Show:
Credit Cards/Credit scores
Compound Interest/Debit cards
Houses or Apartments (also the Bean Game)
Banking/Savings/
Identity Theft
Cooking/Baking/
Knife Skills
100

Name three advantages of using a credit card.

Cash back rewards, security, build credit etc...



(answers may vary)

100

What is a debit card?

A card that takes money directly out of your account?

100

  1. What happens if you have pets and the apartment/ housing does not accept pets? 

You could get kicked out and lose any security deposits or anything they may have to give back to you. They could also require you to pay more in damages if they found the pet to be the cause (new carpets, chewing on things etc)

100

What is one way you could have your identity stolen?

Shop on an insecure site, lose your credit card, have your information sold by a 3rd party etc.

100

What is one ingredient people often mistake as a dry ingredient that is normally considered a wet ingredient when baking cookies?

Sugar

200

How old do you have to be to get a credit card?

18 years old

200

How does compound interest effect retirement goals

Start as early as possibly so your money has time to gain interest!

200

What is a Security Deposit?

Extra money a tenant pays a landlord for unpaid rent, unpaid utilities, or damage to the apartment. 
200

What should you do if your identity is stolen?

freeze your card, contact your bank, contact the police 
200

Show me with your hand the proper way to hold a knife as well as a proper "Bear Claw"

Pinch the blade wrap fingers around the handle. Bear claw is curving all fingers inward so they don't get cut under the knife blade.

300

What is the largest factor that determines your credit score?


Payment history (35%)

300

What is a reasonable yearly return on stock market investments?

8 to 11%

300

What percentage of your take home pay should be used for living expenses?

30%.

300

Is it possible to completely protect yourself from identity theft?

No.

300

what is french fry cut called.

Julienne

400

What should you consider when getting a credit card?

Fees + Interest Rates

400

Do debit cards help you build credit?

No

400

What things should you consider before getting a roommate?

If they can pay rent, are they compatible with your living arrangements, are they dependable, will they eat all of your food?

400

What steps can you take to protect yourself from identity theft?

Keep your cards secure, shop only on secure sites, use a virtual card instead of the actual card number.

400
What ingredients are usually considered the "dry ingredients" when you're making cookies?

Flour, salt, and baking soda

500

What is the lowest and highest credit score possible. 

300-850

500

What is an average interest rate for a credit card?

19 to 24%

500
How much money should you always keep in your emergency fund? (Hint think in terms of months)

3 months of expenses

500

What is an ATM?

Automated Teller Machine.

500

What knife cut is it called when you cut herbs into strips?

Chiffonade