Budget
What % of income should you strive to put in savings monthly?
20%
What is a coupon?
either a piece of paper or online code that gives you a discount and allows you to save moeny
What does DIY stand for?
Do It Yourself
What does it mean to "live within your means"?
Income is higher or equal to all your expenses
Name 3 places you can find coupons
Newspaper, online, in your email (if you're sign up for the news letter), rewards programs, at the bottom on receipts
What are two free activities you can do in your hometown?
Varies
What is the difference between a need and a want?
A need is something that you CANNOT live without (food, shelter, ect..) a want is something that you CAN live without (nails, hair, videogames, entertainment)
You should NOT do this when couponing
Buy something you don't need just because it is on sale.
What is one way of saving spare change?
Putting it into a jar
What order should you pay your expenses?
Needs THEN wants
What is the name of a chrome add on to search for online coupons?
Honey
What are two ways to save money when eating out?
-sharing food with friends
-ordering off the kids menu
-bringing leftovers home to make a second meal
-asking about a student discount
What is a budget?
Comparing income to expenses to find where we are spending our money
What is stacking?
Using multiple coupons / using a coupon on sale items
What is the difference between name brand and generic brand?
Sometimes quality.
The label (most of the time)