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3.3 Strategies to Save
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Game Code: 1611106
English
8
Public
NGPF 3.3
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khanrahan
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What is our coping skill of the day?
15
What is the budgeting rule of thumb?
50% Needs; 30% Wants; 20% Savings
50% Wants; 30% Savings; 20% Needs
15
Groceries, Housing, Utilities, Health Insurance, and a Car Payment are examples of...
Wants
Needs
15
Shopping, eating out, and hobbies are example of...
Needs
Wants
15
Which strategy will help you save the most money?
At the end of the month, put leftover money in savings
As soon as you get paid, put a fixed amount in savings
15
What is the benefit of automating your savings account contributions?
Your $ is transferred automatically and guarantees savings
You can change the amount you deposit each month
15
What does it mean to "pay yourself first"?
Deposit $ into your savings account before spending any
Purchase an item you want before something you need.
15
What does it mean to set up an “automatic deposit”?
You set up an amount of your paycheck to be deposited into an account automatically.
15
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