Smart MoneyMade by Anara Rakhmatulina
My aims. To give general term of financial crisis To presented the plan of coping well with change and loss To know what happened with family's budget because of FC To create the glossary of economical terms
1 EUR = 0.9463 USD, 1 USD = 105.39 JPY, 1 CHF = 0.06466 EUR, 1 GBP = 1.506 USD, 1 CAD = 0.7145 EUR, 1 JPY = 0.01 EUR, 1 CAD = 0.6758 USD
conception Money value worth
Financial Crisis. began by a liquidity shortfall in the United States banking systemis considered to be the worst financial crisis since the Great Depression of the 1930sreally started to show its effects in the middle of 2007 and into 2008
a dramatic change in the ability to create new lines of credit the cheap credit financial institutions were left holding mortgage backed assets Private equity firms leveraged* billions of dollars of debt Market instability.
How did It Get so Bad? credits |American economy
individuals and investors could no longer flip their homes for a quick profit rates mortgages adjusted upward mortgages no longer became affordable The House Market Declined.
What?! Credits Got Us into Mess. Why Give More?!
Coping Well with Change and Loss. Loss in investment portfolio An illness, accident, or health crisis Unemploy-ment Financial setbacks Money disasters
Recovering from Financial Setbacks. Remind yourself how valuable you are. Keep your skills current to stay competitive. Establish solid habits of attendance, teamwork, initiative—and remember to stay positive.
Recovering from adversity . Continue keeping a healthy frame of mind. Back-Pocket Strategies. Turning the Adversity Around. Taking control of the situation.
Top Ten Money Myths. 1. Having money means fewer worries and ease of living.2. Financial matters are too complicated to understand and master.3. Financial planning and investing should be left to an expert.4. Genuine love and true commitment will conquer all, including money problems.
Top Ten Money Myths. 5. Better quality costs more.6. Credit and debit cards are convenient devices that make purchasing easy. 7. Money is a substitute forlove or spending time with someone.8 Financial security is determined by the amount ofour accumulated capital.9. Money management shouldbe handled by the partner most comfortable or skilled infinancial affairs.10. A lot of money is the bestgauge of success in our society.
«Family’s Budget and Financial Crisis». Have you been touched by the financial crisis?
«Family’s Budget and Financial Crisis». Do you plan your family's budget?
«Family’s Budget and Financial Crisis». Has it changed because of instability of world economy?
«Family’s Budget and Financial Crisis». What money means for you?
I’ve learnt a lot of new words, have made great dictionary work I’ve understood that staying financially fit even at the time of crisis is quite probable and not so difficult. I’ve faced with my own money stereotypes and in future I’ll try to avoid them and the same I advice to you. I’ve found out that in Russia despite of the USA families` budget hasn’t been so bad influenced by financial crisis.
Thank you for attention
My research part. . To lead an opinion pall «Family's Budget and Financial Crisis.» To present the plan of coping well with change and loss and make top 10 money myths. To create the glossary of economical terms.