Smarter than a 10th Grader
If you put your money in this place, it will be safe, and you can use it later but you will earn 0.1-1% interest.
What is a bank?
This three-digit number determines your creditworthiness to lenders.
What is a credit score?
The primary backing of FIAT CURRENCIES according to financial history?
What is the confidence of the people in the government?
This rapper told us, “Mo Money, Mo Problems.”
Who is The Notorious B.I.G.?
This is the most common way to earn a wage.
What is an employee?
When you borrow money. You are required to pay it back and pay it back with...
What is interest?
This is the amount of money you must pay out of pocket before insurance starts to cover expenses.
What is a deductible?
DAILY DOUBLE!
What was the first form of CURRENCY used for trade?
What are Gold coins?
This artist sang about “Rich Girl” in a 2004 hit song.
Who is Gwen Stefani?
When you have the possibility of working an unlimited number of hours for a set amount of money (monthly or annually).
What is a salary?
This is what you use to pay for something if you don’t have cash and need to borrow money instead.
What is a credit card?
This rule helps you estimate how long it will take for your money to double.
What is the Rule of 72?
This phrase means putting some money away for future emergencies.
What is saving for a rainy day?
Every person should have an emergency fund with 3-6 months worth of savings in it. If you do not have this, let's work towards this!
Wu-Tang Clan rapped this 1993 classic about the hardships of growing up poor and the group's determination to rise above it.
What is C.R.E.A.M.?
Receiving this type of payment means you earn based on a percentage of sales.
What is a commission?
This is the act of putting money into a place with the expectation that it when it's returned, it's value is worth than you originally started with.
What is Investing?
The type of tax you pay when you earn money from a job.
What is income tax?
This currency was pegged to gold at a rate of $35 per ounce after 1945.
What is the US Dollar?
This rapper stated,"I get money... I...I get it! I run New York!"
Who is 50-Cent?
When your earnings are based on the company’s success, it is called this.
What is a bonus or profit-sharing?
DAILY DOUBLE!
This is a plan that helps you decide how to spend and save your money.
What is a budget?
A retirement savings account where contributions are made with after-tax dollars, allowing for tax-free withdrawals in retirement.
What is a Roth IRA?
DAILY DOUBLE!
The value of a currency will fluctuate based on supply and demand in this type of system?
What is a Fiat System?
There was a song titled,"It's all about..." the man on the front of the $100 bill!
What is "It's All About the Benjamins"?
Freelancers and contractors are often paid using this method instead of a regular salary.
What is invoicing?