WnBF
What does WNBF stand for?
Women and Non-Binary in Finance & Economics
Name an online App that can help optimize budgeting and financial planning
Empower
Rocket Money
Or any other relevant Apps
We have a finance major in Oberlin. True/False
False:
We only have a finance Minor !
- Economics Major
- Financial Economics Major
- Business major
People need me yet they give me away everyday. What am I?
Money ! Money ! Money!
What is our Instagram handle ?
@oberlinwnbfinance ( Follow us Now ! )
Name one types of Budgets (on a personal level !)
- monthly budget
- paycheck-based budget
When price get really high what is it?
Inflation
Low on cash? Pick out items from this rack.
Clearance.
Who is the chair of the Econ department and faculty representative in WNBF?
Prof. Dr. Paul Brehm
Dividing your cash into envelopes to separate your money into specific uses is called ?
The "Envelop method"
Water is something I ____ and a nintendo switch is something ___.
need , want
- Water is something I need and a nintendo switch is something want
I can be a plan for how to spend, if you stick to me, your money won’t end. What am I?
A Budget
What is our Mission?
To teach others about personal finance and create a safe space for Women and Non-Binary identifying students
What is the first step we discussed last time to start a Budgeting Plan?
(Hint: __ versus __)
Identify needs Versus Wants !
Needs- Basic things that are necessary for survival
Wants-Things we desire to make our lives more satisfying
Economics is the Study of
a. How resources are used
b. Scarcity
c. Decision making
1. A and C
2. Only C
3. None of these
4. All of these
4- All of these
I can grow and shrink, I can be risky or safe. I’m often measured in percentages and can impact your wealth. What am I?
An investment.
Name one of our (WnBF) Goals?
- Strengthening Women & Non-Binary people's understanding of finance
- help developing confidence of Women & Non-Binary people in the Economics, finance and business or related industries
- Building confidence to make your own financial decisions
- Providing resources
-Understanding concepts and applying them to your daily life
- Foster a strong professional network
What does 50-20-30 in budgeting means?
(Hint: 50-30-20 is a rule of budget)
The 50-30-20 budget rule states that
- you should spend up to 50% of your after-tax income on needs and obligations that you must have or must do
The remaining half should :
- dedicate 20% to savings
- leaving 30% to be spent on things you want but don't necessarily need
What does ATM stand for?
Automated Teller Machine
I’m not a magician, but I can make money disappear. Keep your eye on me; I’m the reason you fear. What am I?
Debt