First Foundation
If your car breaks down, should you use your emergency fund?
What is Yes?
You can create a {blank} budget
What is a Zero-Based budget
To pay for a car, what should you do?
What is save money ahead of time.
What is interest?
What is the additional cost charged for borrowing money?
What does giving do to improve happiness?
What is improving lifespan and health.
Is it okay to put over $500 in an emergency fund?
What is Yes?
Are student loans good debt?
What is No
Should you lease a Car and make monthly payments?
What is No
What is the average student loan debt per person?
What is $30,000-$35,000.
Why is saving for retirement important?
What is lets retirement come earlier and brings financial security when you stop working.
Megan just bought a new car last week. One day, another car damaged her car's bumper. The damage is not serious but she wants the car to look nice for her friends. Should she use her emergency fund?
What is No, it is not a good idea to use her emergency fund. The damage is not serious and it is a want.
What is a zero-based budget?
What is when your income minus your total expenses equals 0
What is the difference between a credit card and a debit card?
What is debit cards use the money owned while credit cards borrow money that you have to pay back later
What are cheaper choices instead of a full-on college?
What is going to community college or taking a special program.
What is a part of the fifth foundation?
What is building wealth or giving.
What should you ask yourself before using your emergency fund?
What is you should ask yourself if the situation is really life-threatening or dangerous.
What is a good way of maintaining a zero-based budget?
What is keeping track of your budget on paper or by using an app you feel comfortable with
How long does it take for the average person to pay monthly for a car?
What is 69-72 months?
What is the total student loan debt in the U.S
What is $1.5 trillion.
What percent of your budget should go to giving?
What is %15.
What is the First Foundation?
What is Save a $500 emergency fund.
What is the Second Foundation?
What is get out and stay out of debt.
What is the Third Foundation?
What is pay cash for your Car?
What is the Fourth Foundation?
What is pay cash for college.
What is the Fifth Foundation?
What is build wealth and give