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Educational Resources That Build Personal Financial Life Skills

Just as one needs basic reading and math skills to navigate successfully in today's world, you also need basic money-management skills to help build a better financial future for yourself and your family.

Following is a resource center of fun, interactive and/or informational websites, that highlight the 10 principles of personal finance.  The principles are based on the social studies program following the State of Illinois Standards.  Click on each principle to visit your area of interest.
TENTH PRINCIPLE
Maintain Organized Records For Tax, Budget and Planning
Importance Of Organized Records
Why Keep Records?
Types of Records
Types of Records
How Long To Maintain Records
Maintenance of Records
10 PRINCIPLES OF PERSONAL FINANCE

1.

 Identify Your Income Potential And Factors That Affect Your Spending
2.
Manage Your Expenses So They Don't Exceed Your Income
3.
Use Consumer Credit To Achieve Budget Goals And Always Honor Your Debts
4.
 Have A Plan And Purpose For your Investing
5. 
 Focus On The Relationship Between The Risk And Potential Return On Investments
6. 
 Protect Yourself Against Financial Loss
7.
Major Purchases Must Be Affordable
8.
Make Food And Clothing Choices That Relate To Your Lifestyle
9.
Build And Preserve Good Health Practices
10.
Maintain Organized Record For Tax, Budget and Planning


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Monetta Family of Mutual Funds
1776-A S. Naperville Rd., Suite 100
Wheaton, IL 60189
1-800-MONETTA
Phone: 630.462.9800
Fax: 630.462.9332

For more information please e-mail us at info@monetta.com

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