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Money 101 | finance-lectures.co m 1 Motivation Daniel Folkinshteyn, PhD http://finance-lectures.com/ [email protected]

Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD [email protected]

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Page 1: Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD  personal@finance-lectures.com

Money 101 | finance-lectures.com 1

Motivation

Daniel Folkinshteyn, PhDhttp://finance-lectures.com/[email protected]

Page 2: Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD  personal@finance-lectures.com

Money 101 | finance-lectures.com 2

Paying for college

Cash Grants/Scholarships Loans

Consumer Student

Federal Private

Page 3: Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD  personal@finance-lectures.com

Money 101 | finance-lectures.com 3

Page 4: Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD  personal@finance-lectures.com

Money 101 | finance-lectures.com 4

Quiz

What is the total cost of one semester, billed by university?

Can you spot any loans in this student's college financing mix?

Page 5: Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD  personal@finance-lectures.com

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Page 6: Money 101 | finance-lectures.com1 Motivation Daniel Folkinshteyn, PhD  personal@finance-lectures.com

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Where we go from here

The nature of money Types of monetary transactions Credit and loans Cost of funds 'Good' and 'bad' debt Cost and value of education