I love Woody Allen and this movie is one of his best. The actors are superb and the story is a mixture of funny and dramatic situations. It's a must for Woody Allen's fans.
I. Discuss the questions below with a partner.
1. What is financial literacy, in your opinion.
2. How can financial literacy benefit consumers of all ages?
3. How informed are people about financial literacy?
4. How does your level of financial literacy affect your quality of life?
II. Now read the text below and check your answers:
Taken from the informative site:
Financial literacy is the ability to understand how money works: how
someone makes, manages and invests it, and also expends it (especially when one
donates to charity) to help others.
In-depth knowledge of financial literacy is required to understand how
money works and how it can work for you – even when you’re sleeping – by
investing in profitable areas like the stock or money market. To understand
money and how it works, it’s important to understand common financial literacy
principles such as; financial goals, budgeting, investments, superannuation,
contracts and employment models.
Research studies across countries on financial literacy have shown that
most individuals (including entrepreneurs) don’t understand the concept of
compound interest and some consumers don’t actively seek out financial
information before making financial decisions. Most financial consumers lack
the ability to choose and manage a credit card efficiently, and lack of
financial literacy education is responsible for lack of money management skills
and financial planning for business and retirement.
Most potential retirees lack information about saving and investing for
retirement. Many people fail to plan ahead and they take on financial risks
without realizing it. Problems of debt are severe for a large proportion of the
population because of financial illiteracy. Youth on average are less
financially capable than their elders.
Financial education can benefit consumers of all ages and income levels.
For young adults just beginning their working lives, it can provide basic tools
for budgeting and saving so that expenses and debt can be kept controlled.
Financial education can help families acquire the discipline to save for their
own home and/or for their children’s education. It can help older workers
ensure that they have enough savings for a comfortable retirement by providing
them with the information and skills to make wise investment choices with their
individual pension and savings plans. Financial education can help low-income
people make the most of what they are able to save and help them avoid the high
cost charged for financial transactions by non-financial institutions.
Your level of financial literacy affects your quality of life
significantly. It affects your ability to provide for yourself and family, your
attitude to money and investment, as well as your contribution to your
community. Financial literacy enables people to understand what is needed to
achieve a lifestyle that is financially balanced, sustainable, ethical and
responsible. It also helps entrepreneurs leverage other people’s money for
business to generate sales and profits.
III. Watch the segment from the movie Blue Jasmine and discuss the questions in small groups.
1. How financially literate is Jasmine? Explain it.
2. What about her ex-husband?
3. How did the way they dealt with their finances affect their lives? What advice would you give them both?
4. How does Jasmine manage her finances now? Is she financially literate now? Justify it.
5. How do you see yourself? Are you financially literate? Why (not)?
6. How can you you improve your finances now?
7. Do you take care of your future? Do you have retirement plans? Investments? Debts? Explain how you manage your financial life?
MOVIE SEGMENT DOWNLOAD - BLUE JASMINE
Financial
literacy is the ability to understand how money works: how someone
makes, manages and invests it, and also expends it (especially when one
donates to charity) to help others.
In-depth knowledge of financial literacy is required to understand
how money works and how it can work for you – even when you’re sleeping –
by investing in profitable areas like the stock or money market. To
understand money and how it works, it’s important to understand common
financial literacy principles such as; financial goals, budgeting,
investments, superannuation, contracts and employment models.
Research studies across countries on financial literacy have shown
that most individuals (including entrepreneurs) don’t understand the
concept of compound interest and some consumers don’t actively seek out
financial information before making financial decisions. Most financial
consumers lack the ability to choose and manage a credit card
efficiently, and lack of financial literacy education is responsible for
lack of money management skills and financial planning for business and
retirement.
Most potential retirees lack information about saving and investing
for retirement. Many people fail to plan ahead and they take on
financial risks without realizing it. Problems of debt are severe for a
large proportion of the population because of financial illiteracy.
Youth on average are less financially capable than their elders.
Financial education can benefit consumers of all ages and income
levels. For young adults just beginning their working lives, it can
provide basic tools for budgeting and saving so that expenses and debt
can be kept controlled. Financial education can help families acquire
the discipline to save for their own home and/or for their children’s
education. It can help older workers ensure that they have enough
savings for a comfortable retirement by providing them with the
information and skills to make wise investment choices with their
individual pension and savings plans. Financial education can help
low-income people make the most of what they are able to save and help
them avoid the high cost charged for financial transactions by
non-financial institutions.
Your level of financial literacy affects your quality of life
significantly. It affects your ability to provide for yourself and
family, your attitude to money and investment, as well as your
contribution to your community. Financial literacy enables people to
understand what is needed to achieve a lifestyle that is financially
balanced, sustainable, ethical and responsible. It also helps
entrepreneurs leverage other people’s money for business to generate
sales and profits.
- See more at: http://www.cybf.ca/2013/meaning-financial-literacy/#sthash.InvtV2DI.dpuf
Financial
literacy is the ability to understand how money works: how someone
makes, manages and invests it, and also expends it (especially when one
donates to charity) to help others.
In-depth knowledge of financial literacy is required to understand
how money works and how it can work for you – even when you’re sleeping –
by investing in profitable areas like the stock or money market. To
understand money and how it works, it’s important to understand common
financial literacy principles such as; financial goals, budgeting,
investments, superannuation, contracts and employment models.
Research studies across countries on financial literacy have shown
that most individuals (including entrepreneurs) don’t understand the
concept of compound interest and some consumers don’t actively seek out
financial information before making financial decisions. Most financial
consumers lack the ability to choose and manage a credit card
efficiently, and lack of financial literacy education is responsible for
lack of money management skills and financial planning for business and
retirement.
Most potential retirees lack information about saving and investing
for retirement. Many people fail to plan ahead and they take on
financial risks without realizing it. Problems of debt are severe for a
large proportion of the population because of financial illiteracy.
Youth on average are less financially capable than their elders.
Financial education can benefit consumers of all ages and income
levels. For young adults just beginning their working lives, it can
provide basic tools for budgeting and saving so that expenses and debt
can be kept controlled. Financial education can help families acquire
the discipline to save for their own home and/or for their children’s
education. It can help older workers ensure that they have enough
savings for a comfortable retirement by providing them with the
information and skills to make wise investment choices with their
individual pension and savings plans. Financial education can help
low-income people make the most of what they are able to save and help
them avoid the high cost charged for financial transactions by
non-financial institutions.
Your level of financial literacy affects your quality of life
significantly. It affects your ability to provide for yourself and
family, your attitude to money and investment, as well as your
contribution to your community. Financial literacy enables people to
understand what is needed to achieve a lifestyle that is financially
balanced, sustainable, ethical and responsible. It also helps
entrepreneurs leverage other people’s money for business to generate
sales and profits.
- See more at: http://www.cybf.ca/2013/meaning-financial-literacy/#sthash.InvtV2DI.dpuf
Financial
literacy is the ability to understand how money works: how someone
makes, manages and invests it, and also expends it (especially when one
donates to charity) to help others.
In-depth knowledge of financial literacy is required to understand
how money works and how it can work for you – even when you’re sleeping –
by investing in profitable areas like the stock or money market. To
understand money and how it works, it’s important to understand common
financial literacy principles such as; financial goals, budgeting,
investments, superannuation, contracts and employment models.
Research studies across countries on financial literacy have shown
that most individuals (including entrepreneurs) don’t understand the
concept of compound interest and some consumers don’t actively seek out
financial information before making financial decisions. Most financial
consumers lack the ability to choose and manage a credit card
efficiently, and lack of financial literacy education is responsible for
lack of money management skills and financial planning for business and
retirement.
Most potential retirees lack information about saving and investing
for retirement. Many people fail to plan ahead and they take on
financial risks without realizing it. Problems of debt are severe for a
large proportion of the population because of financial illiteracy.
Youth on average are less financially capable than their elders.
Financial education can benefit consumers of all ages and income
levels. For young adults just beginning their working lives, it can
provide basic tools for budgeting and saving so that expenses and debt
can be kept controlled. Financial education can help families acquire
the discipline to save for their own home and/or for their children’s
education. It can help older workers ensure that they have enough
savings for a comfortable retirement by providing them with the
information and skills to make wise investment choices with their
individual pension and savings plans. Financial education can help
low-income people make the most of what they are able to save and help
them avoid the high cost charged for financial transactions by
non-financial institutions.
Your level of financial literacy affects your quality of life
significantly. It affects your ability to provide for yourself and
family, your attitude to money and investment, as well as your
contribution to your community. Financial literacy enables people to
understand what is needed to achieve a lifestyle that is financially
balanced, sustainable, ethical and responsible. It also helps
entrepreneurs leverage other people’s money for business to generate
sales and profits.
- See more at: http://www.cybf.ca/2013/meaning-financial-literacy/#sthash.InvtV2DI.dpuf
