Budgeting

What is a budget?

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What are the 3 parts to a budget?

• Income, Expenses and Savings

• Income, Deposit and Savings

What are the parts to the budget?

• Income

• Savings

• Expenses

• Withdrawals

What is the rule that speaks on our needs, wants and savings. HINT: This rule is focusing on budgeting not buying a cars.

• 40-20-40

• 70-20-10

• 50-30-20

• 20-4-10

What is a credit card?

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How any credit bureaus are there?

• 5

• 3

• 2

• 6

What are the names of the credit unions?

• TransUnion

• Equifax

• Exterminator

• Experian

What are some benefits of credit cards

• Some cards will allow you to earn points.

• You can establishing credit history.

• I can pay for items without having cash.

• You don't have to pay the money you borrowed back.

How many years does it typically take to graduate from a traditional college?

• 4

• 6

• 2

• 3

What is the rule for purchasing a car?

• 20-5-10

• 20-4-10

• 30-10-5

• 40-2-10