Finance Exit Ticket

According to the 50/30/20 Rule, how much of your budget should you devote to Wants?

• 80%

• 50%

• 30%

• 20%

According to the 50/30/20 Rule, how much of your budget should you devote to Savings?

• 80%

• 50%

• 30%

• 20%

According to the 50/30/20 Rule, how much of your budget should you devote to Needs?

• 80%

• 50%

• 30%

• 20%

Which of the following is not an investment?

• Certificate of Deposit

• Stock

• Bond

• Mutual Fund

• Checking Account

True or False: Your budget may change depending on fluctuations in your income and expenses over time.

• True

• False

Which payment method allows you to pay for something with money from your checking account?

• Credit Card

• Debit Card

• Loyalty Card

• Investment Card

True or Flase: Wants are subjective and personal.

• True

• False

One of the great secrets to saving is finding ways to make it...

• Hurt

• Hard

• Automatic

• Considerable