Informative Speech On Finance

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Specific Purpose: To persuade my audience to be more engage in financial dialogue and have more understanding of their finances. Central Ideas: Although finance is a world within its own it is still very important to know the most basic way to manage your money or even knowing how invest your money. 1. Suppose you have $150 in the bank account, your interest rate is 3 percent per year. What would the balance be after 6 years in the bank. A)$103 B)Less than $103 C) do not know

This next question is according to money.usnew.co is one of the most basic questions about fiance.
2. Imagine that the interest rate on your savings account is 1 percent per year and inflation is 2 percent per year. After one year, would
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Transition: Before we dive in on why it is important to know at least the most basic finance and economics topics let's first see what these topics are about.

I. Finance, finance can go from trying to save up money to how to spend it.
A. According to moneymangement.org one of the most basic question people asked themselves is “how do I track my spending?”
1. One fundamental and easy way of doing just that is by writing down as much you spend and what spend it on.
2. At the end of the month you have your own financial report and can calculate your spending.
B. How to save better
1. According to CNBC.com one of the best ways to do so is just by taking out a certain amount of the pay you get and thinking is not there. That money goes directly to your saving.
C. There is a great amount of people oblivious to much of the finances and economic

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