Budgeting 50-30-20 Rule
This percentage of your income should go toward needs like rent and groceries.
What is 50%?
True or False: Healthy boundaries help protect your well-being.
What is true?
There are this many minutes in one hour.
What are 60 minutes?
This is something you can set on your phone to remind you when it’s time to leave.
What is an alarm (or reminder)?
A goal is...
What is something you want to achieve?
This category includes entertainment, dining out, and hobbies.
What are wants?
This is saying “no” to protect your time and energy.
What is setting a boundary?
What does the minute hand count by on a clock?
What is by five?
True or False: Doing this the night before—like picking out clothes or packing a bag—helps you be on time.
What is true?
True or False: Writing down your goals helps you to stay on track.
What is true?
Savings and debt repayment fall under this percentage.
What is 20%?
Name one thing a good boundary is?
Clear, Respectful, Firm
This is the total time between 1:30 PM and 4:00 PM.
What is 2 hours 30 minutes?
Name one tool you can use to show up to events on time?
You want to save money. Which goal is better?
A) “I want to save money.”
B) “I will save $100 in one month.”
What is B?
If you earn $1,000 a month, this is how much should go to savings under this rule.
What is $200?
Your friend keeps grabbing your phone without asking.
What is something you could say to set a boundary?
What is “Please ask before using my phone.”
A movie starts at 3:00 PM and ends at 4:15 PM.
How long is the movie?
What is 1 hour 15 minutes?
Jamie has a doctor’s appointment at 3:00 PM. It takes 20 minutes to get there. What time should Jamie leave to be on time?
What is 2:40 PM?
(2:30 to be early!) :)
You have a goal to finish a project by Friday. You also have sports practice every day and homework each night. What is one strategy you can use to make sure you reach your goal on time?
What is breaking the project into smaller tasks and scheduling time each day (or planning/prioritizing your time)?
Jordan earns $2,500 per month and follows the 50-30-20 rule. After budgeting, Jordan realizes their rent and groceries (needs) cost $1,400. Are they staying within the recommended amount for needs?
What is no, because 50% of $2,500 is $1,250, and $1,400 is over budget?
You are tired but a friend wants to keep talking on the phone late at night. What is the best response?
“I’m tired, I need to go to bed. We can talk tomorrow.”
Sami starts homework at 5:45 PM and finishes at 7:10 PM. How much time did they spend on homework?
What is 1 hour 25 minutes?
You wake up at 7:30 AM. You need 20 minutes to get ready and 15 minutes to travel. You must arrive by 8:00 AM. Will you be on time or late?
What is late?
(Hint: Specific, Measurable, Achievable, Realistic, Time)
“I will save $500 in 3 months by following the 50-30-20 rule” is an example of this type of goal.