personal finance budgeting review n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Personal Finance Budgeting Review PowerPoint Presentation
Download Presentation
Personal Finance Budgeting Review

Loading in 2 Seconds...

play fullscreen
1 / 30

Personal Finance Budgeting Review - PowerPoint PPT Presentation


  • 106 Views
  • Uploaded on

Personal Finance Budgeting Review. Budgeting. Definitions: 200. Question : Debts you owe. Answer Liabilities. Back. Definitions: 400. Question : Small, secure storage compartment rented in a bank Answer Safe Deposit Box. Back. Definitions: 600. Question:

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Personal Finance Budgeting Review' - benedict-levine


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
definitions 200
Definitions: 200
  • Question:
  • Debts you owe.
  • Answer
  • Liabilities

Back

definitions 400
Definitions: 400
  • Question:
  • Small, secure storage compartment rented in a bank
  • Answer
  • Safe Deposit Box

Back

definitions 600
Definitions: 600
  • Question:
  • Cash and items that can be quickly converted to cash.
  • Answer
  • Liquid Assets

Back

definitions 800
Definitions: 800
  • Question:
  • The difference between the amount you own (assets) and the debts you owe (liabilities).
  • Answer
  • Net Worth

Back

definitions 1000
Definitions: 1000
  • Question:
  • Extra money to be spent or saved after taxes and necessities.
  • Answer
  • Discretionary Income

Back

expenses 200
Expenses: 200
  • Question:
  • Expenses that vary from month-to-month
  • Answer
  • Variable Expenses

Back

expenses 400
Expenses: 400
  • Question:
  • Expenses that do not change monthly.
  • Answer
  • Fixed Expenses

Back

expenses 600
Expenses: 600
  • Question:
  • Expenses that are not paid monthly and may vary in cost.
  • Answer
  • Periodic Expenses

Back

expenses 800
Expenses: 800
  • Question:
  • Describe P.Y.F.
  • Answer
  • Pay Yourself First
  • Whenever you receive money, place some aside to use later.

Back

expenses 1000
Expenses: 1000
  • Question:
  • Provides a small income and other services for the elderly, disabled and orphaned minors.
  • Answer
  • Social Security

Back

budgeting formulas 200
Budgeting Formulas: 200
  • Question:
  • Net Worth
  • Answer
  • Assets – Liabilities = Net Worth

Back

budgeting formulas 400
Budgeting Formulas: 400
  • Question:
  • Net Cash Flow
  • Answer
  • Income – Expenses = Net Cash Flow

Back

budgeting formulas 600
Budgeting Formulas: 600
  • Question:
  • Overtime Rate
  • Answer
  • Hourly wage x 1.5 = Overtime Rate

Back

budgeting formulas 800
Budgeting Formulas: 800
  • Question:
  • Debt Ratio
  • Answer
  • Liabilities / Net Worth = Debt Ratio(lower is better!)

Back

budgeting formulas 1000
Budgeting Formulas: 1000
  • Question:
  • Liquidity Ratio
  • Answer
  • Liquid Assets / Monthly Expenses = Liquidity Ratio (higher is better!)

Back

document storage 200
Document Storage: 200
  • Question:
  • Employment Records, Tax Records, Housing Records, Insurance Records
  • Answer
  • Home Files/Filing Cabinet

Back

document storage 400
Document Storage: 400

D

  • Question:
  • Resume, Tax Records, Current/Past Budgets
  • Answer
  • Home Computer

Back

document storage 600
Document Storage: 600
  • Question:
  • Your will, birth certificates, valuable collectibles, car titles
  • Answer
  • Safe Deposit Box

Back

document storage 800
Document Storage: 800
  • Question:
  • Things you own/have value.
  • Answer
  • Assets

Back

document storage 1000
Document Storage: 1000
  • Question:
  • The money you have coming in and the money going out.
  • Answer
  • Cash Flow

Back

budgeting potpourri 200
Budgeting Potpourri: 200
  • Question:
  • Trade Off
  • Answer
  • Opportunity Cost

Back

budgeting potpourri 400
Budgeting Potpourri: 400
  • Question:
  • Total income before deductions are subtracted.
  • Answer
  • Gross Pay

Back

budgeting potpourri 600
Budgeting Potpourri: 600
  • Question:
  • Provides medical insurance to the elderly and to some disabled Americans
  • Answer
  • Medicare

Back

budgeting potpourri 800
Budgeting Potpourri: 800
  • Question:
  • Purpose of the W-4.
  • Answer
  • Allows the employer to withhold income taxes from employee’s wages to go to the federal government.

Back

budgeting potpourri 1000
Budgeting Potpourri: 1000
  • Question:
  • Relies on the tax payer for financial support.
  • Answer
  • Dependent

Back

final jeopardy
Final Jeopardy
  • Question:
  • Goal of the zero-based budget.
  • Answer
  • To spend on paper what you intend to earn/spend prior to earning the money. Assign all money to a category.

Back

daily double

Daily Double

*The winner of the last round needs to

write down how many points

you are willing to risk.*

If you get the question right, you win those points!

If you get it wrong, you lose those points!

daily double1

Daily Double

*The winner of the last round needs to

write down how many points

you are willing to risk.*

If you get the question right, you win those points!

If you get it wrong, you lose those points!