Where the Bag at?! Where the Bag at?!
This is the act of buying something now and paying for it later WITH interest.
What is Credit?
What are all 7 Continents?
North America, South America, Asia, Europe, Africa, Australia, Antarctica
What does creating and following a personal budget help people do?
What is save money for emergencies?
Possible correct answers: "save money you might need later" or "save money for trouble" or "save money just in case..."
Wrong Answer: "to save"
*True or False:
Each month, Masha has $200.00 of disposable income after she has paid for all of her necessities each month; if she invests her extra money into the stock market she will be at low risk of losing her money?
What is False?
(Because investing in the stock market is risky due to the fact that how much money the stock makes is based on how well a company is doing at ANY given time)
This is a small plastic card issued by a bank, allowing a person to purchase good or services now and pay for them later.
What is a Credit Card?
This is a plan that is created by someone based off their income and estimated expense as a tool to help manage, save and monitor their money habits, to keep them out of debt.
What is a Budget?
This word means half of a sphere, or ball. People use the word to describe one half of Earth. Geographers have divided the planet into two sets of two of these. These are the Northern and Southern and the Eastern and Western __________.
What are Hemispheres?
What do personal budgets help people do?
What is manage their income?
Possible correct answers: " control their money" or "track their money" or " manage their money"
Wrong answer: " spend their money" or " find goods they want to buy" or "to buy things..."
Archie has a job at Kroger where he works 3 hours for 5 days, stocking shelves, moping the bathroom and greeting people as they enter the store.
Archie's job is considered to be_____________?
Hint (2):
Full Time Part Time
Low Skills High Skills
What is Part-time, Low Skills?
This is a fee paid for the use of borrowing money; also known as "the cost of borrowing money".
What is Interest?
People earn this ________ for giving their time and services to an employer. They use this to pay their bills and save what is left over for any emergencies that may occur.
What is Income?
**Double Jeopardy**
A Compass Rose tells directions on a map. The cardinal directions are North, South, East, and West; they are the only true directions. However, there are halfway points on a compass called _______ and they are:_________,____________,____________ and _______________.
What are Intermediate Directions?
And what is Northeast, Southeast, Southwest, and Northwest.?
Which type of job would a person likely earn the MOST income from over a yearlong period?
Hint (2):
Full Time Part Time
Low Skills High Skills
What is a full time, high skill job.
Donald has a weekly disposable income of $75.00. And plans on storing his disposable income at home in a safe.
Donald carries a (HIGH or LOW or NO) risk of losing his money without receiving any benefit?
What is No risk?
This is money borrowed (but has not been repaid) from when a person has spent/borrowed more money than they have; causing them to owe money.
What is being in Debt?
The process of projecting, organizing, monitoring, and controlling future income and expenses is known as _____________?
What is Personal Finance?
Although these are only imaginary lines, they appear on maps and globes as if they actually existed and run from the North Pole to the South Pole; What are these lines called?
What are Lines of Longitude?
What is a benefit of saving money in a bank?
What is because money in a savings account earns interest?
Lillian has a weekly disposable income of $50.00; and she decides to invest in her friend's new Nail Tech business with her disposable income.
Lillian carries a (HIGH or LOW or NO) risk of losing her money without receiving any benefit?
What is a HIGH risk?
This is a plastic card from a bank that can be used to purchase goods or services. The money for the purchase is immediately taken from your checking account to the seller. The key with this card is you can only spend the money that you have made.
What is a Debit Card?
Dulce has a job at Zumies where she works 5 hours for 5 days, putting out new merch, cleaning the dressing rooms, working the cash register and greeting people as they enter the store. She also get a discount on the clothes at the store because she usually works most of the days of the week.
Dulce's job is considered to be_____________?
Hint (2):
Full Time Part Time
Low Skills High Skills
What is Part-time, Low Skills?
This imaginary line that divides Earth into two equal parts: the Eastern Hemisphere and the Western Hemisphere. This imaginary line is also used as the basis for the world's time zones and has a longitude line of 0° and is known as the starting point for measuring distance both east and west around Earth.
What is the Prime Meridian?
***Double Jeopardy***
Once upon a time, Edgar McLucky won $500 from Mr. Beast for making a trick shot. Edgar is all excited to spend this money to upgrade to the Nintendo Switch (OLED Model) for $350 and buy Tears of the kingdom for $75. Is Edgar being financially responsible with his money if he takes whatever money is left over and places them in his savings account?
Yes, because he will have $75 dollars left over; if he saves this money, then the next time he has an emergency he can use it.
Mr. Doodle, a 35-year-old teacher, is saving money for five things:
(A.) Retirement
(B.) A family camping trip in the summer
(C.) His 7-year-old son’s college tuition
(D.) His 15-year-old daughter’s college tuition
Which items from the list represent Medium-term savings goals for Mr. Doodle?
What is (D.) save for his 15-year-old daughter’s college tuition.
Because his daughter will be attending college SOONER than any other activity on his list.
This is when your put money into a company, stocks, bonds, real estate (buying a house); at a HIGH RISK but offers profitable returns if successful (more money).
What is an Investment?