A low risk method of putting money aside for future use.
What is saving?
100
Tax paid after you buy something.
What is sales tax?
100
The things you are naturally good at.
What are aptitudes?
100
Paying with your money from your checking account.
What is debit?
200
The amount of money you receive every month BEFORE taxes and deductions.
What is gross monthly income?
200
Using money to generate more money, usually involving risk.
What is investing?
200
Tax taken out for the government retirement program.
What is Social Security?
200
The things you learn and are good at.
What are abilities?
200
Borrowing the bank's money with the intention of paying it back later.
What is credit?
300
The amount of money you receive every month AFTER taxes and deductions.
What is net monthly income?
300
A method of saving where you put aside a certain amount of money each month for yourself.
What is Pay Yourself First (PYF)?
300
Tax taken out for the government health insurance policy?
What is Medicare?
300
The things that are important to your life.
What are values?
300
The amount of money you pay in order to borrow the bank's money?
What is interest?
400
Bob Dole makes $1,000,000 a year. Every paycheck he pays $20,220 in federal income tax, $1,100 in state income tax, $2,123 for Medicare, and $3,123 for Social Security. He wants to know his net monthly income.
What is $56,767.33?
400
Cady Herron wants to retire comfortably. She wants to invest her life's saving in the Apple stock. She wants to know the advantages of investing in stock.
What is the potential to make lots of money?
400
Taxes taken out of your paycheck each month.
What is income, Medicare, and Social Security?
400
Joe Namath is thinking about picking a new career. The career placement office asks him to think about what he wants to do. He considers his ____________, ____________, and ____________.
What are his abilities, aptitudes, and values?
400
Buy now, pay later.
What is credit?
500
Regina George makes $324,567 annually. Every month she pays $2,324 in federal income tax, $1,239 in state income tax, $567 for Medicare, and $431 for Social Security. She also takes out an additional $250 for a premium health insurance plan and $1000 for a retirement plan. She wants to know her net monthly income.
What is $21,236.25?
500
Cady Herron wants to invest her money in Apple stock, but she wants to know the disadvantages of using stock.
What is she risks losing all her money?
500
Albus Dumbledore buys a new wizarding hat for $56.99. The sales tax rate is 10%. He wants to know how much money he will need at the register.
What is $62.69?
500
Radamel Falcao hates his job. He decided to do it because it paid a lot, but his job routinely takes him away from his family. He also struggles to get the work done. He wants to know why this happened to him.
What is he did not consider his values or his abilities?
500
Sergio needs new cleats for his professional soccer career. Unfortunately, Sergio did not saving money wisely. He has a credit card. The cleats he wants cost $150. He asks his friend Lionel about the advantages and disadvantages of using credit.
What is he'll get the cleats now and can pay back money overtime, but he will most likely pay more money for them in the end?