Are you smarter than a 5th grader?
Budgeting (Multiple choice)
Carreer/College
Risk it
Random
Finance, random
100

How many colors are in the rainbow ?

7

100

A debt you owe for goods (ex. food, games or clothes) and services (ex. hair cut)

a) Bills       b) Needs

c) Tax      d) Wants

a) Bills

100

How long should the resume be?

one page
100

Are you sure?

Add 100 point to your team's total

100

A pickle is made from what fruit or vegetable? 

cucumber 

100

As an investor, what are the risks involved with buying one company’s stock?

Can lose all invested money 

200

What direction does the sun rise from?

East

200

A plan for spending and saving income during a set period of time?

a) 401K retirement plan     b) net pay

c) Budget                         d) Social security

c) Budget

200
This is a letter that expresses your interest in applying for the job.

Cover letter

200

Are you Positive you want to risk it?

Subtract 200 from your teams total

200

What unit of measurement is abbreviated "oz"?

Ounces

200

The total amount of money you receive in a paycheck before anything is taken out is called what? 

a) Taxes                                    b) Bills

c) Gross pay/Income                 d) Savings

c) Gross income

300

According to the U.S. Constitution, the president is part of which of the three branches of government?

Executive 

300

Things you would like to have but are not necessary. 

a) Needs                                   b) wants


c) Bills                                        d) taxes

Wants

300

Why a lot of people are ok with paying more for college vs. starting woking immeadiatly? 

College grad earns more on average. 

300

Are you positive?

Add 300 to any team BUT yours

300

 On a NY license plate, is New York on the top or bottom?

Top

300

Name one organization/company that will definitely look at your credit report

Lender, utility company, landlord

400

What is the hardest mineral?

Diamonds

400

"Double jeopardy". Write down how much your team is willing to risk. Write down the answer  on the same board. Each team will  participate  and will gain/lose points (you can bet 0 if you want)

Which of the following represents the 50/20/30 Rule for budgeting? 

A) 20% Needs, 50% Wants, 30% Savings

B) 50% Savings, 30% Needs, 20% Wants 

C) 50% Needs, 30% Wants, 20% Savings  

400

When should you begin acting like your interview has started?

As soon as you walk into the bulding

400

Talk it over with your team. Are you sure?

Subtract 200 from your team and 200 another team

400

DOUBLE Jeopardy. Write down how much your team is willing to risk. Write down the answer  on the same board. Each team will  participate  and will gain/lose points (you can bet 0 if you want)

You have 20 pairs of shoes, but there is only room in your closet for eight shoes. How many pairs of shoes do you have to get rid of?

400

Money that is set aside for future short or long term goals or emergencies is called what? 

a) Taxes                                   b) Wants


c) Needs                                    d) Savings

d) Savings

500

Double jeopardy. Write down how much your team is willing to risk. Write down the answer  on the same board. Each team will  participate  and will gain/lose points (you can bet 0 if you want)

Whose picture is on the five-dollar bill?

500

Give example of secure debt

car, mortgage

500
What is one way cover letter is differs from resume?

Highlights your personal story.

Showcases that you are interested in the job.

500

HHHMMM think about it!

500 to your team AND another team

500

What kind of animal is Punxsutawney Phil

Groundhog

500

Which is a saving strategy where you put a fixed amount of money into a savings account immediately after receiving your paycheck instead of seeing what is left after paying for needs and wants? 

a) 50/20/30 rule                     b) Pay yourself first

c) Taxes                                         d) Medicaid

b) Pay yourself first

600

Which is the smallest planet in the solar system?

Mercury

600

Rent, electricity, gas, phone, groceries are examples of costs which are called what?

a) Taxes                                b) Expenses 

c) Wants                                d) income

b) Expenses

600

Four-year colleges typically offer what degree?

Bachelor

600

SURE about it?

Skip a turn picking a category but add 100 to your teams' total

600

How many bones do sharks have?  

0

600

How do banks make money off of the credit they issue? 

a) They charge a large, one-time fee at the start of the loan 

b)They take out a small fee each month from your checking account 

c) They charge a high interest rate on the loan 

d) This is a trick question - they DON'T make money! 

C