Budget
What is a plan for how you’ll spend and save your money?
A Budget
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 is the 50/30/20 rule ?
50% of income goes to needs, 30% to wants, and 20% to savings or debt repayment.
Name places you can find coupons
Coupons can be found in newspapers, apps, store flyers, websites, in your email (if you're sign up for the news letter), rewards programs, and at the bottom on receipts
What is one way of saving spare change?
Putting it into a jar
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)
True or False: Buy something you don't need just because it is on sale and you have a coupon for it.
False
This code is a discount or deal you use to save money when buying something.
Coupon
True or False: Wants should come before needs
This means getting a percentage of your money back after making a purchase
Cashback
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/Military discount
-Going during happy hour or when they have weekly deals
What does it mean to "live within your means"?
Income is higher or equal to all your expenses
What is stacking?
Using multiple coupons / using a coupon on sale items
Where can you find free activities to do in your city?
Local libraries (events, workshops, book clubs)
Community centers (fitness classes, art workshops)
City or town websites (calendars of free events)
Parks and recreation departments
Facebook Events or Meetup groups
Churches or nonprofit organizations
Bulletin boards at grocery stores or cafes