FINANCIAL WELLBEING PRESENTATION
TEACHING YOUTH ABOUT MONEY
SESSION 2
Activity:
- Use this template to create your own SMART goal: SMART Goal Template
Link to the compound interest calculator: https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
You can also watch this video about the power of compound interest and the importance of getting in the habit of saving:
The Cost of Borrowing:
- Rent vs Buy Calculator: https://moneysmart.gov.au/other-ways-to-borrow/rent-vs-buy-calculator
- Payday Loan Calculator: https://moneysmart.gov.au/loans/payday-loan-calculator
- Credit Card Calculator: https://moneysmart.gov.au/credit-cards/credit-card-calculator
Additional Activities:
You can also download this presentation here: Financial Wellbeing Week 2