MONEY MANAGEMENT 101“MONEY MADE FUN”

FOR AGES: 11-19

Ryan MarshallSection 040

Nov.21, 2010

SO WHAT IN THE WORLD ARE WE EVEN TALKING ABOUT……?

Introduction

What Do We Even Need Money For? Shopping For Boys Strictly For Girls

What If I’m Too Young To Get a Job Though?

I’m Old Enough Now

Setting Goals

INTRODUCTION My Family never had a lot of money when I was

growing up, so I had to come up with some creative ways to make a buck until I was old enough to get a job.

What are some ways you guys were able to make money until you were old enough to get a job?

What are some of the things you like spending your money on?

We’ll also discuss why it’s important to set goals, even if it’s small ones.

SO WHAT DO WE NEED MONEY FOR? In my Word Document Titled “Money Management

101”, I used the $100 example If you had $100 dollars right now, what would you

spend it on? I know what I would Buy, more airsoft guns and

supplies

BUT MAYBE YOU BOYS WOULD RATHER SPEND YOUR MONEY ON THINGS LIKE

THESE….

A New Bike A Model Airplane

A Remote Controlled Car Summer Boy Scouting Trip

A Video Game Movie Night With Friends

A Pet Reptile Bowling With Friends Halloween Costume

Laser tag With Friends A Birthday Present

WHAT ABOUT YOU GIRLS, WHAT DO YOU LIKE TO SPEND YOUR MONEY ON?

Getting your hair doneGoing out for ice cream with your friends

Buying the newest ‘Twilight’ bookGetting some new makeup

Increasing your newly discovered shoe collectionBuying extra texts per month

Movie night with the girlsMore clothes…

BUT WHAT IF I’M TOO YOUNG TO GET A REAL JOB…..?

You could shovel snow from driveways around your neighborhood

Perhaps babysit for families you know Start a “landscaping service” to mow lawns in your

neighborhood Possibly have a bake sale during lunch at school Start a “dog-walking service” in the afternoons Pursue a craft that you can sell at local community

events or over the internet Contact local businesses, offer to make flyers and

promote their company

OR YOU COULD START A DOG-WASHING SERVICE….

SO NOW THAT I’M OLD ENOUGH FOR A JOB, WHERE SHOULD I LOOK?

There are a lot of places that are willing to hire someone without actual experience, you just need to know where to look.

Think about places you like spending your money. Hey, you may even get an employee discount if you work there!!!

Movie Theatres A Book Store A Toy Store The Arcade

A Hobby Store A Clothing Store

ALTHOUGH YOU MAY BE MAKING MONEY, IT’S IMPORTANT TO SEE WHAT YOU’RE SPENDING

IN THE PROCESS. HERE’S AN EXAMPLE OF THE MONEY SPENT TO RUN A BAKE SALE

OR SUPPOSE YOU’RE SAVING FOR A CAR. HERE’S A SPREADSHEET OF WHAT A CAR

PAYMENT MAY LOOK LIKE…..

IT’S IMPORTANT TO SET GOALS FOR SAVING THOUGH. YOU MAY END UP WANTING

SOMETHING MORE EXPENSIVE SOME DAY……

Like a car Or even a motorcycle

Perhaps a new computer An Ipod

A house someday Christmas presents

Or that new sports car you’ve had your eye on

FIN………