1+-+Introduction+to+Personal+Finance.pdf - e c n a n i F l a n o s r e P o t Intro s c i m o n o c E e lessons th d a re u o y s a m e th te comple d n

1+-+Introduction+to+Personal+Finance.pdf - e c n a n i F l...

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Intro to Personal Finance EconomicsDownload your Unit 5 Guided Notes and complete them as you read the lessons.
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Welcome to a new unit!Personal finance economics focuses on aspects of the economy that directly affect you and decisions you may face as you move on through life.Some of these topics include:-rational decision making-future planning-financial institutions-investing-credit-insurance-and taxes
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1h=t =re you going to do =fter highschool?
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Throwback!Rational Decision MakingAt the start of the semester we discussed using cost-benefit analysis to make rational decisions. Remember:-a rational decision is one in which the benefits are greater than or equal to the costs-as you are moving into adulthood you will have to make a lot of decisions and should always weight the costs and benefits of each decision to make the best possible choices
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Future ChoicesClick to open a decision making matrix to look at your options after high school. You can click “File>Make a Copy” and edit it yourself. Plug in numbers in the columns to rank your choices. You can even change the criteria if you want.WOEB3cmAja6wdP0OVB5K6s_8PlXY83AA/edit?usp=sharing
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Budgeting-As you work and earn income it is important to plan and know how you will use your money.
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