Earning, Saving, and Spending

Savings is money you set aside

• True

• False

Which of the following is a NEED?

• Play Station

• Concert Tickets

• Housing

• BMW

You NEVER have to pay off credit cards

• True

• False

What is the BEST way to track your spendings?

• Check your bank account every 3 months

• Create a budget

• Rely on your parents to track it for you

• Don't track anything

Your credit score is checked when...

• You are applying for a credit card

• You are applying for college

• You are buying dinner

• You are riding a bike

You should always spend more than you earn

• True

• False

What do you save money for?

• Emergencies

• College Tuition

• Large Purchases

• All of the above

Which of these is an irresponsible spending habit?

• Paying bills on time

• Spending more than you earn

• Buying food and water

• Paying rent

I am going to create my own budget after this workshop

• True

• False

Which of the following are EARNINGS?

• Salary

• Allowance

• Interest from Savings

• All of the above