Personal Finance
what is personal finance
understand how earning, budgeting, saving, spending, and giving affect your money
what is the first foundation
Save a $500 emergency fund
what is budgeting
a written plan for giving, saving, and spending
80% behvior and ___ head knowledge
20%
What is the second foundation
Get out of debt and stay out
What percent of american's budget
35%
How much is there in student loan debt in the US
1.5 trillion
What is the third foundation
Pay cash for car
What is the purpose of a budget
a financial plan that provides control over your money
What is a loan shark
person or entity that charges borrowers interest rates above an established legal rate
What is the fourth foundation
pay cash for college
What percent do you save in budgeting
94%
What is your biggest impact on your financal future
your behavior
What is the fifth foundation
Build wealth and give
What percent do you invest in budgeting
87%