Professional Documents
Culture Documents
What is Budgeting?
Wants Needs
● Shoes *Water
● Eating out *Clothes, Money, House
● Shopping
● Traveling
Activity- Budgeting
Make A Budget
For Example ->
Good Debt vs Bad Debt
● Can you afford it?
● Is it a want or a need?
● Will it help you gain
more money?
Good Debt or Bad Debt?
Cost: $399
Good Debt or Bad Debt?
Cost of graduating: $144,000-
$280,000
● What is credit?
● Credit is an agreement in which someone decides to pay for
something later with interest fee’s later.
● What are credit scores?
● - if you have higher or lower interest rates.
1. Buying a House
2. Buying a car.
Annual Percentage Rate (APR)
What is investment?
$1,000 5% 1 year ?
$1,000 5% 5 years ?
$10,000 6% 1 year ?
$10,000 6% 5 years ?
Thank you!!
Questions??