Click the links below to view detailed instructions for each activity. Once you've reviewed the instructions, practice developing a Life Plan for Mr. Mo Money.
ACTIVITY INSTRUCTIONS:
1) Life PlanBuild your short-term and long-term life plan by adding goals to a visual calendar.
2) My Money ProfileConsider the type of lifestyle you want to have and how comfortable you are with taking financial risks to achieve your goals.
3) Net WorthBuild a Net Worth statement - an indicator of your personal wealth.
4) Budget & Cash FlowAdd up all the money you you receive each month and subtract all the money you pay out.
5) Buy & SellDiscover the cost of common products and how they may lose monetary value over time.
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6) Job IncomeDetermine how much money you can earn with a job, minus employment deductions and taxes.
7) Career & EducationDetermine the financial benefits and costs of education for a specific job.
8) LoansCalculate various loan options.
9) Investing & ROICalculate the Return On Investment (ROI) of various investment options.
10) RetirementDetermine how much money you may need when you retire.
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