1 BRESEE BANK Spend Your Money and Have Some Left Over.

1

BRESEE BANKSpend Your

Money

and Have Someand Have Some

Left OverLeft Over

2

YOUR EFFORTS TO GET YOU WHAT YOU WANT

Cash Points ActivityChips $0.75 120 Homework?Coke $0.75 120 Computer Lab Work?Hot Dog $1.00 100 Personal research?Trips $35.00 3,500 4.0 Report card ++++?CD Player/MP3 $100.00 10,000 Complete 2 WorkshopsDVD Player $190.00 19,500 Complete 4 WorkshopsPlay Station 2 $200.00 30,000 Complete 6 Workshops

2

3

Food Shelter Clothes

What Do You Need?

Cell phone with camera and

streaming video?

4

Pay for Monthly Needs in Points

Food = 6,000 pts?

Rent = 20,000 pts?

Car = 3,500 pts?

5

What Do You Want? Cadillac Escalade, Gucci Leather Seats?Cadillac Escalade, Gucci Leather Seats? $10 Million House?$10 Million House? Michael Jordan Shoes?Michael Jordan Shoes? Jacobs Jewelry - $10 Mil Rock?Jacobs Jewelry - $10 Mil Rock? DJ Equipment?DJ Equipment? No Worry? No Worry? Give money away?Give money away?

6

What Do You Need?

House …. But $10 million house?

To Get Around…. But Escalade?

Cell phone….But camera and

streaming video?

7

Good ChoosingSpending is taking money

out of your bucket

HOW DO YOU DECIDE ??????

8

Who Affects Your Choices?Advertisers?Impress your friends?friends?Envy?Being first?Family?Addictions?

9

Spending to Live Your LifeWhat do you need?

FoodHousing

TransportationPersonal careEntertainment

Child careMiscellaneousSchool Loans9

10

Style, Baby…

Playing the Lifestyle Game

11

Your Monthly IncomeYour Monthly Income

Single $1,750

Single with child $1,750

Couple $3,500

Couple with child $3,500

12

Your Brilliant Budget•  •Per month

•You Earn • 

• 

•You Spend •

• 

•Housing • 

•Eating • 

•Getting around • 

•Have some fun • 

•Looking good • 

•And some stuff • 

•Care for baby • 

•School loans • 

•Savings • 

•Total spent • 

•Subtract from • 

• You Make • 

•Left Over? • 

13

• Single • Single • Couple • Couple

• with child • w/o child • with child

•Live with family •$100.00 •$200.00 •$250.00 •$300.00

•Rent room someone else's home •$415.00 •$430.00 •$430.00 •$445.00

•Rent small apartment •$665.00 •$680.00 •$695.00 •$695.00

•Rent 2 bedroom home •$1,200.00 •$1,400.00 •$1,600.00 •$2,000.00

Housing Costs

14

Eating•Single

•Single with child

•Couple w/o child

•Couple with child

•Eat cheap -- coupons, cook at home, mooch off parents •$110.00 •$115.00 •$300.00 •$315.00

•Move up -- some store brands, fast food once in awhile •$155.00 •$195.00 •$450.00 •$520.00

•Spending more -- packaged stuff, fast food joints, some very nice restaurants •$190.00 •$285.00 •$600.00 •$695.00

•Easy life -- restaurants every day, or full meals from the grocery store •$225.00 •$380.00 •$700.00 •$780.00

15

Getting Around

•Single•Single with child

•Couple w/o child

•Couple with child

•Bike or walk •$20.00 •$20.00 •$20.00 •$20.00

•Public transportation •$30.00 •$50.00 •$75.00 •$75.00

•Get wheels -- used car or cycle, buy insurance, gas, maintain •$275.00 •$300.00 •$300.00 •$300.00

•Top of the line - new car or cycle, buy insurance, gas, maintain •$375.00 •$400.00 •$475.00 •$475.00

16

Have Some Fun….

•Single

•Single with child

•Couple w/o child

•Couple with child

•Cheap -- rent videos, use library, play for free in parks •$25.00 •$25.00 •$50.00 •$50.00

•More fun -- still renting videos, but out with friends sometimes and some used CDs •$40.00 •$50.00 •$75.00 •$75.00

•Now we're living -- movies, sometimes concerts with friends, CDs on sale •$60.00 •$75.00 •$100.00 •$100.00

•Whee -- living high, out with friends, get that fancy home theater, buy the new CD releases •$125.00 •$150.00 •$200.00 •$200.00

17

Keep Looking Good…

•Single

•Single with child

•Couple w/o child

•Couple with child

•On the cheap -- friend cuts your hair, wash clothes at mom's, thrift shop clothes, 99c for shampoo •$50.00 •$75.00 •$110.00 •$125.00

•Friend does your hair, wash at laundromat, clothes and shampoo at discount store •$75.00 •$100.00 •$110.00 •$150.00

•Supercuts for hair, laundromat and even dry cleaners, clothes on sale, shampoo at 99c •$120.00 •$140.00 •$160.00 •$175.00

•Lux living -- hair at salon, dry clean clothes, drug stores for shampoo, clothes from mall •$200.00 •$250.00 •$300.00 •$400.00

18

And Some Stuff…

•Single

•Single with child

•Couple w/o child

•Couple with child

•Bare necessities -- little insurance, make presents for friends •$55.00 •$55.00 •$60.00 •$65.00

•Little more insurance, donate a little, gifts on sale •$60.00 •$70.00 •$80.00 •$90.00

•OK lots of insurance, donate a little, buy some books, get NICE presents, take classes, get a dog (or cat) •$110.00 •$140.00 •$155.00 •$170.00

•Insure everything, donate lots, get great presents, buy books AND magazines, classes and another dog •$200.00 •$220.00 •$250.00 •$270.00

19

Taking Care of Baby

•Single•Single with child

•Couple w/o child

•Couple with child

•Use parents/relatives for child care •$0.00 •$0.00 •$0.00 •$0.00

•Use babysitters occasionally •$0.00 •$25.00 •$0.00 •$25.00

•Pay for part time child care •$0.00 •$175.00 •$0.00 •$175.00

•Pay for full time child care •$0.00 •$350.00 •$0.00 •$350.00

20

Paying for School•Years of College •Years of Grad. School •Total Cost •10 year Monthly Loan

•Poet • - • - • - •0

•Military PFC • - • - • - •0

•Teacher • 4 • 1 • $179,000 • $746

•Social worker • 4 • • $124,000 • $517

•Cosmetologist • 2 • - • $6,000 • $25

•Police officer • 2 • - • $62,000 • $258

•Government administrator • 4 • - • $124,000 • $517

•Chef • 2 • $62,000 • $258

•Day care owner • - • - • - • -

•Engineer / computer • 4 • - • $124,000 • $517

•Psychologist/counselor • 4 • 2 •$234,000 • $975

•Realtor • 4 • $124,000 • $517

•Architect • 4 • $124,000 • $517

•Corporate manager • 4 • - • $124,000 • $517

•Entertainer/athlete • - • - • - • -

•Lawyer/Doctor • 4 • 3 • $389,000 • $1,621

21

• •Single ••Single with

child•Couple w/o

child• •Couple with

child

•Really cheap ••$360.00 •$490.00 •$790.00 ••$875.00

•Thrifty •$775.00 •$920.00 •$1,220.00 •$1,380.00

•Moderate spender •$1,420.00 •$1,795.00 •$2,010.00 •$2,310.00

•Pulls out all the stops •$2,325.00 •$3,150.00 •$3,525.00 •$4,475.00

•Income •$1,750.00 •$1,750.00 •$3,500.00 •$3,500.00

How Did You Do on Spending for Your Style…

21

22

Savings

How much did you How much did you

paypay YOURSELF?

23

Using Other People’s

NEXT CLASS

BORROWING MONEY!!