I Owe, I Owe ... Its off to work, I Go Budgeting & Saving Credit
100
What is "Broke"
Defined in one word: 1) to have no money 2) Being in the hole
100
What is "Saving"
What term goes along with the following definition?
“Income withheld from current spending for future use”
100
What is "Credit"
What term goes along with the following definition?
“A loan that enables people to buy something now and to pay for it in the future.”
200
What is “Living paycheck to paycheck”
A common phrase describing the financial situation of living from one pay period to the next.
200
What is a "Fixed Expense"
What is an expense that does not change from time period to time period?
200
What is "Mortgage, Credit Card, School Loan, Car Loan"
What's the worst kind of debt you can have? (4 types of debt name 1)
300
What is a "Loan"
This will allow you to use someone else’s money to buy things
300
What is "Budgeting"
What does it mean "to estimate income and expenses?
300
What is "Good Credit, Bad Credit"
What are the two types of credit?
400
What is "Beer budget"
Finish this statement "Don't have champagne dreams on a..."
400
What is a "Variable Expense"
What is an expense to a person or business that varies over time according to a number of factors.
400
What is
"Your identity
Credit Information
Public Record
Recent Inquiries"
What is on a credit report? (Name 2 items)
500
What is a "Credit Card"
A small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
500
What is "True"
True or False: Today, Budgeting is easy
500
What is
"Pay bills on time
Do not over extend your credit
Pay more than minimum due
Do not apply for multiple accounts
Avoid bad credit
Check your credit report"
What are 3 ways you can maintain good credit?






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