PPT-Ideal Money and the Motivation of Savings

and Thrift   Introduction I have been talking at meetings about my ideas on the topic of Ideal Money for a few years now while the world by coincidence has passed through and . Today’s Essential Question:. The choices you make with your money determine the quality of your life.  . . You know that savings affects your future, but how does savings impact the economy as a whole?. Table of Contents. The Basics. Saving vs. Investing. The Time Value of Money. The Miracle of Compounding Interest. The How. Make Automatic Transfers. Set Up Investment Ladders. Open Tax-advantaged Accounts. Impacts of Enabling Savings. . Pascaline. Dupas - UCLA, CEGA. 16% of women have bank accounts. . (Gallup, 2010). Rates even lower in rural areas . (CEGA-affiliated studies). Uganda: <3 % (N= 5000 households) . Savings. and Thrift. Keynesianism. . It is as if what we call an "ideal money" (. having . u. ltra-stable . value) is . the . natural alternative concept to . that . sort of money which is to be expected . Does Money Motivate?. Introductions. Motivation is about having the will or desire to do something or to work a bit harder. E.g. degree of motivation to get out of bed to go to college or work. Motivation identifies aspects than can be enhanced through pay or responsibility. Making Choices about Saving and Investing. Introduction. With your shoulder partner. Read the introduction to . Making . C. hoices about Saving and Investing. .. After each paragraph, discuss with your partner while you take notes. . When the US was first established it had no reliable banking . system. The history of money in the . US was . closely tied to the development of the nation’s banking . system. Instability in the banking system has contributed to business . Safe. Liquid. Used For:. Large Purchases. Emergencies. Financial Security. Savings Tools. Are:. Checking Account. Savings Account. Money Market Account. Certificate of Deposit. U. S. Savings Bond. Where will you keep your savings?. SS.4.FL.3.3 Identify ways that people can choose to save money in many places-for example, at home in a piggy bank or at a commercial bank, credit union, or savings and loan. Determine goals for saving money. Identify savings options. Determine which savings options will help you reach your savings goals. Recognize which investment options are right for you. Homework. (Passport page 40). Today’s Essential Question:. The choices you make with your money determine the quality of your life.  . . You know that savings affects your future, but how does savings impact the economy as a whole?. 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.. you can buy what you can . n. ot buy today. Future Needs. Emergencies. Unexpected Expenses like . Illness, accident, death. Large Expenses. To meet larger expenses. l. ike purchasing a house, marriage,. Educator, 4-H. OSU Extension, Seneca County. Basic Banking Video. Discussion Questions. What are some ways in which you save money?. Where do you keep this money?. Do any of you currently have a bank account? .