Student Workbook (PDF file, 3.46 MB) - Oklahoma Department of ...
Student Workbook (PDF file, 3.46 MB) - Oklahoma Department of ...
Student Workbook (PDF file, 3.46 MB) - Oklahoma Department of ...
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OBJECTIVE 8<br />
Summarize three methods <strong>of</strong> managing personal<br />
finances.<br />
PREVENTION<br />
Develop good savings habits.<br />
Practice sound money<br />
management.<br />
Use credit wisely.<br />
Purchase enough insurance<br />
protection.<br />
Use reasonable caution in fi nancial matters.<br />
PREPARATION<br />
Get a good education to be better able to fi nd a job.<br />
Learn marketable job skills to advance on the job.<br />
Stay current in your fi eld to earn promotions and pay raises.<br />
Establish an emergency fund equal to three to six months’ pay<br />
to give you time to assess the crisis and take action.<br />
Regulate your life style to live below your income level in case<br />
you need to meet unexpected expenses or must live on a lower<br />
income.<br />
UNIT 1 MANAGING MONEY 15
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