Agenda

LET’S GET STARTED!

Today’s Guiding Questions:

How can both current accounts and savings accounts afect your fnancial planning and management of your fnancial goals? What are the similarities and diferences between a stock and a bond?

SESSION #3 AGENDA:

1. Welcome 2. Attendance 3. Norms 4. Review Agenda 5. Current Accounts, Savings Accounts and Bonds 6. Stock Market Review 7. Project Work Time: Financial Planning for Janella 8. Whole Group Refection 9. Reminders for Next Session

What did the overworked asset say to the other asset? I feel so under depreciated

Think About It!

Do people still hide their money under their mattress?

Have you ever seen a movie or a cartoon where someone hides their money under their mattress? Or maybe you’ve heard your grandparents say they used to do this?

Hiding money under the mattress stemmed from the Great Depression-era when safes were not afordable and there was a deep distrust of fnancial institutions across the world. People trusted themselves and their homes to keep their money safe more than they trusted the bank.

While it is a good idea to keep some cash for an emergency, keeping money at home leaves a tremendous risk for theft or loss due to fre or another unexpected disaster. Need an example? In 2009, one woman replaced her mother’s old mattress, and later learned that it is where she hid her life savings of (estimated £810,875.56…). Here’s another… a man in Moline, Illinois, USA, accidentally donated a suit which had £10,544 in a pocket.