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Financial Literacy 2.0 Christopher S. Penn, CMO, Edvisors

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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Please consider whether you actually

need to print this.

Slides will be available at blog.edvisors.com

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Full Disclosure

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Ste

ph

en

K. H

ayes

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What it is

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... ability to make informed judgements and effective

decisions about the use and management of their

money...

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Why we preach it

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Growth over 12 years: ZERO

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Why we fail

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DRYDRY

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Think MMO.Think MMO.

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MeansMotive

Opportunity

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AbilityDesireChance

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MeansMotive

Opportunity

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Mint.comMint.com

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Wesabe.comWesabe.com

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Geezeo.comGeezeo.com

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docs.Google.comdocs.Google.com

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Mobile appsMobile apps

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voice.Google.comvoice.Google.com

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Cash Flow

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Tools don’t matter if no

one uses them

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MeansMotive

Opportunity

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Exercise 1:

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

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Which took longer?

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Exercise 2:

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

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What did you do?

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Scarcity vs.

abundance

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Exercise 3:

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

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Exercise 3:

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

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Reclaim responsibility

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MeansMotive

Opportunity

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

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Export firmnut buyer$642,000

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How to practice abundance

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How to create abundance

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Want to keep the conversation going?

[email protected]

@edvisors@cspenn

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