Module 7.1: Every decision has financial consequences

If time is money, even the decision to watch TV costs you money! Learn to consider the financial consequences of day-to-day decisions; empower yourself financially and you will be able to focus on what is important to you in life.

Competencies: Jump$tart Coalition (2015), Financial Decision Making: “Standard 1. Recognize the responsibilities associated with personal financial decisions” (p. 35); Financial Decision Making: “Standard 4. Make criterion-based financial decisions by systematically considering alternatives and consequences” (p. 38).

Introduction to American Personal Financial Literacy, a Udemy course
Module 7.1 video filmed 2016-03-08

TALKING POINTS:
Opportunity cost
Value of time
“Missing the forest for the trees”
Habits
Career decisions
Education decisions
HEALTH DECISIONS
Living and housing arrangements
Recordkeeping and data management
Purchase decisions
Wasting food

By Richard Thripp