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  • What can happen if you mismanage your money?

Step 4.- Answers may vary among students. To achieve your financial goals, it can be helpful to write them down on paper. Be as specific as possible about what you want to accomplish by certain points of time in the future, for example by next summer, next year, or by the time you graduate. Examples of short-term goals might be to buy a jacket or get a part-time job; examples of long-term goals might be to buy a car or create an emergency savings fund equal to three months of expenses.

Step 5.- Students may bring their short- and long-term goals into better focus by completing the worksheet on the following page. The teacher’s copy of this activity follows the students’ worksheet. Refer to Activity 1 .

Visual 1.

  • What’s the purpose of money? Imagine that for one day, money didn’t exist. What would be the impact on daily life?
  • Does the value of money stay constant? What are some factors that might affect the value of the dollar?
  • Has anyone here opened a savings account at a bank? What are the reasons you decided to do so?
  • Name an item that might increase (or decrease) in value the longer that you own it. Why would it be worth more (or less) over time?

Visual 2.

  • What are some future goals you have that are going to require saving money?
  • What are some things you never seem to have enough money for? How could creating a personal budget help you afford those things?
  • When you go shopping for a particular item, how do you decide whether the price is fair?
  • What are some things you could learn about someone by looking at his/her personal budget? If you were to look at the personal budgets of three different 18-year olds, what do you think some of the similarities (and differences) might be?
  • What can happen if you mismanage your money?

Activity 1: goal setting worksheet

NAME: ____________________________________________________________

This worksheet is divided into columns that indicate time spans in the future. Decide for each time period what goal you what to accomplish, then enter that item under the appropriate column. Be sure to include the amount of money you think you’ll need. As your plans or needs change, you can update your worksheet. You can work toward your goals by starting to save now – even by starting small.

By Next Month By Next Semester By Graduation Five Years After Graduation

Activity 1: goal setting worksheet

( INSTRUCTOR COPY )

This worksheet is divided into columns that indicate time spans in the future. Decide for each time period what goal you what to accomplish, then enter that item under the appropriate column. Be sure to include the amount of money you think you’ll need. As your plans or needs change, you can update your worksheet. You can work toward your goals by starting to save now – even by starting small.

Examples:

By Next Month By Next Semester By Graduation Five Years After Graduation
Buy a music CD Get a part-time job Buy a car Buy a house or a apartment
Buy tennis shoes Start saving $10 weekly Buy a big HDTV Open an IRA account
Buy a book Buy a printer Travel to Europe Save an amount equal to three months of salary.

Questions & Answers

what is variations in raman spectra for nanomaterials
Jyoti Reply
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
What fields keep nano created devices from performing or assimulating ? Magnetic fields ? Are do they assimilate ?
Stoney Reply
why we need to study biomolecules, molecular biology in nanotechnology?
Adin Reply
?
Kyle
yes I'm doing my masters in nanotechnology, we are being studying all these domains as well..
Adin
why?
Adin
what school?
Kyle
biomolecules are e building blocks of every organics and inorganic materials.
Joe
anyone know any internet site where one can find nanotechnology papers?
Damian Reply
research.net
kanaga
sciencedirect big data base
Ernesto
Introduction about quantum dots in nanotechnology
Praveena Reply
what does nano mean?
Anassong Reply
nano basically means 10^(-9). nanometer is a unit to measure length.
Bharti
do you think it's worthwhile in the long term to study the effects and possibilities of nanotechnology on viral treatment?
Damian Reply
absolutely yes
Daniel
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, Civis project - uprm. OpenStax CNX. Nov 20, 2013 Download for free at http://cnx.org/content/col11359/1.4
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