Budgeting
What is the term for tracking how much money you earn and spend each month?
What is a budget?
What is the number that represents your creditworthiness?
What is a credit score?
What is the term for money set aside for emergencies or future expenses?
What is savings?
You pay this fee every semester just to sit in a lecture hall and pretend to take notes.
What are tuition and fees
True or false: The average American spends more on coffee than on textbooks each semester.
What is true?
If you earn $1,000 a month and spend $850, how much are you saving?
What is $150?
True or false: Paying only the minimum balance on a credit card will help you get out of debt quickly.
What is false?
If you save $5 a day by skipping one coffee, how much money will you have in a year?
What is $1,825?
Name one common hidden college expense students often forget to budget for.
What is books, printing, transportation, or social events?
What’s the safest place to keep money you want to access in the next 6 months?
What’s the safest place to keep money you want to access in the next 6 months?
Name one strategy to make sure you don’t spend more than you earn
What is using a budget, tracking expenses, or setting spending limits?
I'm plastic, I'm tempting, and if you don't pay me off, I grow faster than your student loan. What am I?"
What is a credit card?
What is a high-interest account that allows your money to grow over time?
What is a savings account or investment account?
If textbooks cost $200 each and your professor says “optional,” how much do you save by “optimistically reading PDFs online”?
What is $200 per book!
True or false: College students spend more on streaming services than textbooks each semester.
What is true?
If you spend $50 a week on snacks, how many tacos could you buy in a month if each taco is $3?
What is 6 tacos per week × 4 weeks = 24 tacos?
What type of debt is generally considered “good debt” for students?
What is student loans (for education, if managed properly)?
Name one way to make your money grow faster besides saving.
What is investing in stocks, bonds, ETFs, or mutual funds
True or false: Scholarships and grants must be paid back.
What is false?
Students who track their spending weekly are what percent more likely to save money?
What is 80%?
If you have money left at the end of the month, it’s always a good idea to spend it on more coffee.
What is false? (It’s better to save or invest!)
Name one thing that can help improve your credit score.
What is paying bills on time, keeping balances low, or not opening too many accounts at once
True or false: Investing in only one stock is the safest way to grow your money.
What is false? (Diversification is safer!)
You buy this to show school spirit, but it usually ends up hanging in your closet forever.
What is college merch?
What cheap food do many students rely on to save money, but it may cost health later?
What is ramen noodles?