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Personal Finance:  Another Perspective Time Value of Money
Objectives ,[object Object],[object Object]
How important is interest? ,[object Object],[object Object]
Assessment #1: Pay or Earn Interest ,[object Object]
Answer #1: Interest ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessment #2: The Savings Model ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Answer #2: Savings ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Answer #2
Answer #2  (continued)
Assessment #3: The Expensive Car ,[object Object],[object Object],[object Object],[object Object]
Answer #3: The Car ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessment #4: The Costly Mistake ,[object Object]
Answer #4: The Costly Mistake ,[object Object],Time Really makes a difference—do it Now!!
Answer #4: The Costly Mistake  (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessment #5: Adjusting for Inflation ,[object Object]
Answer #5: Inflation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Answer #5: Inflation   (continued) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessment #6: Effective Interest Rates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Answer #6: Effective Interest Rates ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assessment #7: Credit Cards ,[object Object],[object Object],[object Object],[object Object]
Answer #7: Credit Cards ,[object Object],[object Object],[object Object],[object Object]
Answer #7: Credit Cards  (continued) ,[object Object],[object Object],[object Object],[object Object]
Review of Objectives A. Do you understand the importance compound interest and time?

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The Time Value Of Money