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Why Don’t People Save? Lesson 15
The Risky Behavior Mystery ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lesson 15 Visual 1 Why Don’t People Do What They Should Do? How many of you know people who don’t exercise regularly? How many of you know that regular exercise provides many health benefits? How many of you know people who eat foods that are high in transfats? How many of you know that eating foods that are high in transfats, such as packaged cookies, margarine and peanut butter, isn’t healthy? How many of you know people--even people your age--who smoke? How many of you know that smoking is unhealthy? Number of Yes Responses Question
Perhaps the answer lies in identifying the costs and benefits. ,[object Object],[object Object],[object Object]
An analogy ,[object Object]
What are the benefits of a eating a healthy diet and exercising regularly? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Do the benefits of diet and exercise occur now or in the future? ,[object Object]
If people choose a healthful diet and exercise regularly, are they guaranteed these benefits?   ,[object Object],[object Object],[object Object]
What are the costs of choosing a healthful diet and exercising regularly? ,[object Object],[object Object],[object Object],[object Object]
Saving ,[object Object],[object Object],[object Object],[object Object]
What are the benefits of saving?  ,[object Object],[object Object]
What are the costs of saving?  ,[object Object]
When do the benefits of saving occur?  ,[object Object]
When do the costs of saving occur?  ,[object Object]
The Costs and Benefits of Saving ,[object Object],[object Object],[object Object],[object Object]
Opportunity Cost and Incentives ,[object Object],[object Object],[object Object],[object Object]
Opportunity Cost and Incentives ,[object Object]
Setting Savings Goals Long-Term Savings Goals  (Over five years) Medium-Term Savings Goals (One to five years) Short-Term Savings Goals (One year or less)
Review ,[object Object],[object Object],[object Object],[object Object]
Disposable Income and Saving ,[object Object],[object Object]
Following Activity One ,[object Object],[object Object],[object Object],[object Object]
Calculating Simple Interest ,[object Object],[object Object],[object Object]
The Rule of 72 ,[object Object],[object Object]
The Rule of 72 ,[object Object],[object Object],[object Object]
The Magic of Compounding! ,[object Object]
Review ,[object Object],[object Object]
Review ,[object Object],[object Object],[object Object]

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Lesson15 whydon'tpeoplesave

  • 1. Why Don’t People Save? Lesson 15
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  • 3. Lesson 15 Visual 1 Why Don’t People Do What They Should Do? How many of you know people who don’t exercise regularly? How many of you know that regular exercise provides many health benefits? How many of you know people who eat foods that are high in transfats? How many of you know that eating foods that are high in transfats, such as packaged cookies, margarine and peanut butter, isn’t healthy? How many of you know people--even people your age--who smoke? How many of you know that smoking is unhealthy? Number of Yes Responses Question
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  • 18. Setting Savings Goals Long-Term Savings Goals (Over five years) Medium-Term Savings Goals (One to five years) Short-Term Savings Goals (One year or less)
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