Welcome to This Is Your (Financial!) Life: The Time Value of Money. You may not be aware of it, but you have significant control over your financial life. You don't have to wait until you are forty years old and driving a minivan before you start thinking about the potential of your financial future (nor should you!). All you have to know is what your goals are (immediate or long-term) so that you can make decisions to ensure achievement of those goals.

Not everyone is chasing the same dream, so your goal may be to amass extreme wealth, while your friend's goal is to pay the bills and enjoy a simple life. Neither dream is wrong, but the choices we make determine our success in meeting our individual goals.

In this module, you'll be given information that will help you decide on a case-by-case basis whether, for example, the better decision for you is to save your $10 birthday cash from your great aunt to go towards a pair of jeans later or to spend it on a pizza today.

You'll be better able to decide if you should spend your savings on a pizza party with your friends at graduation or use it for a pizza party with your friends the day you retire fifty or so years from now! Makes you wonder, if you save that pizza money today, will you be able to buy more or less pizza with it in the future?

This module will help you answer these questions and more! Click Next to begin exploring the possibilities of your financial life!