Budgeting Strategies
What is a plan for income and expenses?
Budget
What holds money and gives loans?
Bank
What is borrowing money?
Credit
What means save before spending
Pay yourself first
what is the most dangerous sport
Cycling 450,000 injuries treated in ERs
What are costs that stay the same?
Fixed expenses
What is money earned on savings?
Interest
What measures creditworthiness?
Credit score
What covers unexpected costs?
Emergency fund
what is the most ordered take out food in america
Pizza
What assigns every dollar a job?
Zero-based budgeting
What earns interest on interest?
Compound interest
What is cost of borrowing (%)?
Interest rate
What reduces interest fastest?
Pay more than minimum
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KPop Demon Hunters (230.9M views)
What uses cash categories?
Envelope system
What is a mix of investments?
Portfolio
What is length of a loan?
Loan term
What is spending more than income?
Budget deficit
what the most played song in the world
"Blinding Lights" by The Weeknd, with over 4 billion streams,
What splits needs, wants, savings?
50/30/20 rule
What is a retirement account?
IRA
What compares debt to income?
Debt-to-income ratio
What happens after missed payments?
Default / bad credit
what is the most played sport in the world
Cricket: 2.5 billion