East West Bancorp, Inc. · NASDAQ:EWBC
East West Bancorp — Investor Presentation (April 2015)
88 slides from East West Bancorp's investor presentation, Apr 8, 2015
Slide 1: Teacher Presentation Slides
for Grades 9–12 and Ages 18–20 Teacher Presentation Slides for use with Educator Guide
Slide 2: Dream Job
DREAM JOB 1. What are your interests? What excites you? 2. What are you good at? What skills do you have? 3. What do you want to do after high school or college? 4. What is your dream job, and why? 5. What skills do you think are required for your dream job? 6. How do you think you could get the ski
Slide 3: Possible Employer Benefits
POSSIBLE EMPLOYER BENEFITS Health Insurance: helps cover employee medical costs related to illness or injury Flexible Spending Accounts: tax-free money set aside by an employee often to be used for out-of-pocket medical expenses Retirement Accounts: • 401(k): an employer-sponsored plan to accumulate
Slide 4: Paycheck
PAYCHECK Bank Main Street Check No. 2756 Electric Electronics Inc. 855 Electronic Avenue Midville, MA 02546 PAYROLL CHECK Date 9/15/14 Pay... Four Hundred Sixty Six Dollars 34 Cents $ 466.34 To The Order Of Jerome Roberts 876543210 456789123456 2756 Authorized Signature Electric Electronics Inc. Ear
Slide 5: Choices
CHOICES Two-Year Four-Year Apprenticeship College College Associate’s Bachelor’s On-the-Job Degree Degree Training Military Direct to Entrepreneur Workforce Armed Owning Your Forces Job Own Business Career MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ON SLIDES LESSON 1: WORKING H
Slide 6: Setting & Reaching Goals
SETTING & REACHING GOALS Aisha’s Goals Short-term goal: work part-time in high school to save up money for college Intermediate goal: go to college for nursing and balance working part-time Long-term goal: obtain a job as a registered nurse MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENT
Slide 7: What's in a Plan?
WHAT’S IN A PLAN? A financial plan is a series of steps to take in order to reach a goal. Managing Creating a peer pressure budget Limiting expenses Weighing needs when necessary and wants Making a spending, Analyzing saving, and opportunity costs investing plan MONEY SMART FOR GRADES 9–12 AND AGES
Slide 8: Poor Planning
POOR PLANNING “By the time they have been retired for two years, 78% of former NFL players have gone bankrupt or are under financial stress; within five years after retirement, an estimated 60% of former NBA players are broke.” —Sports Illustrated “How and Why Athletes Go Broke” by Pablo S. Torre, M
Slide 9: Sinking Ship
SINKING SHIP Beware of little expenses. A small leak will sink a great ship. BENJAMIN FRANKLIN MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 3: CAN YOU PAY YOUR BILLS? 9
Slide 10: 1-2-3 Budget
1-2-3 BUDGET Three steps to building a budget… Keep track of your spending Identify your income and expenses Analyze cash flow and look for ways to increase your income and decrease expenses MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 3: CAN YOU PAY YOUR BILLS? 10
Slide 11: Budget Breakdown
BUDGET BREAKDOWN Income: • Various jobs or work, like cutting grass or babysitting wages • Full- or part-time employment • Allowances • Odd jobs • Interest and dividends • Other sources, including tips Expenses: • Bills (for example: cell phone or cable bill, rent) • Transportation expenses (for exa
Slide 12: Pay Yourself First
PAY YOURSELF FIRST Spend It or Bank It? MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 4: BOOST YOUR SAVINGS 12
Slide 13: How Money Grows
HOW MONEY GROWS Interest: the amount of money banks or other financial institutions pay you for keeping your money on deposit with them Interest is expressed as a percentage and is calculated based on time and the amount of money in your account Compounding: how your money can grow when you keep it
Slide 14: Compounding Interest Over Time
COMPOUNDING INTEREST OVER TIME Compounding means calculating interest on both principal and previously earned interest. 5 years 10 years Mattress compounding— $1,000.00 $1,000.00 NO interest! (unless stolen or lost) (unless stolen or lost) Annual compounding at 1% $1,051.01 $1,104.62 Monthly compoun
Slide 15: Savings Options
SAVINGS OPTIONS Certificate of Deposit (CD): typically offers a higher rate of interest than a regular savings account in exchange for you keeping the money on deposit for a set term (for example, 6 months or more) Money Market Account: higher rate of interest, usually requires a higher minimum bala
Slide 16: Banking Institutions
BANKING INSTITUTIONS Banks and Thrifts • Financial institutions that operate under federal and state laws and regulations • They make loans, pay checks, accept deposits, and provide other financial services Credit Unions • Not-for-profit financial institutions owned by people who have something in c
Slide 17: Checking and Savings Accounts
CHECKING AND SAVINGS ACCOUNTS Checking Accounts allow you to pay bills, and buy goods and services with the money you have deposited. A Savings Account is a safe place for you to save money and earn interest over time. MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 5:
Slide 18: Deduction Introduction
DEDUCTION INTRODUCTION Medicare Income Tax Social Security MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 6: BREAD-AND-BUTTER 18
Slide 19: Paycheck
PAYCHECK Bank Main Street Check No. 2756 Electric Electronics Inc. 855 Electronic Avenue Midville, MA 02546 PAYROLL CHECK Date 9/15/14 Pay... Four Hundred Sixty Six Dollars 34 Cents $ 466.34 To The Order Of Jerome Roberts 876543210 456789123456 2756 Authorized Signature Electric Electronics Inc. Ear
Slide 20: Predatory Lending
PREDATORY LENDING MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESSON 7: CAPACITY, CHARACTER, COLLATERAL, CAPITAL 20
Slide 21: Types of Loans 1
TYPES OF LOANS 1 With a CREDIT CARD, you can… • Buy goods or services and pay for them over time • Borrow money for household, family, and other personal expenses • Get into big trouble if you’re not careful with spending AUTHORIZED SIGNATURE 4321 123 Not Valid Unless Signed • Damage credit by not m
Slide 22: Types of Loans 2
TYPES OF LOANS 2 With a CONSUMER INSTALLMENT LOAN, you… • Can pay your personal expenses and your family's expenses • Can pay the same amount each month in installments for a set period of time • Can damage credit by not repaying the loan on time as you agreed MONEY SMART FOR GRADES 9–12 AND AGES 18
Slide 23: Types of Loans 3
TYPES OF LOANS 3 With a HOME LOAN (mortgage), you can… • Borrow money for the purpose of buying a house • Damage credit by skipping payments or paying late MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESSON 7: CAPACITY, CHARACTER, COLLATERAL, CAPITAL 23
Slide 24: The Four Cs of Credit
THE FOUR Cs OF CREDIT Capacity Collateral Character Capital MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESSON 7: CAPACITY, CHARACTER, COLLATERAL, CAPITAL 24
Slide 25: Credit Report
CREDIT REPORT MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESSON 7: CAPACITY, CHARACTER, COLLATERAL, CAPITAL 25
Slide 26: Two Truths, One Lie
TWO TRUTHS, ONE LIE Credit cards… 1. Are used to purchase goods and services 2. Take money from your checking account when used to pay for purchases 3. Are subject to interest charges if not paid in full each month MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESS
Slide 27: Credit Versus Debit
CREDIT VERSUS DEBIT 1. Which card requires you to have enough money at the time you pay for something? 2. Which card's balance can increase and accrue charges if you do not pay the entire amount each month? 3. Which card(s) may have fees associated with them? 4. Which card generally offers purchase
Slide 28: Credit Card Fine Print
CREDIT CARD FINE PRINT Annual Percentage Rate (APR) Penalty APR Fees Grace Period Credit Limit Consumer Protection Laws Credit Card Solicitations Debt-to-Limit Ratio MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESSON 8: THE ALMIGHTY DOLLAR? 28
Slide 29: Easy as Pi
EASY AS PI 3.14159265358979323846264338327950288419716939937510582097494459230781640628620899862803482534211706798214808651328230 6647093844609550582231725359408128481117450284102701938521105559644622948954930381964428810975665933446128475648233786 783165271201909145648566923460348610454326648213393
Slide 30: Financial Ratios
FINANCIAL RATIOS Debt-to-Income: monthly debt divided by monthly gross income Electric Electronics Inc. Earnings Statement 855 Electronic Avenue Midville, MA 02546 Employee No. Employee Name Social Security No. Period Beg. Period End Check Date 543210 Jerome Roberts xxx-xx-4321 9/1/2014 9/15/2014 9/
Slide 31: Financial Ratios
FINANCIAL RATIOS Debt-to-Assets: liabilities divided by assets Liabilities are money owed, or debt obligations Assets are items of value that can be converted into cash MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION ENTATION SLIDES LESSON 9: AS EASY AS PI 31
Slide 32: Financial Ratios
FINANCIAL RATIOS Debt-to-Limits: credit debt divided by credit limit 56 VALID HRU 12 MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 9: AS EASY AS PI 32
Slide 33: Reality Check
REALITY CHECK 1 MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 10: CONVERTIBLE OR CLUNKER? 33
Slide 34: Reality Check
REALITY CHECK 2 MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 10: CONVERTIBLE OR CLUNKER? 34
Slide 35: True Cost of Cars
TRUE COST OF CARS What can I What can I afford afford right 1 year…2 years… 5 years from now? Do I need a car? Or do I How much want one? money will I need for a down What amount can I pay each month? How much will insurance cost? GAS! I forgot about Should I lease gas…how much Will I need money or
Slide 36: Secure or Unsecured?
SECURE OR UNSECURED? Types of Installment Loans Secure = collateral Unsecured = no collateral MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 10: CONVERTIBLE OR CLUNKER? 36
Slide 37: Types of Insurance
TYPES OF INSURANCE Life Health Auto INSURANCE Property Disability Long-Term Care MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 11: RISKY BUSINESS 37
Slide 38: Insurance Lingo
INSURANCE LINGO Policy Claim Premium Deductible Co-Pay MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 11: RISKY BUSINESS 38
Slide 39: What Is Your Skill and Will?
WHAT IS YOUR SKILL AND WILL? Champions aren’t made in gyms. Champions are made from something they have deep inside them, a desire, a dream, a vision. They have to have the skill and the will. But the will must be stronger than the skill. MUHAMMAD ALI MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEAC
Slide 40: Cost of College
COST OF COLLEGE Tuition Food Transportation Room and Board Phone Books Entertainment School Scho Fees Personal Expenses Technology Expenses (clothes, haircuts, (computer, hardware, laundry) software) MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDG
Slide 41: The Financial Aid Process
THE FINANCIAL AID PROCESS Source: https://www.studentaid.ed.gov/sites/default/files/financial-aid-process.png MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDGE 41
Slide 42: The Financial Aid Process (Continued)
THE FINANCIAL AID PROCESS (CONTINUED) Source: https://www.studentaid.ed.gov/sites/default/files/financial-aid-process.png MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDGE 42
Slide 43: The Financial Aid Process (Continued)
THE FINANCIAL AID PROCESS (CONTINUED) Source: https://www.studentaid.ed.gov/sites/default/files/financial-aid-process.png MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDGE 43
Slide 44: The Financial Aid Process (Continued)
THE FINANCIAL AID PROCESS (CONTINUED) Source: https://www.studentaid.ed.gov/sites/default/files/financial-aid-process.png MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDGE 44
Slide 45: The Financial Aid Process (Continued)
THE FINANCIAL AID PROCESS (CONTINUED) Source: https://www.studentaid.ed.gov/sites/default/files/financial-aid-process.png MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDGE 45
Slide 46: The Financial Aid Process (Continued)
THE FINANCIAL AID PROCESS (CONTINUED) Source: https://www.studentaid.ed.gov/sites/default/files/financial-aid-process.png MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 12: HALLS OF KNOWLEDGE 46
Slide 47: Economic Cycles
ECONOMIC CYCLES MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 13: THE POLICY OF PERSONAL CHOICE 47
Slide 48: Fiscal Policy
FISCAL POLICY Tax Levels Government Spending MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 13: THE POLICY OF PERSONAL CHOICE 48
Slide 49: Monetary Policy
MONETARY POLICY Interest Rate Money Supply MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 13: THE POLICY OF PERSONAL CHOICE 49
Slide 50: Investment Vehicles: Stocks
INVESTMENT VEHICLES: STOCKS When you buy a stock, you own part of the company, called a share. When the company does well, you may receive dividends or a portion of the company’s profits. The value of your investment changes as the company’s stock price changes. When you sell the stock, you may rece
Slide 51: Investment Vehicles: Bonds
INVESTMENT VEHICLES: BONDS Bonds are loans to corporations or to the government for a set period of time, or a term. You earn interest on your investment, and bonds can be purchased for as little as $25. MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 14: INCREASING TH
Slide 52: Investment Vehicles: Mutual Funds
INVESTMENT VEHICLES: MUTUAL FUNDS Mutual funds are offered by companies that combine money from many investors to purchase numerous separate investments (for example: some include a mix of stocks and bonds or even a mix of stocks of companies in several different countries). They may pay dividends a
Slide 53: Investment Vehicles: Diversification
INVESTMENT VEHICLES: DIVERSIFICATION Diversification means “do not put all of your eggs in one basket.” It spreads the risk of loss across many investment options. MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 14: INCREASING THE VALUE OF YOUR MONEY 53
Slide 54: Investment Vehicles: Retirement Accounts
INVESTMENT VEHICLES: RETIREMENT ACCOUNTS Individual Retirement Accounts (IRAs): IRAs are designed to help you save money for your retirement. These contributions are generally tax- deductible. IRAs can include FDIC-insured deposit accounts offered by banks, and non-deposit investment accounts offere
Slide 55: Investor Considerations
INVESTOR CONSIDERATIONS Risk Tolerance: willingness to lose some or all of an investment in exchange for greater potential returns Diversification: spreading your assets across multiple investments Asset Allocation: the distribution of assets among investments to balance risk and reward Rate of Retu
Slide 56: Money Grows
MONEY GROWS If you start with a $100 principal and add $200 to your retirement account each month, how much can you save by the time you are 65? If you start at age 25… If you start at age 45… Principal $100.00 Principal $100.00 Monthly Contributions $200.00 Monthly Contributions $200.00 Years to Gr
Slide 57: Retirement Vehicles: Where to Save?
RETIREMENT VEHICLES: WHERE TO SAVE?* Roth Individual Retirement Account Traditional Individual Retirement (Roth IRA) Account (Traditional IRA) • You open the account • You open the account • Can contribute up to $5,500 annually • Can contribute up to $5,500 annually • Not tax-deductible • Tax-deduct
Slide 58: Retirement Vehicles: Where to Save if Self-Employed?
RETIREMENT VEHICLES: WHERE TO SAVE IF SELF-EMPLOYED?* Simplified Employee Pension Simple Individual Retirement Account Individual Retirement Account (Simple IRA) (SEP IRA) • Acts like a traditional IRA for small • You open the account. It functions as a businesses that may have employees traditional
Slide 59: Pros & Cons of Renting
PROS & CONS OF RENTING • Not responsible for property • You are not the owner of the home maintenance • Your rent might increase over time • Generally under a rental contract, or • You might not always be able to renew lease, for one year or less, creating your lease greater flexibility to move • Yo
Slide 60: Pros & Cons of Buying
PROS & CONS OF BUYING • You may build equity, which is the • You will have to purchase homeowner’s value of your home minus the debt insurance and possibly other insurance you owe on it such as flood insurance • Once you pay the mortgage in full, • Buying a home requires more cash up you own the hom
Slide 61: Renting Costs
RENTING COSTS security deposit MOVING- IN COSTS fees (credit report fees, pet fees) connecting utilities rent utilities first month’s rent renter’s insurance (optional) MONTHLY fees (parking, COSTS pet fees, storage) MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 16:
Slide 62: Buying Costs
BUYING COSTS A mortgage is a loan, provided by a financial institution, to buy a house or condo. Most first-time home buyers obtain a mortgage to help finance the home. appraisal fee attorney fees mortgage and homeowner's insurance MORTGAGE property taxes COSTS MONEY SMART FOR GRADES 9–12 AND AGES 1
Slide 63: Housing Challenge
HOUSING CHALLENGE 1 Jay is moving out on his own next month. He found a great apartment for $695 a month. His total net income is $1,590 and his current expenses, between his car, food, entertainment, and cell phone are about $950 each month, give or take $100. Jay is signing the lease on the dotted
Slide 64: Housing Challenge
HOUSING CHALLENGE 2 Rionna graduated from college several years ago, and her career as a graphic designer is going well. She works for one of the largest design firms in her area. Since she has started working, she has always rented a studio apartment to save on costs but now she is ready for more s
Slide 65: Housing Challenge
HOUSING CHALLENGE 3 Mason has a steady job as a law clerk, but is living with his parents at home to save money while he prepares to buy a house. He has been approved for a $200,000 mortgage. If he decides to borrow the full amount, his monthly mortgage payments would be $1,300. Mason earns $2,800 n
Slide 66: Spend, Save, Give
SPEND, SAVE, GIVE Spend Save Give MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 17: POCKET GIVING 66
Slide 67: Philanthropy
PHILANTHROPY sk ills m e ti t s m n on a l e ey t resources MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 17: POCKET GIVING 67
Slide 68: Budget: Spend, Save, Give
BUDGET: SPEND, SAVE, GIVE 10% Give (donations to support 75% Spend the common good) (life expenses like housing, food, ____________________ transportation, debt, utilities) 15% Save (personal savings and investing) MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 17: PO
Slide 69: Money Marooned
MONEY MAROONED Your family is here You are here What would you do? MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 18: PAVING THE FUTURE 69
Slide 70: Estate Planning: Trusts & Wills
ESTATE PLANNING: TRUSTS & WILLS Will: legal document that you create outlining your last wishes Trust: legal document used to transfer your property with the ability to set stipulations and conditions before an heir receives your assets (such as a minor child turning 18 before he or she inherits pro
Slide 71: Estate Planning: Power of Attorney
ESTATE PLANNING: POWER OF ATTORNEY Power of Attorney: when you grant permission to someone to handle your affairs if you are unable to do so yourself MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 18: PAVING THE FUTURE 71
Slide 72: Estate Planning: Example of Titles
ESTATE PLANNING: EXAMPLE OF TITLES Tenancy in Common • Shared ownership of a property erty • Ex. five people each holding title to one property (does not have to be equal shares) hares) Joint Tenancy • Shared ownership of a property with equal shares • If one owner dies, the other owner(s) have Righ
Slide 73: Estate Planning: Life Insurance
ESTATE PLANNING: LIFE INSURANCE Life Insurance: provides financial security to your family in the event of death by paying money to a beneficiary MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 18: PAVING THE FUTURE 73
Slide 74: Credibility
CREDIBILITY 1 MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 19: FINANCIAL SLEUTH 74
Slide 75: Credibility
CREDIBILITY 2 MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 19: FINANCIAL SLEUTH 75
Slide 76: Identity Theft
IDENTITY THEFT There is only one of you... or is there? MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 20: PROTECT YOURSELF 76
Slide 77: What Do Thieves Do with Your Information?
WHAT DO THIEVES DO WITH YOUR INFORMATION? • Get into your bank accounts and steal your money • Use your name to open up credit cards and run up the bills • Set up utilities and rental agreements using your name • Take out a loan in your name • They may even try to use your health insurance! MONEY SM
Slide 78: Types of Identity Theft: Phishing
TYPES OF IDENTITY THEFT: PHISHING Phishing is when criminals: • Send out unsolicited, or spam, e-mails that appear to be from a legitimate source: perhaps from your bank, school, well-known merchants, your Internet service provider, or even a trusted government agency (e.g., the FDIC) • Attempt to t
Slide 79: Types of Identity Theft: Pharming
TYPES OF IDENTITY THEFT: PHARMING • Criminals seek to obtain personal or private information by making fake websites appear legitimate • Your browser will even show that you are at the correct website • This makes pharming more difficult to detect than phishing MONEY SMART FOR GRADES 9–12 AND AGES 1
Slide 80: Types of Identity Theft: Text Message Spam
TYPES OF IDENTITY THEFT: TEXT MESSAGE SPAM • Similar to e-mail spam, but on You have been selected your cell phone for a FREE Caribbean cruise. Go to • Criminals often text offers of freecruise4u2day.com to claim your prize! free gifts or low-cost credit offers with a link • Clicking the link can in
Slide 81: Job Scams
JOB SCAMS • Promise work, but usually ask you to pay for training or services • They never deliver the promised employment • They often advertise on real job websites, so it can be hard to tell them apart from true employment opportunities Earn $500 per week GUARANTEED! Sign up today and get started
Slide 82: Business Types
BUSINESS TYPES MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 21: LAUNCHING YOUR DREAM 82
Slide 83: Business Budgeting: Financial Statements
BUSINESS BUDGETING: FINANCIAL STATEMENTS Profit and Loss Statement: includes revenues, expenses, and costs incurred by a business during a set period of time. Balance Sheet: shows a company’s liabilities, owner’s equity, and assets at a set point in time. Cash Flow Statement: tracks money coming in
Slide 84: Start-Up Capital
START-UP CAPITAL Credit Cards Crowdfunding Investors Bank Loans Lenders Equity Personal Savings MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 21: LAUNCHING YOUR DREAM 84
Slide 85: Failure = Fuel to Success
FAILURE = FUEL TO SUCCESS I have taken more than 9,000 shots in my career. I have lost almost 300 games. Twenty-six times I have been trusted to take the game winning shot and missed. I have failed over and over again in my life; and that is why I succeed. MICHAEL JORDAN MONEY SMART FOR GRADES 9–12
Slide 86: Tax Requirements
TAX REQUIREMENTS Income Tax (federal, state, city) Self-Employment Tax Employment Taxes MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 22: MAINTENANCE MODE 86
Slide 87: Business Insurance
BUSINESS INSURANCE Liability Insurance: general, professional Home-Based Business Insurance Commercial Property Insurance Required Insurance: Worker’s Compensation, Unemployment Insurance Tax, and Disability Insurance MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 22:
Slide 88: Business Management
BUSINESS MANAGEMENT Financial Time Risk MONEY SMART FOR GRADES 9–12 AND AGES 18–20: TEACHER PRESENTATION SLIDES LESSON 22: MAINTENANCE MODE 88
East West Bancorp — Investor Presentation (April 2015) on 6ix