Basics to Budgeting
This rule divides money into wants, needs, and savings
What is the 50/30/20 rule?
This monthly cost example was $1000
What is rent?
You should cut these if you don't use them
What are subscriptions?
Credit scores range between these numbers
What is 300-850?
What are fake messages pretending to be banks called?
What are phishing scams?
What is 50%?
This category had $100 in spending
What are subscriptions?
This type of saving often happens automatically
What are automatic savings?
What is the goal number for a good credit score?
What is 670+?
You should only share information on these sorts of platforms
What are official bank applications?
This percentage of income goes towards savings
What is 20%?
What was the food cost?
What is $400?
Saving gives you this over your money
What is control?
Good credit can lead to these things (name one)
Lower interest rates, easier approvals, better loan offers
What are passwords, PIN number, and routing numbers?
A budget helps you control this?
What is money and spending?
Total spending amount?
What is $1700?
A high-yield savings account earns about this % of interest
What is 4-5%?
Bad credit can lead to these things (name one)
More rejections, higher costs, less loan opportunities
Name one example from the slides of a financial scam
What are fake emails, scam texts, and fake job offers?