Budgeting Workshop Power Point Michael Meyer Ms&T Rev. 1

Editor's Notes

1. Fast Forward Sinbad video to 2:50 for “broke” sketch
2. before flashing this, might be good to ask them for their ideas. what expenses do they have? Mention some they might not have thought of or had yet (e.g. still in dorms…) They will be pleased to see how CC worksheet matches up… Make sure they all have these as handouts.
3. >50% is spent on housing and food
4. before flashing this, might be good to ask them for their ideas. what expenses do they have? Mention some they might not have thought of or had yet (e.g. still in dorms…) They will be pleased to see how CC worksheet matches up… Make sure they all have these as handouts.
5. The FICO score is a three digit number that determines the interest rate that you will pay on your credit cards, car loan, home mortgage, rental apartment Fair Isaac Corporation The score really is a measure of risk and how likely you are to pay back money that is loaned to you.
6. before flashing this, might be good to ask them for their ideas. what expenses do they have? Mention some they might not have thought of or had yet (e.g. still in dorms…) They will be pleased to see how CC worksheet matches up… Make sure they all have these as handouts.