100 Concepts and Skills in 10 Days Part 8 (Day 10)
Day 10: Disposable Income, Spare Time, Cost of Having a Family and Dealing With Change
– What is Discretionary Income
– What is Debt Consolidation
– What is Bankruptcy- Why Can’t Student Loans be “Discharged”
– Basic Costs Associated With Families and Relationships (Personal and Professional)
– Basic Financial and Time Costs of Raising Kids
– How Does Society and the Economy Change
– What is “Lifestyle Inflation”
– What is “Minimalism”
100 Concepts and Skills in 10 Days Part 7 (Day 9)
Day 9: Savings, Emergency Funds and Starting a Business
– Basic Savings Strategies
– The “Latte Factor” and How Small Purchases Add Up
– Why are Emergency and Opportunity Funds Important
– How Much Do You Need to Save For Your Living, Expense and Income Situation
– How To Determine if Starting A Business Makes Sense
– Start Up vs. Operating Costs
– What is a Business Plan
– What are Some Common Scams to Look Out For
– What is Identity Theft and How Do You Report It
100 Concepts and Skills in 10 Days Part 6 (Day 8)
Day 8: Insurance, Retirement and Investments
– What is “Risk”
– What are The Basic Types of Insurances and Their Benefits
– What are The Required Types of Insurance
– What are The Costs of Going Without Various Types of Insurance
– Why is Winning The Lotto Not a Good Investment or Retirement Plan
– How Your Working Career Plans Impact Retirement Fund Needs
– Basic Investment Types
– “Time In the Market” and Short Run vs. Long Run
– What are Some Things That Impact Investment Returns
– What are Some High-Value Tax Credits and Investments in Your Life That “Pay Off”
http://www.cbsnews.com/news/planning-for-retirement-in-your-20s/
100 Concepts and Skills in 10 Days Part 5 (Day 7)
Day 7: Debt, Opportunity and The Costs of Stress and Addiction
– How Debt Impacts Your Opportunities
– The Return on Investment of Education
– How Income Impacts Interests, Lifestyle and Access to Services
– How Income Impacts Opportunity and Choices
– The Health and Social Impacts of Stress
– Lifestyle Diseases and Income-Related Health Conditions
– Income’s Role In Stress
– Common Reasons Why People Turn to Smoking, Alcohol, Narcotics and Drug Abuse
– Social and Economic Costs of Addiction and Crime
– The Impact of Crime (Juvenile and Adult) on Employment, Career and Life Choices
100 Concepts and Skills in 10 Days Part 4 (Day 6)
Day 6: Education
– Self-Motivation, How to Teach Yourself and Different Ways to Learn for Free in 2014
– Differences Between Online vs. In-Person Learning, Commuter vs. Residential Schooling
– Types of Educational Institutions and The Differences Between Them
– Basic College Application Formats and How to Stand Out
– Differences Between the Types of Credentials (Associates, Bachelors, Masters of Arts/Science/etc)
– Free Application for Federal Student Aid (FAFSA) Basics
– Financial Aid and Cost of Attendance Basics
– “Merit vs. Need”
– The Benefits of Graduating on Time (or Early)
– How National Service and Military Service Can Pay For Your Education and Training
UWM-I Summer Money Camp 