCOME

WEALTH SURPLUS

LIQUID ASSETS DEFICIT

REAL ESTATE BUDGET

MARKET VALUE BUDGET VARIANCE

NAME, TEACHER AND DATE 3

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 4

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 5

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 6

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 7

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 8

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 9

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 10

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 11

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 12

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 13

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 14

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 15

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 16

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 17

TERM:

• DEFINITION • OBJECTS

NAME, TEACHER AND DATE 18

NAME, TEACHER AND DATE 19

MY BALANCE SHEET:(LIST ITEM AND AMOUNT)

MY ASSETS ARE:1. 2. 3. 4. 5.

MY LIABILITIES ARE:1. 2. 3. 4. 5.

WHAT IS MY NET WORTH?HINT: ASSETS – LIABILITIES = NET WORTH

NAME, TEACHER AND DATE 20

NAME, TEACHER AND DATE 21

MY MONTHLY BUDGET:(LIST ITEM AND AMOUNT)

CASH COMING IN: INCOME1. 2. 3. 4. 5.

CASH GOING OUT: EXPENSES1. 2. 3. 4. 5.

WHAT IS MY CASH SURPLUS/DEFICIT? HINT: CASH IN – CASH OUT = CASH FLOW

NAME, TEACHER AND DATE 22

SUMMARY SLIDE:DESCRIBE WHAT YOU LEARN FROM A PERSONAL BALANCE SHEET:

1. 2. 3.

DESCRIBE WHAT YOU LEARN FROM A CASH FLOW STATEMENT:

1. 2. 3.