Everyday Budgeting
What is the term for writing down your income and expenses each month?
What is a Budget or Spending Plan?
Buying this brand is often cheaper than buying name brands.
What is store brand/generic brand/off brand?
Turning these off when you leave a room can lower your electric bill.
What are lights or appliances?
Many stores and places offer this type of special price reduction for Students.
What is a Student Discount?
True or False: It's better to hide your money in your mattress than in a bank
What is False?
This common method involves putting cash in labeled envelopes for groceries, bills etc.
What is the envelope method?
Planning this before shopping helps avoid impulse purchases.
What is a shopping list?
In most areas, what is the program called that offers internet for $10 or $30 a month based on your situation?
What is Access from AT&T?
This store often offers low-cost household essentials and groceries for $1.25
What is Doller Tree?
This type of bank account helps you keep money for emergencies
What is a savings account?
If you earn $2,000 a month and pay $1,200 a month in rent, how much is left for utilities, food, gas, cell phone and spending money?
What is $800.00?
Buying this type of produce helps stretch your food dollars.
What is seasonal or frozen produce?
Paying bills before this date helps avoid late fees?
What is Due Date?
This paper/digital App or card can help you save money on specific items that you buy?
What is a coupon or savers card?
Name one place that offers free help with budgeting/ spending plans or understanding/improving credit
What is...
Lakeshore Financial Coach
Simplify
CCCS
One way to avoid overspending is to use this form of payment instead of a card.
What is CASH?
This government program can help low-income individuals buy food.
What is Food Share?
Setting this up can help you avoid missing payments. (often available through banks)
What is automatic bill pay?
The name of one or two Apps that allows Students access to exclusive discounts
Unidays or Student Beans
This 3-digit number can affect whether you're approved for housing or loans
What is Credit Score?
True or False: Tracking your expenses weekly can help you spot wasteful spending?
What is TRUE?
How much per month should you spend on groceries?
What is 10% to 15%?
January 2025 estimate for a family of four is about $992 per month. (The USDA defines this family as a male and female between ages 20 and 50, and two children, ages 6 to 8 and 9 to 11.)
What is the name of the program that I can reach out to if I am having a hard time paying my electric and/or heat bill?
What is WHEAP?
Wisconsin Home Energy Assistance Program
True or False: Always ask if a discount is available, even if it is not advertised.
What is True?
This type of student loan is when the government pays your interest while you are in school
What is a Subsidized loan?