The Progressive THINKERS: Financial Literacy

Showing posts with label Financial Literacy. Show all posts

Saturday, December 16, 2017

'Tis The Season-The Rich Get Richer and the Poor Get Poorer With Brandy Speer

Your Money Wisdom Guide: 12 Rules to Survive the Holidays

This is a radio show. Call in number 310-861-2349

11 AM to 1 PM PST Sunday 17 December 2017

Archived and Live version available at this link.

http://www.blogtalkradio.com/progressintheworld/2017/12/17/tis-the-season--the-rich-get-richer-and-the-poor-get-poorer-with-brandy-speer

Here are the 12 Rules

#1 Learn How Rich Are Out to Get You – Psychology and the Retail World

#2 Understand Money & Emotions - What are you feeling?

#3 The Past Holds the Key - Best & worst holiday memories?

#4 Review Your Holiday History – What is holiday reality?

#5 Visualize the Future -What is your vision of the perfect holiday?

#6 Create Holiday Spending Plan – Your Wish!

#7 Track Your Expenses – The Key

#8 Know the Signs of Deprivation – 3 Do’s to Stop Doing

#9 Pace Yourself – Avoid Stress Time and Energy

#10 Keep New Year in Focus – Future Dreams & Goals

#11 Avoid Money Mistakes During the Holidays

#12 Enjoy the Holidays! – A time to embrace Joy. Peace. Love.

Topic Discussion Questions:

1. What percentage of our economy is based on consumer spending?

2. How have you felt about the holidays in recent years?

3. Do your finances affect your emotions?

4. What emotions influence incorrect financial decisions?

5. Can you avoid having negative feelings about money?

6. Do cultural values influence our lifestyles and financial choices?

7. What is Psychology of Consumer Spending?

8. What are 3 Do’s we must stop doing?

9. What are money mistakes everyone makes during the holidays?

Some Topic Sources

National Financial Educators Council (NFEC)

The Penny Hoarder

Financial Recovery Institute

Special Guest:

Business Woman--Marine Veteran Lauren Rennella served in United States Marines; Licensed Insurance Agent, Financial Education Instructor, a passion for military families. Experienced first-hand, as a military leader, importance of personal money management. Her belief, face our fears head on!

info@yourmoneywisdomnow.com 888-818-5669

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New Year! New You!

Your Money Wisdom Financial Action Plan

Sunday, Jan 7, 2018, and Sunday, Jan 14, 2018 12:00 noon PT

Attendees - Fast Start Financial Action Plan Tool Kit and

eCourse Lifetime Access

Tuesday, April 4, 2017

35 Ways You Can Save $10,000 Radio Show

Listen to the show here

Call in number 310-861-2349

4 April 2017

7 PM to 9 PM

What you need to know that can make a big difference in your retirement forecast. Average pre-retirement Baby Boomer (Age 50 to 65) has a savings shortfall.

What should you be doing to save for your retirement, in your _____?

20’s

Recommended you set aside 15% of your salary for retirement. Contribute to your company’s retirement plan if one is offered. As your salary increases, ramp up percentage of income contribution. The benefits for savers in their 20s are huge.

30’s

It’s time to increase percentage of income contribution to company’s 401k or similar retirement plan. You still have a long time to let your money compound and grow prior to your retirement. Consider funding an IRA account.

40’s

You should be nearing your peak earning years. Strive to max out your contributions to your 401k. This is when college also creeps up on those of us with kids consider to save for your retirement instead of saving for college. There are other ways to pay for college, including having your children pay a portion. There are no second chances on saving for retirement.

50’s

This is our peak earning years, you should still strive to max out your contributions in 401k or similar retirement plan. Ideally, you are doing other saving and investing for retirement. Focus on funding your retirement rather than paying for your kids’ college tuition. You might need to care for aging parents. Take a serious look at your retirement plan, if behind consider cutting spending or plan on working a bit longer.

60’s

If you are behind, it is not too late to salvage your retirement, even into your 60s, might require working a bit longer or even part time into your retirement. Not the time cut back on contributions to your retirement plans. It’s important to carefully time when you claim Social Security

Retirement Impact on Families

The growing population of older people and the impact on their families. Defining the Generations.

Topic Questions for Follow-up and Review

1. Why most Baby Boomers will not be able to retire, unless…?

2. How much do Baby Boomers have saved for retirement?

3. How much should they have saved?

4. What is a more disturbing fact than the savings shortfall?

5. How can you build an Emergency Fund?

6. How much should you save for an Emergency Fund?

7. What does it take to be prepared for retirement?

8. Why you should be investing in your retirement plan?

THINGS TO REMEMBER – STEP 1

ü Face Your Fears

ü Embrace New Truths

ü Create Your Financial Action Plan

Some Topic Sources

United States Census Bureau

Pew Research Center

National Financial Educators Council (NFEC)

Center for a Secure Retirement

Register for Our eCourses, Webinars and Workshops

FLAN works with people/communities/organizations/businesses who want to embrace and join forces to bring the vision of financial education (personal money management) to themselves, their families, employees and communities

Course participants will learn how to properly manage their money, save, invest and grow it. It’s about dreams and goals!

Contact us to receive a complimentary 60 to 90-minute fun and engaging course by age

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Financial Literacy Action Network

Brandy Speer, Executive Director

1.760.845.5550 | direct

admin@yourmoneywisdomnow.com | email

www.FinancialLiteracyActionNetwork.org | website

Learn more about me here:

http://www.yourmoneywisdomnow.com/2016/12/financial-literacy-sales-presentation.html

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