1 O’Fallon Illinois Stake Another Perspective on Personal Finance: Nine Myths and Ten Important Habits July 3, 2011 Bryan Sudweeks, Ph.D., CFA From the

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3 Objective: Understand the Nine Myths of Personal Finance Myth 1: It’s All Mine Myth 2: It’s About Money Myth 3: It’s a Temporal Matter Myth 4: It’s a Man’s Responsibility Myth 5: Consumer and Credit Card Debt is OK Myth 6: I Pay Tithing, I Have Little to Worry About Myth 7: Budgets are for College Students Myth 8: Parents are Responsible for their Adult Children’s Finances Myth 9: There are no Good Sources of Information