Welcome to BUS-121 Principles of Money Management

85 views Mar 3, 2023 BUS121 - Principles of Money Management Presentations

Welcome to our class! This first presentation is our introduction to the class. We present a definition and discuss the benefits of personal financial planning as well as how to develop a flexible financial plan. We end with a discussion of the influences on personal financial planning and present a road map that will take us through the entire semester.

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One of the most common attributes of highly successful people is that they are goal oriented. We want to learn from them!

This quick discussion will cover the financial aspects of career planning. One of the common misconceptions is that your career is the most important financial decision you will ever make. This is not true. Your career is important but it is not your most important financial decision. But if your career is not the most important financial decision, what is? What is the most important financial decision you will ever make? The answer will surprise you!

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79 views Aug 5, 2022 BUS121 - Principles of Money Management Presentations

For most all individuals, the two most important financial planning documents are the cash flow statement (a.k.a. income statement, income and expense statement, budget) and the net worth statement (a.k.a. balance sheet). In the chapter, we learn how to create these two documents. Keep them updated! Keep them current! They should serve you well for years to come.

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