Budget Boss
A budget
What is a plan for how to spend and save your money?
The difference between a debit card and a credit card
Debit uses your money, credit borrows money you must repay.
The “pay yourself first” rule
What is saving before spending money?
Impulse buy
What is buying something without planning?
One job a teen can have to earn money
What is babysitting, retail, or food service?
If you earn $50 and spend $30, how much do you have left?
What is $20?
APR
What is Annual Percentage Rate?
The importance of an emergency fund
What is to cover unexpected costs or problems?
Why should you compare prices before buying something?
What is to find the best deal or save money?
A side hustle
What is a small business or way to earn extra money outside of a job?
The term for money you spend regularly (like rent or a phone bill)
What is an expense?
If you don’t pay your credit card bill on time
You pay interest or late fees.
A good goal to save for as a teen
What is a car, college, or trip?
One way to avoid being scammed online
What is don’t share personal info and shop on trusted sites?
What does minimum wage mean?
What is the lowest hourly pay allowed by law?
The one thing a teen should include in a budget
What is savings, lunch money, gas, etc.?
What is a credit score used for?
To show how good you are at managing borrowed money.
A safer place to keep savings than under your bed
What is a bank or credit union?
One thing teens often overspend on
What is fast food, clothes, or entertainment?
One way to make money online as a teen
What is content creation, tutoring, selling products, etc.?
When you spend more than you earn
What is being in debt or overspending?
Name one thing that can hurt your credit score
What is missing payments or having too much debt?
Interest
Money earned from keeping money in a savings account.
If a phone costs $600 and you can only pay $100/month, how many months will it take?
What is 6 months?
What is networking and why is it important?
What is meeting people who can help you grow or find work?