Financial Literacy

Financial Literacy

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Storyboard Description

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Storyboard Text

  • Hey Dad, what's the difference between a credit and a debit card?
  • Well, there is a lot of things.
  • A debit card takes money straight from your savings account. A credit card is like borrowing money from the bank, but you will have to pay that debt back.
  • (Debit/Credit card)
  • That's why you should learn to budget your money, so you don't go in debt.
  • (Budget + Credit card/debit card)
  • Learn to budget your wants, your needs and your expenses.
  • (Budget + wants vs needs vs expenses)
  • Put money into the things you need like food, etc, then expenses like insurance. Then if there is leftover, you can buy that cool pair of shoes you wanted!
  • (wants vs needs vs expenses) 
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