The following investment table categorizes
some typical purchases:
High investment value |
Low investment value |
Negative investment value |
Home |
Car |
Dining
out |
Land |
Boat |
Computers |
Stocks
and bonds |
Jewelry |
Clothing |
Mutual
funds |
Fine
art |
Toys |
Savings
accounts |
Collectibles |
CDs,
DVDs and videotapes |
Pension
plans |
Antiques |
Carpeting |
Other
retirement plans |
Bicycle |
Furniture |
Education |
Motorcycle |
Renting |
Remodeling
for resale |
Motor
home |
Dry cleaning |
IRAs |
Surfboard |
Cable
TV and TIVO |
Training
or certification |
Golf
clubs |
Vacations |
Preventive
medical and dental care |
Jet skis
and wave runners |
Concert
tickets |
Limited
partnerships |
Time-share
and resort memberships |
Sportimg
events |
Students should be advised to make their own investment
tables and use the tables as they make purchasing decisions.
To spend wisely, they should try to minimize purchases
with negative or low investment value.
Module 9, "Live
Like a Student: Managing Your Funds," offers
more information about investment value in its section "How
Can I Make ‘Cents’ of My Spending Habits?" The
new module also addresses other topics pertaining to
helping students manage finances while in school. Module
9 is the newest component of USA Funds’ award-winning
financial-literacy program to address the unique needs
of graduate and professional students and other adult
learners. |
