Pay Yourself First Lesson

3 Slides • 7 Questions

Pay Yourself First

PYF

Set aside a portion of money every pay period before paying for anything else.
Usually 10%-20% per check.
Depository institution - think of banks.

Multiple Choice

How much savings do you think someone should have to be financially secure?

$1,000

1 month of expenses

6 months of expenses

1 year of expenses

Open Ended

Deonte, a college student, has $400 worth of expenses monthly. How much should he save to be financially secure?

Type response here

Open Ended

Teacher shout out. Give a teacher some love. Any teacher.

Type response here

Multiple Choice

The safest place to save money is

Piggy Bank

Under the bed

In a depository institution

Stock Exchange

Fill in the Blanks

Type answer...

Poll

Net income/Net pay is the amount after taxes and deductions are taken out

True

False

Open Ended

What does PYF stand for?

Type response here

Pay Yourself First

Show answer

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