Bell Ringer – 5/27/08Bell Ringer – 5/27/08

1. Examine the list of “work skills” on page 98. Identify 2 of the skills that you feel you possess strongly and identify a career that may fit you according to those skills.

2. Identify 1 skill that you would like to improve and explain a way that it could be improved.

Financial Planning – 5 StepsFinancial Planning – 5 Steps

1. Set Goals

2. Analyze Information• Where does your $$ go?

3. Create a Plan

4. Implement the Plan• Make it happen!

5. Monitor and Modify the Plan• Stay on track!

BudgetsBudgets• A budget is a spending plan for managing

money during a given period of time

• Budgets should be clear and easy to use

• All financial needs should be taken into consideration

• Budgets are continuous and ongoing - they reflect the present and goals for the future

EntrepreneurshipEntrepreneurship• An entrepreneur is a person who starts

her own business because she believes she can make a better product or provide a better service than what existing companies can do.

• The most financially successful entrepreneurs invent completely new products or services

• Open book to page 108