Budgeting
A plan of your expected income and how you will use it to meet your expected expenses over a period
What is a BUDGET?
Which of these is NOT an online method of payment?
A) Paypal
B)Amazon
C)Cash
D) Netflix
What is CASH?
This method of payment is linked to a checking account
What is a debit card or check?
What can a budget help you do?
a. Prioritize expenses and track spending
b. Track spending and increase your income
c. Use credit and prioritize expenses
d. Increase your income and use credit
What is PRIORITIZE EXPENSES AND TRACK SPENDING?
What career cluster would a tutor fall under?
What is EDUCATION AND TRAINING?
Which method of payment should I use when making a small online purchase?
a)Cash
b)Credit Card
c)Debit Card
d)Check
What is a DEBIT CARD?
What are some examples of Peer to Peer (P2P) payment?
What is VENMO, CASH APP, PAY PAL, ZELLE?
In the 50-30-20 Rule, 50% of your income should be spent on _____________.
a. Debt
b. Savings
c. Needs
d. Wants
What are NEEDS?
Free Space!!!!
Every group gets +200 points?
Something you would like to have
What are WANTS?
Which method of payment should I use when mailing money?
a)Check
b)Cash
c)Credit Card
d)Debit Card
What is a CHECK?
An app on your smartphone that allows you to store your debit and credit card information, coupons, and more.
What is a DIGITAL OR MOBILE WALLET?
What should be prioritized when creating a budget?
a. Future earnings
b. Career path
c. Credit score
d. Needs and Wants
What are NEEDS AND WANTS?
There are ___________ Career Clusters.
What is 16?
What are the following examples of? - paycheck, allowance, babysitting money
What is INCOME?
Which payment methods take money out of your bank account when you buy something?
a)Cash
b)Debit card
c)Credit card
d)Checks and Cash
What is a DEBIT CARD?
A type of prepaid card that has a specific amount of money you can use at certain stores..
What is a GIFT CARD?
How can a budget help you reach your financial goals?
a. Budgeting helps track spending and increases savings.
b. Budgeting reduces credit card interest rates.
c. Budgeting can help you make smart investments.
d. Budgeting allows you to earn more money over time.
What is Budgeting helps track spending and increase savings?
True or False
A debit card does not allow you to borrow money from the bank and pay it off later.
?
What is TRUE?
Which payment method doesn't require you to open an account with a bank?
A)electronic payment
B) check
C) gift card
D) credit card
.
What is a GIFT CARD?
A card that you can load money onto and use to purchase items
What is a PREPAID CARD?
Which payment method involves paying interest?
a)Checks
b)Credit card
c)Debit card
d)Cash
What is a CREDIT CARD?
What is the advantage of PIN?
What is Only you know the PIN so it's harder for people to steal your money?
What is Keeping People From Stealing Your Money?