Show:
Budget
Saving
Investing
Debt
Investment Property
100

What is a budget?

an estimate of how much money you'll make and spend over a certain period of time

100
What are some ways to save money?

  • Make a budget 

  • Track your spending 

  • Avoid impulse buying

  • Use cash or debit instead of credit 

  • Cook at home 

  • Cancel unused subscriptions 

  • Buy second-hand

  • Use coupons or shop sales 

  • Set savings goals 

  • Pay yourself first

100
Why invest?

to grow their money over time and build wealth

100

What is debt?

debt is money that needs to be payed off

100

What is investment property?

An investment property is real estate purchased with the goal of earning a return through rental income, future resale or both.

200

What is the importance of a budget?

help you manage your money

200

What can saving help achieve?

  • buying a home 
  • retiring comfortably
200

What are some assets?

  • stocks
  • bonds
  • real estate
  • businesses with the goal of generating profit 
200

What are of perks of debt?

allows you to make purchases or investments now

200

What are the costs of a investment property? 

  • mortgage payments
  • taxes
  • maintenance
  • vacancies
300

What can a budget help reduce?

stress

300

 How do people save money?

People save money by creating a budget to track their income and expenses.

300

What is the difference between investing and saving? 

investing can carry some risks but have a higher returns

300

what is bad debt?

Bad debt is borrowing money for things that lose value quickly or don’t generate income

300

What are the factors to consider before buying an investment property?

 location, rental income potential, expenses, property condition, financing, local market trends, and legal requirements.

400

What can a budget help gain?

achieving goals

400

Why should we start saving early?

 more time for your savings or investments to grow through compound interest

400

What does it mean to invest money?

Investing money means putting your funds into assets.

400

What is good debt?

Good debt is borrowing money that helps build long-term value or income

400

What are the basic principles of buying a property to rent out and make money?

Buying a property to rent out and make money involves choosing a location with strong rental demand and potential for property value growth.

500

What does a budget help with?

income and expenses

500

Why do people save money?

to prepare for future needs, emergencies and financial goals

500

How do I know if I'm emotionally prepared to handle the risks of investing?

by understanding yourself

500

What are examples of bad debt and good debt?

good

  • a student loan for education 
  • a mortgage for a home

bad

  • high-interest credit card purchases  (non-essential)
500
Where should you buy investment properties?

- around schools

- around plazas

- areas with lots of benifits