Budgeting

What percentage of Australians aged 18-24 report mental health symptoms related to financial stress?

• 40%

• 45%

• 50%

• 55%

Financial Stability isn't just about wealth; its .......

• how you can have a shopping spree without your parents asking "Do you really need this?"

• What helps you buy more shoes that you don't need

• fundamental to mental well being

• why you can have a new phone every time a new one comes out (because, priorities)

What percentage of your Teen Budget should be allocated to Savings?

• 50%

• 30%

• 20%

• 100%

What is a gift or experience item?

• Makeup

• Clothing

• Offering

• Food

What is not considered income as a teen

• Gift

• Allowance

• Pay from Work

• Pocket change found in the couch cushions

Budgeting for Future You - How much of your budget is to be allocated to Needs

• 50%

• 30%

• 20%

• 100%

Which category does "Treat Yourself" fall under?

• Needs

• Wants

• Savings

• Using your last $5 on a bubble tea and calling it 'self-care'

What is an example of a need

• A new iphone

• A shopping spree

• Rent or mortgage Payment

• Getting your hair done

What is an example of a WANT?

• Rent or mortgage payment

• A monthly gym membership

• Groceries for the week

• Health insurance

Which of the following is a good way to start saving money as a teenager?

• Spend all your allowance on social media influencers' merch

• Put aside a small portion of your income into a savings account each week

• Wait until you're older to think about saving money

• Spend everything you earn on things you "deserve"