Finance for College Freshman

Multiple Choice

Which of these is the BEST way to track your spending?

• A handwritten notebook

• A budgeting app

• A pile of receipts

• No tracking at all

Multiple Choice

What mistake is Sarah making based on this statement?

• Paying off the full balance each month

• Keeping a high balance and making only minimum payments

• Never using her credit card

• Only using credit cards for emergencies

Fill in the Blanks

A good rule of thumb is to keep your credit utilization below

% to maintain a healthy credit score.

Open Ended

What are two things a college student can do to avoid overspending while still enjoying social activities?

Poll

What’s the biggest financial challenge you’ve faced as a student?

• Sticking to a budget

• Understanding student loans

• Paying credit card bills

• Balancing work and school