Financial Literacy 2.0 @ MASFAA 2009

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This session will review some of the best online personal finance tools available to students; many of which are free! It will also explore and teach how students can begin to be financially self-sufficient through proven tactics for generating cost of living income.

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Financial Literacy 2.0

Christopher S. Penn, CMO, Edvisors

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Slides will be available at blog.edvisors.com

Full Disclosure

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K. H

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What it is

... ability to make informed judgements and effective

decisions about the use and management of their

money...

Why we preach it

Growth over 12 years: ZERO

Why we fail

DRYDRY

Think MMO.Think MMO.

MeansMotive

Opportunity

AbilityDesireChance

MeansMotive

Opportunity

Mint.comMint.com

Wesabe.comWesabe.com

Geezeo.comGeezeo.com

docs.Google.comdocs.Google.com

Mobile appsMobile apps

voice.Google.comvoice.Google.com

Cash Flow

Tools don’t matter if no

one uses them

MeansMotive

Opportunity

Exercise 1:

List 4 things you like about money.List 4 things you don’t like about money.

Which took longer?

Exercise 2:

Suppose you have a magic money wand. What would you do with it?

What did you do?

Scarcity vs.

abundance

Exercise 3:

Tell a story about a lottery-type experience, part 1.

Exercise 3:

Tell a story about a lottery-type experience, part 2.

Reclaim responsibility

MeansMotive

Opportunity

$150,000 top prize$150,000 top prize

Export firmnut buyer$642,000

How to practice abundance

How to create abundance

Want to keep the conversation going?

www.Edvisors.comcspenn@edvisors.com

@edvisors@cspenn

Join our LinkedIn Financial Aid Group!

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