Moneythink Reection Slip Name:

Session: Budgeting

1. List the 3 Major Rules of Budgeting:

i. ____________ ___________________________ First

ii. Spend ___________________ than _______________ _________________________.

iii. Follow the _____________________________________ Rule.

2. If you get $100 from your uncle for Christmas

i) You should save $_____________ immediately.

ii) You should use $_______________ to cover basic needs.

iii) You can spend $_____________ on whatever you want.

3. After discussing budgeting with your mentor, how likely are you to use a budget going forward?
A. Very likely
B. Likely
C. No change in my opinion.
D. Less likely
E. Much less likely.

4. Do you agree that the 3 Major Rules of Budgeting are essential to building net worth?
A. Strongly Agree
B. Agree
C. Neutral
D. Disagree
E. Strongly Disagree

5. If you answered disagree or strongly disagree, what do you think is more important than the 3
Major Rules of Budgeting in achieving future success?

6. In one sentence, what is your biggest takeaway from the Budgeting session?

7. On a scale from 1 10, how much did you enjoy the Budgeting session?