Show:
Budgeting Basics
Student Loans & Financial Aid
Credit & Debt Management
Saving & Investing
Financial Goals & Planning
10

What are common expenses that college students often underestimate

What is 

  • Textbooks 
  • Groceries 
  • Transportation 
  • Entertainment
  • Utilities
10

What’s the most important thing to check when accepting a student loan

What is 

  • Interest Rate 
  • Repayment Terms 
  • Grace Period 
  • Total Loan Amount 
  • Subsidized vs. Unsubsidized 
10

What’s one factor that affects your credit score

What is 

  • Payment History 
  • Credit Utilization 
  • Length of Credit History
  • New Credit Inquiries 
  • Types of Credit Used 
10

Name something a college student should save for

What is 

  • Emergency Fund 
  • Travel/Trips 
  • Textbooks/School Supplies 
  • Rent/Housing 
  • Car/Transportation 
10

Name a SMART financial goal a student might set

What is 

  • Save $500 in 6 Months 
  • Pay Off Credit Card by End of Year 
  • Build Emergency Fund of $1,000 
  • Stick to Monthly Budget for 3 Months  
  • Graduate Debt-Free 
20

What’s one thing you should do before making a large purchase

What is 

  • Create a Budget 
  • Save Up 
  • Research Prices 
  • Check Reviews 
  • Compare Options 
20

Name a way to reduce student loan debt while still in school

What is 

  • Apply for Scholarships 
  • Work-Study Program 
  • Get a Part-Time Job 
  • Live at Home 
  • Take Community College Classes 
20

What are common mistakes people make with credit cards

What is 

  • Maxing Out the Card
  • Missing Payments 
  • Only Paying Minimum Balance 
  • Not Reading Terms 
  • Using it for Non-Essentials 
20

What’s one benefit of having an emergency fund

What is 

  • Peace of Mind 
  • Avoiding Debt 
  • Being Prepared for Emergencies 
  • Not Using Credit Cards 
  • Handling Unexpected Costs 
20

Name a common short-term financial goal for college students

What is 

  • Save for Spring Break 
  • Buy Textbooks 
  • Pay Off Credit Card 
  • Save for Rent 
  • Buy a New Laptop 
30

Name something students can do to reduce monthly spending

What is 

  • Cook at Home 
  • Use Public Transportation 
  • Shop with Coupons 
  • Cut Subscription Services 
  • Share Housing Costs 
30

Name something you should know before taking out a private loan

What is 

  • Interest Rate
  • Credit Score Requirements 
  • Repayment Plan 
  • Cosigner Requirements 
  • Fees 
30

Name something that improves your credit score

What is 

  • Paying Bills on Time 
  • Keeping Credit Utilization Low 
  • Paying More Than the Minimum 
  • Avoiding New Credit Applications 
  • Having a Mix of Credit Types 
30

What’s a good way to start saving money while in college

What is 

  • Set a Savings Goal 
  • Cut Unnecessary Expenses 
  • Use a Savings App 
  • Open a Savings Account 
  • Cook at Home 
30

Name a long-term financial goal a student might have

What is 

  • Buy a House 
  • Save for Retirement 
  • Pay Off Student Loans 
  • Start a Business 
  • Invest in Stock Market 
40

Name something that is considered a 'fixed expense' in a monthly budget

What is 

  • Rent/Mortgage 
  • Car Payment 
  • Insurance 
  • Phone Bill 
  • Utilities 
40

What’s one benefit of federal student loans over private loans

What is 

  • Lower Interest Rates 
  • More Flexible Repayment Options 
  • Subsidized Loans 
  • Forgiveness Programs 
  • No Credit Check Required 
40

Name a consequence of having a low credit score

What is 

  • Higher Interest Rates 
  • Loan Denial 
  • Lower Credit Limits 
  • Difficulty Renting Housing 
  • Difficulty Getting a Job 
40

Name a type of investment suitable for beginners

What is 

  • Index Funds 
  • Mutual Funds 
  • Stock Market Apps 
  • Bonds 
  • Robo-Advisors 
40

What’s one thing students should include in a financial plan

What is 

  • Budget 
  • Emergency Fund 
  • Savings Goals 
  • Debt Repayment Plan 
  • Investment Strategy 
50

Name a popular budgeting app used by students.

What is 

  • Mint 
  • YNAB (You Need a Budget) 
  • EveryDollar 
  • PocketGuard 
  • GoodBudget 
50

Name a grant or scholarship that students often apply for

What is 

  • Pell Grant 
  • Merit-Based Scholarships 
  • Need-Based Scholarships 
  • State Grants 
  • Private Organization Scholarships 
50

Name a way to avoid credit card debt

What is 

  • Pay Off Balance Each Month 
  • Stick to a Budget 
  • Avoid Impulse Buying 
  • Use Debit Card for Everyday Purchases 
  • Limit Number of Credit Cards 
50

What’s one reason students might invest while in college

What is 

  • Build Wealth Early 
  • Learn About Financial Markets 
  • Compound Interest 
  • Save for Future Goals 
  • Diversify Income 
50

Name one benefit of having a financial plan

What is 

  • Reduces Stress 
  • Achieve Financial Goals Faster 
  • Avoid Debt 
  • Save Money 
  • Plan for the Future