Abound Independent Living Jeopardy!

Money Matters

100

This account is usually free and protects your money from theft

Checking Account

200

This card can be used at ATMs and is connected to a checking account 

Debit Card

300

This card can be convenient, but beware if you can't pay the entire balance every month 

Credit Card

400

Method for tracking income and expenses

Budget

500

The higher the number of this, the better a borrower looks to potential lenders

Credit Score

Free Free Free

100

Business, non-profits, credit unions, schools, and civic organizations typically award these to students based on merit 

Scholarships

200

Form prepared annually by current and prospective college students to determine their eligibility for student financial aid

FAFSA - Free Application for Federal Student Aid

300

This is a magical place you can visit to study and access free wi-fi

Library (Student Center/Lab)

400

If you filled out the FAFSA you may receive several of these, and you don't have to pay them back

Grants!

500

PELL is the name of a grant that comes from where?

Federal Government 

Pay Backs

100

This resource may not be something you want to use to pay for college, but there are fixed interest rates, and other options that may make it easier to repay after you graduate 

Loans

200

This card may make it easier to be approved for an off-campus apartment you love, IF you pay it off completely every month 

Credit Card

300

If you have a credit card and do this every month, it's very likely that your credit score will increase 

Pay on time!

400

There are two classifications of loans: Federal loans and _______ loans

Private Loans

500

There are many considerations when choosing a credit card that is right for you. Name one.

Annual Percentage Rate (APR), minimum repayment, annual fee, introductory interest rates, rewards 

Budgeting 101

100

Without this you have no idea how much money to spend or save

Budget

200

A new iPhone is a "want", what is food?

Need

300

Using this card has no impact on your credit score

Debit Card

400

You borrowed money from your savings account to fix a flat tire. What tools can you use to restore savings?

Update Budget/Savings Plan

500

My new supervisor says I will be paid $250 gross income bi-weekly, but that's not the amount I use for my budget. I will use _________ Income for my budget.

Net Income