Title: Dont Let Your Fortune Go Up in Smoke
1Dont Let Your FortuneGo Up in Smoke
Activity 2.3
2Making good health decisions
- Video 2 shows the importance of making good
decisions about your health - You can harm your physical health by smoking,
using illegal drugs, eating too much and
exercising too little - The same decisions harm your financial health
3On deciding about smoking
- How might not smoking contribute to your physical
health? - How might not smoking contribute to your
financial health? - Have a close look at Student Activity 2.3
4Questions for discussion A
- What are some of the ill effects of smoking?
5An important chart
- Study Figure 1 (next 5 slides), reproduced from
Student Activity 2.3. Questions for Discussion B
through E refer to numbers from this chart.
6Figure 1 Jays Savings from Not Smoking
7Figure 1 Jays Savings from Not Smoking
8Figure 1 Jays Savings from Not Smoking
9Figure 1 Jays Savings from Not Smoking
10Figure 1 Jays Savings from Not Smoking
11Questions for discussion B
- Imagine that when Jay was 18 years old he decided
to delay smoking for one year. How much money did
he save in the first year by not smoking?
12Questions for discussion C
- How much did Jay earn in interest at the end of
one year by not smoking? (Calculate)
13Questions for discussion D
- How much had Jay put into savings by age
65?(Calculate)
14Questions for discussion E
- How much did Jay have in total savings when he
reached age 65?
15Questions for discussion F
- Why was the total amount of Jays savings so much
higher than the amount he contributed?
16Questions for discussion G
- What conclusions can you draw from the
information in Figure 1?
17Conclusion Smoking is badfor your health
- It uses up money regularly money that, if
saved, can result in substantial amounts over
time. - There is a financial reward in living healthy by
not smoking.