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Introduction IAttention Getting Device Most of you have heard the philosophies that divide people in the world into two groups that qualify you as a type A person or as a type B person Some examples of this are democrats vs republicans optimists vs pessimists and introverts vs extroverts However my question for you today is which type of person are you when it comes to financial planning Do you take the Scarlet OHara approach and say Ill think about it tomorrow or in other words--buy now and save later Or do you adopt the old maxim and live by a penny saved is a penny earned and always have something saved up for a rainy day IIOrientation Phase APoint Today I would like to show you the importance of saving money and financial investing and some basic steps to accomplish this BAdaptation In recent years much attention has been drawn to the benefits of saving money for the future CCredibility Saving money now can make your future look a little brighter and give you a little less to worry about Before you can fully understand the benefits of saving and the basic steps to investing you must first understand what investing actually is According to Jeff Wuorios Got Money investing is giving your money to someone else with the expectation that over time he or she will give you back more than you gave him or her Wuorio 1999 34 DPreview Listening to the news and researching my topic has allowed me to realize the benefits that can be gained and the basic steps to reach these rewards Transition Since no one knows exactly what the future holds being prepared financially for whatever comes your way is definitely important Body IThere are several benefits to saving your money and investing it AThe fact that good habits are best developed when we are young is certainly true when dealing with financial matters 1Kadie
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