4. Answer the following…
• In which quadrant did you spend most of your time this
• What kind of activities consumed most of your time?
• If you continue spending your time in this way, will you
accomplish your goals-Why or Why Not?
• How can you fit more proactive planning and self-care
activities (Quadrant 2) in your schedule?
• What is one small, but significant change that you can make
in how you are scheduling your time that could help you to
progress toward accomplishing one of your priorities-(a big
6. Some Suggestions…
• Set realistic goals.
• Don't try to do too much and don't try to do everything
• Do school work when your energy level is at its highest.
• Work for realistic periods of time.
• Mix activities.
• Create an effective place to do your school work.
• Use your free time wisely.
• Schedule time for yourself.
• Reward yourself when you have finished tasks on time.
7. Personal Financing
• Dave Ramsey & The Seven Baby Steps
1. 1,000 in the Emergency Fund
• An emergency fund is for those unexpected events in
life that you can’t plan for: the loss of a job, an
unexpected pregnancy, a faulty car transmission, and
the list goes on and on. It’s not a matter of if these
events will happen; it’s simply a matter of when they
2. Pay-Off your debts using Debt Snowball
• List your debts, excluding the house, in order. The
smallest balance should be your number one priority.
Don’t worry about interest rates unless two debts have
similar payoffs. If that’s the case, then list the higher
interest rate debt first
8. Personal Financing Continued…
3. 3-6 months of expenses in savings account
• Once you complete the first two baby steps, you will
have built serious momentum. But don’t start throwing all
your “extra” money into investments quite yet. It’s time to
build your full emergency fund.
4. Invest 15% of household income into Roth IRA’s and
• When you reach this step, you’ll have no payments—
except the house—and a fully funded emergency fund.
Now it’s time to get serious about building wealth.
5. College funding for children
• By this point, you should have already started Baby Step
4—investing 15% of your income—before saving for
college. Whether you are saving for you or your child to
go to college, you need to start now.
9. Personal Financing Continued
6. Pay off house early
• Now it’s time to begin chunking all of your extra money
toward the mortgage. You are getting closer to realizing
the dream of a life with no house payments
7. Build Wealth and Give
• It’s time to build wealth and give like never before. Leave
an inheritance for future generations, and bless others
now with your excess. It's really the only way to live!
To learn more and get free resources visit:
10. Best Advice for College Students….
One thing you want to be sure to do in college is to avoid
credit cards. They are going to be tempting you at every
corner. And of course, you need to learn how to operate,
balance, and reconcile a checkbook.
You also need to learn how to do a zero-based budget
where you look at what you are going to spend every
month. For example, you are given by your parents, $200
a month for expenses, but you need to provide a written
plan showing exactly what you are going to do with it
before each month begins.
For information/advice on college financing options and
loan repayments visit the financial aid office and or
•What did you notice about the concepts we chose to have
our pipe cleaners represent?
•What if this group was filled with people from very diverse
•What are the chances that many of
these same concepts would surface?