Financial Literacy
Money you earn
What is income?
How much money they get
What is Income?
30% of your budget should go to what?
What is Housing and Utilities?
Things that are necessary for living.
What is a need?
When you don't have the cash to but something right away.
What is credit?
Things you spend
What is expenses?
A list of things you want to buy.
What is a writing down expenses?
The percentage of your budget that should go to food and housing?
What is 20%?
Toys, video games, and extra clothes.
What is a want?
When you owe money because you borrowed it.
What is debt?
Money set aside for later.
What is Savings?
Putting money aside for future use.
What is how to save?
10% of you budget can go towards these things?
What is clothing & personal, transportation, saving & investing?
A place to live.
What is a need?
When items increase in value.
What is good credit?
A plan for how to manage your income and expenses.
What is a budget?
Deciding how to spend your money.
What is a reason to budget?
Miscellaneous expenses should take what percentage of your budget?
What is 20%?
Something you should drink everyday.
What is water?
What is bad debt?
Knowing when and how to spend money wisely.
What is smart spending?
What we use to buy things we need and want
What is Money?
A set spending plan.
What is a budget?
This helps you reach your goals.
What is saving money or managing money?
680 plus credit score.
What is an A credit?