Savings
When you add a consistent amount of money, collecting in a safe place for later use
What is savings?
Debt is when you take out loans and fail to pay back on time
What is debt?
Credit is the act of borrowing money, goods, or services with the promise of returning them and/or repaying
What is credit?
Good
Is the higher a credit score good or bad?
Writing/keeping track of finances or being too restrictive/lenient
What is something that people forget about when budgeting?
At least 5% of each check
How much should you add to your savings?
Paying loans, taxes, or grants on time, and don't take out more than you can pay
How do you prevent debt?
Survive in the world
What is the point of having money?
High yields savings account and certificates of deposit
What kind of savings account creates interest?