Spending and Savings Plan

Why is saving Important?

• To use as a safety Net

• For the future and stability

• For management

• All of the Above

How much should we save?

• Use 50/25/25 rule

• As much as we need

• Use 50/30/20 rule

• none of the above

What are financial goals used for?

• Helps Prioritize

  More spending

• Financial Security

  Empowerment

• Freedom

  Increased Debt

• More Spending

  Increased Debt

What is a budget?

• a group that helps the community

• a safe place where people keep money

• a center where you can donate things

• a plan for spending and saving money

The goal of a budget is to SPEND less than what you EARN.

• True

• False

Any feedback is accepted :)