Financial Literacy
What is the difference between needs and wants?
Needs – Items that are essential for you to be able to live and work (housing, food, water, electricity, etc.)
Wants – Expenses that help you live more comfortably. They’re the things you buy for fun or leisure. You could live without them, but you enjoy your life more when you have them (travel, leisure, designer clothing, gym membership, take out, coffee, etc.)
What is the only fruit with seeds on the outside?
Strawberries
What does Hakuna Matata mean?
No worries
What does ICG stand for? (hint we had one last week)
Integrated Community Gathering
What is the nickname given to our $1 coin?
Loonie
what are some examples of financial support at UTM? (Name at least 2)
-OSAP and other government aid
-University of Toronto Financial Aid (UTAPS)
-Other loans and student lines of credit
-Emergency grants
-Work study program
-Awards and Bursaries
What common salad ingredient is a member of the sunflower family?
Lettuce
What is the name of Sleeping Beauty’s Prince?
Prince Phillip
Who was OPH named after and what was his profession?
Oscar Peterson was a Canadian jazz pianist and composer.
The National Sports Act of Canada granted two different sports as the official sports of Canada. One is, unsurprisingly, hockey. What is the other?
Lacrosse
What are some examples of financial literacy resources? (name 3)
•Award Explorer | Undergraduate | University of Toronto
•Li Koon Chun Finance Learning Centre: About Us | University of Toronto Mississauga Library
•Financial Aid Advising | Office of the Registrar
•Student Loans | Office of the Registrar
•International Students Scholarships | Future Students. University of Toronto
•Financial Wellness - UTSU - University of Toronto Students' Union
In which country was Hawaiian pizza actually invented?
Canada
What is Flynn Rider’s real name in Tangled? .
Eugene Fitzherbert
Name all the residences on campus
What is the national animal of Canada?
the beaver
What is the 50-30-20 budget method?
50% goes towards your needs, such as housing costs, utility bills, groceries, loans and other mandatory expenses
30% goes towards your personal wants, such as dining out, entertainment, travelling, streaming services, and other subscriptions
20% goes to your savings, whether it’s a savings account, retirement fund, or other investments
What ingredient is added to brown sugar that makes it brown?
Molasses
What are the names of the seven dwarfs in Snow White?
Doc, Grumpy, Happy, Sleepy, Bashful, Sneezy, and Dopey.
Name all the UTM Residence mascots
Hawks
Grizzlies
Foxes
Beavers
Muskrats
Herons
Loons
Moose
Mice
Polars
Lynx
Orcas
What is the capital city of Canada?
Ottawa
What is the definition of financial literacy?
The ability to understand and effectively use various financial skills, including personal finance management, budgeting and investing.
What type of nut is used to make marzipan?
Almonds
Who is Remy’s culinary hero in Ratatouille?
Auguste Gusteau.
What is the DOD number?
(289) - 805 - 0580?
In which year did Canada officially become a country?
1867