A 30 minute slide presentation ideal for introducing personal finance principles to grade school or early high school students. Defines personal finance, and creates 10 simple "rules" for how to make good decisions that will allow someone to create savings and, ultimately, financial security.

1. Basics of
Personal
Finance
Dr. Timothy Kelly
tim@tkellyconsulting.com
A beginner’s
guide to
creating wealth

2. Personal Finance
Decisions and behaviors concerning:
• spending
• and investing money
• making

3. Life is a never-ending series of
decisions

4. Rule #1
To be happy in life you must learn
the difference between what you
N
E
E
W
A
N
VS

5. Rule #1
NEED WANT
25 cents
Free
$4
$1.50

6. Rule #2
To be happy in life you must learn
the difference between what you
have
NOW FUTUREVS
?

7. Rule #3
Our decisions
determine how
much we have in
the future

8. $2 $5
or
You have $5 to spend a day
on lunch…

9. Combine Rule #1-3
NOW FUTUREVS
NEED WANTVS
Good decisions

10. Combine Rule #1-3
Day 1 Day 30
$90!
The result of a decision to SAVE!

11. Rule #4
SAVING allows us to have more in
the future!
1 year = $1,095!!

12. Rule #5
INVESTING makes your money work
for you!
$1,095 x 3% interest = $32.85
CDs

13. Rule #6
CREDIT CARDS make you poor not
rich!
SAVE: Bank pays you 3% interest = $32.85
$1,095 + $32.85 = $1,127.87
CHARGE: You pay them 18% = $197.10
$1,095 + $197.10 = $1,292.10

14. Rule #7
LOTTERY makes you poor not rich!
Pick 6…
Chances of winning: 1 in 14 million!
Powerball 6+1 number: 1 in 292 million!
It’s a scam - SAVE instead!

15. Rule #8
Have a LIFE PLAN!
What are 3 things you want to see or do before
you die? Dream BIG!
Never stop LEARNING!
Rule #9

16. Rule #10
Believe in YOURSELF!
Only one person can hold you
back from being rich… YOU!
Good DECISIONS are the key to
financial security!