Cash Trivia
What country were coins invented in?
China
Name ONE stock market in the U.S.
NASDAQ, NYSE, etc.
How much money should you save a month?
10%
Financial liabilities that a person has.
What is debt?
What does APR stand for?
Annual Percentage Rate
What is money made out of? Hint: It's two main things.
linen AND cotton
What stock is represented by the symbol AAPL.
Apple
What's the difference between a credit and debit card?
Debit - your own money, technically
Credit - charged to your line of credit (borrowed money)
The total worth of all the assets that someone has minus their liabilities.
What is net worth?
What coin has JFK on it?
The half dollar/ $0.50 coin
Coins that cost more to make than they're worth.
Pennies and nickels
What stock is represented by the symbol TSLA?
Tesla
What's the highest credit score someone can have?
850
Anything of worth that's owned by a person.
What is an asset?
What % of the world's money supply is actually physical?
8%
Who is on the $20 bill?
President Jackson
What stock is represented by the symbol MCD?
McDonalds
What is one factor that's used in calculating credit score?
your payment history, amount owed, new credit, length of credit history, and credit mix
The field of study of money.
What is economics?
The only bill that does not have a president. Extra points if you guess who's on the bill.
$10 - Alexander Hamilton
Name TWO other countries that use the U.S. dollar.
The British Virgin Islands, Timor-Leste (or East Timor), Bonaire, Ecuador, El Salvador, Federated States of Micronesia, Marshall Islands, Palau, Sint Eustatius, Saba, and Turks and Caicos.
What's the most expensive stock in the world? Extra points if you can guess it's current price.
Berkshire Hathaway - $800,000
What's the 50-30-20 rule?
50% of your money toward needs, 30% toward wants, and 20% toward savings
The Internal Revenue Service (IRS)
"Minting" is the process of making coins. Name one place where coins are minted. Hint: there's a letter on the front side of a quarter for the city.
Philadelphia, Denver, San Francisco, and West Point