Becoming Financially ResponsibleYour Future Is In Your Hands

Cassandra Anderson

ITEC 1301 - 2010 sp - 17579

Natalia Fofanova

University of Houston

Cassandra Anderson

Content Map

bull Becoming Financially Responsible

bull Presenter

bull Get Out (or Stay Out) of Debt

bull Advice from Dave Ramsey

bull Donrsquot Be Afraid To Downsize

bull Buying a Home

bull Can You Spot the Good vs Bad Financial Images

bull Bio-diesel (copied slide)

bull Your Car

bull Keep Track of Your Expenses

bull Identity Fraud

bull Areas To Begin Improving On

bull Credits

bull In Conclusion

Cassandra Anderson

Presenterbull My name is Cassandra Anderson and I am the

presentercreator of this presentations

bull I believe at one point in our lives we all struggle with finances especially throughout our younger years So from my personal experience as well as some research I put this together to help anyone who may be struggling with their finances right now Enjoy

Cassandra Anderson

Get Out (or Stay Out) of Debt

bull If you attempt to start being financially responsible while in debt the debt will continue to grow (thanks to those interest rates) and you will have a harder time becoming financially stable

bull If you are in debt try to put together a plan of making payments to get rid of it

Cassandra Anderson

Click or scroll over to play sound

Advice from Dave Ramseybull Below is a 5 minute video of Dave Ramsey well

known author and host of the Dave Ramsey Show about becoming financially responsible

Click here to visit Dave Ramseys Website

Cassandra Anderson

Content Map

bull Becoming Financially Responsible

bull Presenter

bull Get Out (or Stay Out) of Debt

bull Advice from Dave Ramsey

bull Donrsquot Be Afraid To Downsize

bull Buying a Home

bull Can You Spot the Good vs Bad Financial Images

bull Bio-diesel (copied slide)

bull Your Car

bull Keep Track of Your Expenses

bull Identity Fraud

bull Areas To Begin Improving On

bull Credits

bull In Conclusion

Cassandra Anderson

Presenterbull My name is Cassandra Anderson and I am the

presentercreator of this presentations

bull I believe at one point in our lives we all struggle with finances especially throughout our younger years So from my personal experience as well as some research I put this together to help anyone who may be struggling with their finances right now Enjoy

Cassandra Anderson

Get Out (or Stay Out) of Debt

bull If you attempt to start being financially responsible while in debt the debt will continue to grow (thanks to those interest rates) and you will have a harder time becoming financially stable

bull If you are in debt try to put together a plan of making payments to get rid of it

Cassandra Anderson

Click or scroll over to play sound

Advice from Dave Ramseybull Below is a 5 minute video of Dave Ramsey well

known author and host of the Dave Ramsey Show about becoming financially responsible

Click here to visit Dave Ramseys Website

Cassandra Anderson

Presenterbull My name is Cassandra Anderson and I am the

presentercreator of this presentations

bull I believe at one point in our lives we all struggle with finances especially throughout our younger years So from my personal experience as well as some research I put this together to help anyone who may be struggling with their finances right now Enjoy

Cassandra Anderson

Get Out (or Stay Out) of Debt

bull If you attempt to start being financially responsible while in debt the debt will continue to grow (thanks to those interest rates) and you will have a harder time becoming financially stable

bull If you are in debt try to put together a plan of making payments to get rid of it

Cassandra Anderson

Click or scroll over to play sound

Advice from Dave Ramseybull Below is a 5 minute video of Dave Ramsey well

known author and host of the Dave Ramsey Show about becoming financially responsible

Click here to visit Dave Ramseys Website

Cassandra Anderson

Get Out (or Stay Out) of Debt

bull If you attempt to start being financially responsible while in debt the debt will continue to grow (thanks to those interest rates) and you will have a harder time becoming financially stable

bull If you are in debt try to put together a plan of making payments to get rid of it

Cassandra Anderson

Click or scroll over to play sound

Advice from Dave Ramseybull Below is a 5 minute video of Dave Ramsey well

known author and host of the Dave Ramsey Show about becoming financially responsible

Click here to visit Dave Ramseys Website

Cassandra Anderson

Advice from Dave Ramseybull Below is a 5 minute video of Dave Ramsey well

known author and host of the Dave Ramsey Show about becoming financially responsible

Click here to visit Dave Ramseys Website

Cassandra Anderson

Donrsquot Be Afraid To Downsize

bull Big houses and fancy cars may look nice but they are extremely expensive You could downsize to a house that fits your family and an average car that suits your needs and save money Also see what unnecessary expenses you have and cut them out

Cassandra Anderson

Buying a Home

bull This is a family who bought a house that was within their budget which they can pay off in 8 years

bull This is a family who bought a house they couldnrsquot afford so not only are they in debt because of it the home was foreclosed

Cassandra Anderson

Can You Spot the Good vs

Bad Financial Images

Cassandra Anderson

Bio-diesel (copied slide)

bull Positive it is affordable renewable easy for the average person to make and can be a higher quality than fossil fuel based diesel can be used in diesel engines with no modification

bull Negative it is still a combustible fuel which means it still has harmful emissions

Your Car

bull New cars cost more and depreciate faster

bull Find a used car that is still in good condition and will last a few years

bull If you have an older car that you think wont last longer compare the cost of all repairs versus a new vehicle

bull Also compare auto insurers these days companies have you paying for more than you need

Cassandra Anderson

Keep Track of Your Expenses

bull How often do you look at your bank account and think it is too low and there is no way you spent that much

bull Many people use the ease of swiping a credit card or writing checks because it takes a few days to be withdrawn from their account without actually keeping track of how much they are really spending and by the time the bank or credit card statement comes in the damage is done

bull Find a way that is easier for you to keep track so you know how much money you have spent even if it hasnrsquot reflected on your bank account yet

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Buying a Home

bull This is a family who bought a house that was within their budget which they can pay off in 8 years

bull This is a family who bought a house they couldnrsquot afford so not only are they in debt because of it the home was foreclosed

Cassandra Anderson

Can You Spot the Good vs

Bad Financial Images

Cassandra Anderson

Bio-diesel (copied slide)

bull Positive it is affordable renewable easy for the average person to make and can be a higher quality than fossil fuel based diesel can be used in diesel engines with no modification

bull Negative it is still a combustible fuel which means it still has harmful emissions

Your Car

bull New cars cost more and depreciate faster

bull Find a used car that is still in good condition and will last a few years

bull If you have an older car that you think wont last longer compare the cost of all repairs versus a new vehicle

bull Also compare auto insurers these days companies have you paying for more than you need

Cassandra Anderson

Keep Track of Your Expenses

bull How often do you look at your bank account and think it is too low and there is no way you spent that much

bull Many people use the ease of swiping a credit card or writing checks because it takes a few days to be withdrawn from their account without actually keeping track of how much they are really spending and by the time the bank or credit card statement comes in the damage is done

bull Find a way that is easier for you to keep track so you know how much money you have spent even if it hasnrsquot reflected on your bank account yet

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Can You Spot the Good vs

Bad Financial Images

Cassandra Anderson

Bio-diesel (copied slide)

bull Positive it is affordable renewable easy for the average person to make and can be a higher quality than fossil fuel based diesel can be used in diesel engines with no modification

bull Negative it is still a combustible fuel which means it still has harmful emissions

Your Car

bull New cars cost more and depreciate faster

bull Find a used car that is still in good condition and will last a few years

bull If you have an older car that you think wont last longer compare the cost of all repairs versus a new vehicle

bull Also compare auto insurers these days companies have you paying for more than you need

Cassandra Anderson

Keep Track of Your Expenses

bull How often do you look at your bank account and think it is too low and there is no way you spent that much

bull Many people use the ease of swiping a credit card or writing checks because it takes a few days to be withdrawn from their account without actually keeping track of how much they are really spending and by the time the bank or credit card statement comes in the damage is done

bull Find a way that is easier for you to keep track so you know how much money you have spent even if it hasnrsquot reflected on your bank account yet

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Bio-diesel (copied slide)

bull Positive it is affordable renewable easy for the average person to make and can be a higher quality than fossil fuel based diesel can be used in diesel engines with no modification

bull Negative it is still a combustible fuel which means it still has harmful emissions

Your Car

bull New cars cost more and depreciate faster

bull Find a used car that is still in good condition and will last a few years

bull If you have an older car that you think wont last longer compare the cost of all repairs versus a new vehicle

bull Also compare auto insurers these days companies have you paying for more than you need

Cassandra Anderson

Keep Track of Your Expenses

bull How often do you look at your bank account and think it is too low and there is no way you spent that much

bull Many people use the ease of swiping a credit card or writing checks because it takes a few days to be withdrawn from their account without actually keeping track of how much they are really spending and by the time the bank or credit card statement comes in the damage is done

bull Find a way that is easier for you to keep track so you know how much money you have spent even if it hasnrsquot reflected on your bank account yet

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Your Car

bull New cars cost more and depreciate faster

bull Find a used car that is still in good condition and will last a few years

bull If you have an older car that you think wont last longer compare the cost of all repairs versus a new vehicle

bull Also compare auto insurers these days companies have you paying for more than you need

Cassandra Anderson

Keep Track of Your Expenses

bull How often do you look at your bank account and think it is too low and there is no way you spent that much

bull Many people use the ease of swiping a credit card or writing checks because it takes a few days to be withdrawn from their account without actually keeping track of how much they are really spending and by the time the bank or credit card statement comes in the damage is done

bull Find a way that is easier for you to keep track so you know how much money you have spent even if it hasnrsquot reflected on your bank account yet

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Keep Track of Your Expenses

bull How often do you look at your bank account and think it is too low and there is no way you spent that much

bull Many people use the ease of swiping a credit card or writing checks because it takes a few days to be withdrawn from their account without actually keeping track of how much they are really spending and by the time the bank or credit card statement comes in the damage is done

bull Find a way that is easier for you to keep track so you know how much money you have spent even if it hasnrsquot reflected on your bank account yet

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Identity Fraud

bull Identity fraud is one of the fastest growing crimes in America

bull Take every precaution you can to not let this crime affect you

bull Once your identity is stolen and your bank account drained it is almost impossible to get your hard earned and saved money back

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Areas To Begin Improving On

Cassandra Anderson

Food

bull Eating out adds up quick especially if you eat out for every meal Also avoid alcoholic beverages go home and make your own

bull Instead try making meals at home and take leftovers for lunch Not only are they cheaper but they are also better for you

Credit

bull See how long you can go without using your credit card Pay with cash or check it is easier to keep track of than a credit card

bull If you donrsquot have the money to buy something when you want it wait until you do Donrsquot put it on the credit card

Save

bull Give yourself a limit maybe $40 per week and see how far you can make it stretch Then gradually try to reduce that amount

bull Try to take a certain dollar amount out of each paycheck and put to the side to be untouched until needed This can add up quick

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

Credits

bull Dave Ramseybull YouTubebull Google

New Homes Section Hot Coupon World Financial Coaching CEO World Word Press Village Voice eHow College OTR Green Budget

Cassandra Anderson

bull Only YOU can give yourself the financial future you deserve

bull ldquoYou will never possess what you do not pursuerdquo

Cassandra Anderson