Budget Bosses
The simple plan that shows your income and expenses.
What is a budget?
Budgets = clarity and control → leadership skill.
A goal that can be achieved in under a year.
What is a short-term goal?
Short goals motivate long-term success.
A three-digit number showing how likely you are to repay debt.
What is a credit score?
Credit = financial reputation.
The maximum amount you can borrow on a card.
What is credit limit?
Limits aren’t goals.
When someone uses your personal info to pretend to be you.
What is a identity theft?
Protecting yourself is self-leadership.
Expenses that stay about the same every month.
What are fixed expenses?
Predictability helps planning.
SMART goals: Specific, Measurable, Achievable, Relevant, and…?
What is Time-bound?
Timelines create accountability.
The record of your loans, payments, and accounts.
What is a credit report?
Reports shape opportunities.
The percentage fee charged for borrowing money.
What is Interest?
Interest is the cost of time.
Fake emails/texts trying to steal your info.
What is a phishing?
Slow down and verify sources.
A method where you divide money into needs, wants, and savings
What is the 50/30/20 rule?
Frameworks make decisions easier.
One strategy for staying motivated with money.
What is Accountability Partner, visuals, auto-savings, rewards......?
Motivation is a leadership behavior.
One thing that hurts your credit score.
What is: Late payments, high utilization, hard credit inquiries, closing a credit card....?
Many habits are simple fixes.
$1,000 and balance is $300 — utilization %?
What is 30%?
Under 30% is best practice.
One piece of info to NEVER share publicly.
What is a SSN, card numbers, bank account number, ...etc.?
Guard your data like your home
You overspent by $75. Name one leadership action to adjust next month.
Reduce a category, increase income, or shift priorities.
Leaders adapt — budgeting is flexible.
Save $600 in 6 months. How much per month?
What is $100 per month?
Break goals into manageable pieces.
True/False: Checking your own credit hurts your score.
What is false?
Soft checks don’t affect credit.
One smart leadership move for using a credit card.
What is the pay on time, low balance, track spending?
Discipline builds trust.
You spot a suspicious charge. What’s your first move?
What is call the bank/card company immediately?
Quick action prevents damage.
Giving every dollar a job so none is left unassigned.
What is zero-based budgeting?
Purpose-driven money = empowerment.
The leadership skill needed to choose which financial goal to tackle first.
What is Prioritizing?
Leaders make intentional trade-offs.
Where you get free annual credit reports safely.
What is AnnualCreditReport.com?
Use official sources; avoid scams.
Before accepting a “0% for 6 months” offer, ask this question.
What’s the interest after 6 months?
Leaders read the fine print.
A tool that requires lenders to verify identity before opening accounts.
What is fraud alert or credit freeze?
Boundaries keep you safe.