Join Jane Barratt for an in-depth discussion in this video Thinking differently about savings, part of Managing Your Personal Finances.
- You work hard for your money, and once you earn it,…there's four places your money can go.…You can spend it, save it,…give it away, or invest it.…In this session, we're gonna talk about savings,…and the three steps that will enable you to think…differently about the value of savings in your life.…First, let's put your money into context.…Why should you save?…Consider this.…Every dollar you make and spend is part…of the bigger picture of the economy.…It's your spending, and people just like you,…that generates the value in the economy,…not the banks, or the factories, or Wall Street, it's you.…
How much you keep of what you earn and what you do with it,…is your own personal economy,…it's one that you have control over.…There's so much competition for your attention…and for your dollars, and unless you have a specific…strategy or plan, it's all too easy for your…savings to become your vacation budget, or…the way you pay for your car repairs.…To get that plan together, consider the second step,…which is, how you save.…
- Maximizing your earning potential
- Planning for future earnings
- Budgeting and spending
- Understanding your credit score
Skill Level Appropriate for all
Next steps2m 49s
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