PPT-Saving Time and Money briefing your Lawyer

Local Government Compliance Inc Seminar at Fremantle Oval Friday 17 August 2018 Doc 2583353 Presented by Brenton Oakley Consultant a nd Anne Wood Partner Overview Part 1 Introduction. Protecting People Saving Money Through Prevention Saving Lives Protecting People Saving Money Through Prevention Saving Lives Protecting People Saving Money Through Prevention Saving Lives Protecting P 1. Compare . consumer choices for saving and investing. . 2. . Explain . the relationship . be tween . saving and investing. . 3. . Examine . reasons for saving and . investing. , e.g., time value of money. . This PowerPoint series is based on . Energy Savers Booklet, Tips on Saving Energy & Money at Home . developed by the U.S. Department of Energy.. Contents. 1. Save Energy and Money Today. 2. Your Home’s Energy Use. Taking care of your future wealth. What is the difference between saving and investing?. Portion of current income not spent on consumption. Saving. Purchase of assets with the goal. . of increasing future income. This PowerPoint series is based on . Energy Savers Booklet, Tips on Saving Energy & Money at Home . developed by the U.S. Department of Energy.. Contents. 1. Save Energy and Money Today. 2. Your Home’s Energy Use. Answer in your notes.. Saving. Lesson 5. Why is it important to . save. money?. Prepare for the future. Purchase something expensive (car, home). For emergencies. How do you save money?!. Don’t spend it! . Most people save and invest to meet a goal…. Buying a car. Continuing their education. Starting a family. First home. Build up a “rainy day” fund. Provide funds for a “comfortable” retirement. How . to live within one’s income . Income is received from work and is . limited . Budget is a tool to plan the spending and saving of . income. Reasons and benefits of saving . Uses and costs of credit . What is Saving?. Results in. Why Save?. Your present self impacts your future . self. By saving money . today. you will have financial security in the . future. What are examples of emergency expenses?. Saving. Saving money can be difficult. Many people do not know where to start. There are many ways to save and places to cut cost.. You will find suggestions in the slides that follow for how to start saving.. 2 | A ROADMAP TO YOUR JOURNEY TO FINANCIAL SECURITY | 3 Don’t Wait to Get Started YOU CAN DO IT! IT’S EASIER THAN YOU THINK. No one is born knowing how to save or to invest. Every suc - Some define money as anything acceptable I payment of goods and services or in settlement of debt. . Some say money is anything that performs the function of medium of exchange, measure of value and store of value .. PLANNING FOR THE FUTURE. WHY DO I NEED INSURANCE OR A RETIREMENT ACCOUNT WHEN I’M YOUNG AND . HEALTHY?. BLOCKING . THE COST OF RISK. Health. Auto. Life. Disability. Long-term care. Property. MINDSET FOR STARTING YOUNG. Its Advantages And Disadvantages. Mo. Money is a medium of exchange. It has purchasing power. It can be used to buy goods and services required by an individual. It is a unit to measure the value of a commodity. Money is a yardstick to measure...