Financial Literacy

What are needs?

• Things are important for us to be able to live and work

• Things that help us live comfortably

• BMW

• Mansion

What are wants?

• Things that help us to live and work

• Things that help us live more comfortably

• shelter

• food

Earrings

• need

• want

Smart Phone

• Need

• Want

Dishwasher

• Need

• Want

This is the process of creating a plan to spend your money

• savings

• budget

• smart

• checking

What does the "S" in S.M.A.R.T. stand for?

• spending

• special

• specific

• savings

What does the "M" in S.M.A.R.T. stand for?

• Money

• Millionaire

• Many

• Measurable

What does the "A" in S.M.A.R.T. stand for?

• Achievable

• Actual

• Awesome

• amazing

What does the "R" in S.M.A.R.T. stand for?

• Rules

• Realistic

• Ruin

• Relationship