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Score
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15
×
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15
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What is the 20/10 Rule?
A financial strategy to help you avoid dangerous levels of debt.
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What is income?
Money received, especially on a regular basis, for work or through investments.
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If I have late payments or unpaid payments will it negative impact my credit score?
Yes Absolutely
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What is considered a Good credit score?
On a scale of 300 to 850, 700 to 749. Anything higher is considered excellend
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thief
Give points!
5
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15
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25
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star
Double points!
Okay!
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fairy
Take points!
5
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25
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lifesaver
Give 20 points!
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15
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How many months should I budget for within one year?
12 months
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15
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What is Financial Literacy
The ability to understand and manage my personal finances.
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Why does Financial Literacy matter?
Ability to create and stick to a budget. Keeping track of how my money is spent.
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banana
Go to last place!
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seesaw
Swap points!
Okay!
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rocket
Go to first place!
Okay!
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baam
Lose 5 points!
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15
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what percentage of your wages does Mrs. Davis suggest you save while here at FGJC?
70%
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How much should I save from each check while at FGJC?
70% For housing, Transportation, furniture, and other expenses.
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trap
No points!
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shark
Other team loses 15 points!
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fairy
Take points!
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25
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thief
Give points!
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25
15
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The amount of money you need depends on?
Lifestyle, Location, and financial goals
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15
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Why is creating a budget important to you?
Used to determine your financial goals, then outlining the monthly and annual income, expenses, and savings.
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15
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Where can I find my Credit Score?
creditkarma.com
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