PowerPoint Content Sides Include: • Program objectives (6 points) • Money management (4 points) • Prioritizing your budget (5 slides) • Budget box system (3 points) • Computer system (5 points) • Expense envelope system (4 points) • Sample daily spending diary worksheet (graphic) o Daily spending diary worksheet (3 points) • Monthly income and expense worksheet (8 points + graphic) • Monthly payment calendar (6 points) • Monthly expenses (6 points) • Selling a car (10 points) • Car loan shopping guide (8 points) • Dealer financing (5 slides) • To loan or to lease (2 points + 2 graphics) • Trade-in tips (8 points) • A home for every family (2 points) • Ideas (4 points) • Homeowner education program (4 points) • Government loan program (3 slides) • Are you ready to buy a home? (5 slides) • Components of a low mortgage loan payment (5 points + graphic) • Federal housing administration (FHA) insured loans (4 points) • VA insured loans (5 points) • FNMA and Freddie Mac (5 points) • USDA loan program (graphic) • How much mortgage can I afford? (3 points) o What lenders look for (3 points) o What lenders require (7 points) • Mortgage terms (4 slides) • Checks (6 points) • Pre-printed information (5 points) • Back of the check (2 slides) • Bounce protection (11 points) • Checking account fees (3 points) o What fees can I expect? (graphic) • Determine your account needs (2 points + graphic) • Choosing a checking account (3 points) o Checking account checklist o Checking account (2 points) o Types of checking accounts (2 points) o Low-cost checking (4 points) o ATM checking (4 points) o Regular checking (2 points) o Interest checking (2 points) • Consequences of bouncing a check (3 slides) • Protecting yourself (3 slides) • Deposit slip for cash (9 slides) • Checking account register (2 points + graphic) o Correcting a mistake (2 points) o Voiding checks (2 points) • Check for cash (4 points) • Less cash received (3 slides + graphic) • Collateral (3 slides) o Credit decisions • Bankruptcy (7 points) • Credit counseling (6 points) o Debt management (5 slides) • Credit report (5 points) • Fair credit reporting act (3 points) • Credit counseling agencies (7 slides) • Credit decisions (point + graphic) • Applying for credit (9 points) • Cost of credit (2 slides) • Credit terms (3 points + graphic) • Building credit history (5 slides) • Repairing your credit (4 points) • Repairing credit using counseling agencies (3 slides) • The truth about credit repair (5 slides) • Credit and debit cards (graphic) • Spending (10 points) • Conclusion (2 points) • Actions steps (16 points)

1. MONEY
MANAGEMENT
(personal)
readysetpresent.com

2. readysetpresent.com
Program Objectives
Money Management
2
Make loan and lease decisions.
Create and maintain a balanced budget.
Make knowledge-based home and car purchasing
decisions.
Write checks.
Responsibly avoid debt.
Repair credit problems.

3. readysetpresent.com
Daily Spending Diary Worksheet
(2 of 2)
Money Management
17
Using this budgeting
tool, you can track
where your money
is going.
You are far more likely
to save your money when
you see how much small,
miscellaneous purchases,
such as coffee and soda
can add up.
What did I spend my
money on today?

4. readysetpresent.com
Monthly Income and Expense Worksheet
(1 of 5)
Money Management
18

5. Research before
putting your car up for
sale.
Prospective buyers
may try to give you
less money for your
car than it is actually
worth.
Know your car’s blue
book value – the
standard market price
you can expect in a
private sale.
Blue books for used
cars can be
purchased at most
book stores.
readysetpresent.com
Selling a Car
(1 of 3)
Money Management
28

6. readysetpresent.com
To Loan or to Lease?
(1 of 3)
Money Management
39
Ownership PotentialCar Loan Lease
The car belongs to you and the bank that gave
you the loan until you have paid off the loan.
Then, the car becomes yours.
You are essentially renting the car from the
dealership. The lease is like a rental agreement. You
make monthly payments to the dealership for a set
number of years. But the car does not belong to
you. When the lease ends, you have to return the
car to the dealership.
No additional costs for wear and
tear are in your loan agreement.
Most leases charge you extra money for
any damage found at the end of the lease
that goes beyond “normal wear and tear.”
Monthly payments
Payments are higher. However, at
the end of the loan, you own the
car.
Payments are lower because you are not purchasing
the car; the dealership still owns it. Once your lease
ends, you turn the car back in, and the dealership can
sell it or lease it to another customer. If you decide to
purchase the car at the end of the lease, the cost will be
more.

7. readysetpresent.com
Are You Ready to Buy a Home?
(1 of 5)
Money Management
53
Do you have a steady source of income? This usually means having a job or other source of
income.
Have you been employed on a regular basis for 2-3 years?
Do you have a credit history? Have you ever borrowed money for any purpose?
Is your income reliable?
Do you have a good record of paying bills?
Are you able to pay your bills and other debts?
Do you have the ability to make a mortgage payment every month and handle additional costs for
taxes, insurance, maintenance, and repairs?
Do you have money saved for a down payment and closing costs?
Ask yourself…

8. Principle
Insuranc
e
Taxes
Interest
readysetpresent.com
Components of a Low Mortgage Loan Payment
(1 of 3)
Money Management
58

9. readysetpresent.com
Bounce Protection
(2 of 3)
Money Management
85
If you use Bounce
Protection, you need
to remember the
bank's normal
insufficient funds
(NSF) fee for each
transaction will be
deducted from your
limit.
As in the past, the
bank will notify you
by mail when an
overdraft occurs.
No interest will be
charged on your
overdraft balance.

10. How many checks will you
write every month?
Do you want a bank that is close to
your home or work?
What are the bank’s hours of
operation?
Will you use the ATM often?
Does the bank have ATMs close to you
live or work?
How often do you plan to use teller
services?
What other bank services are important
to you?
Ease
How much money will you keep in your
account?
Will you be charged for writing extra
checks?
Are you willing to pay a monthly fee?
If so, how much?
Will you be charged to use your bank’s
ATM?
Will you be charged for using other
banks’ ATMs?
Will you be charged for using teller
services?
Are there ways to avoid paying fees?
Costs
readysetpresent.com
Determine Your Account Needs
(2 of 2)
Money Management
90

11. Some states have monetary
penalties, such as $1,500 fine.
Others may actually call for jail time and a fine.
In some states, writing a bad check is a felony with
imprisonment for up to five years.
readysetpresent.com
Consequences of Bouncing a Check
(3 of 3)
Money Management
104

12. readysetpresent.com
Bankruptcy
(3 of 3)
Money Management
127
A new law requires that you
must get credit counseling
before you can file for
bankruptcy.
Bankruptcy is very serious and
stays on your credit record for
10 years. Use it only as a last
resort.

13. readysetpresent.com
Credit Counseling
(1 of 3)
Money Management
128
Contact a credit councilor if you are:
Not disciplined enough to create a
workable budget and stick to it.
Cannot work out a repayment plan
with your creditors.
Cannot keep track of mounting bills.
Many credit counseling
organizations are nonprofit
and work with you to solve
your financial problems.

14. readysetpresent.com
Credit Counseling Agencies
(7 of 7)
Money Management
144
“Will you help me plan for payment of these debts?”
“Who will help me if I have problems with my accounts or creditors?”
“How secure is the information I provide to you?”
“Will this appear on my credit report?”

15. When you apply for credit, the
lender will review the “Four C’s”
to decide whether you are a
good credit risk (whether you
are likely to pay back the loan).
readysetpresent.com
Credit Decisions
Money Management
145
Capacity Capital
Characte
r
Collatera
l

16. readysetpresent.com
Credit & Debit Cards
Money Management
167
Credit cards Debit cards
Buy now pay later Buy now pay now
Interest charges
Freebies, such as cash rebates and
bonus points are good for travel deals.
There are some purchase protections
It is easier and faster than writing a check.
Avoid debt problems. More cards are now
offering freebies. There are some purchase
protections.
Other Potential Benefits
There are fees and penalties. Also, not all
cards offer grace periods (time to repay
without incurring interest). Over-spending can
cause debt problems.
There are fees on certain transactions. You
may overdraw your account if you are lax
about recording debit card transactions.

17. FOR MORE INFORMATION
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