Digital Dough Dilemmas
POV: You Run A Business
It's giving... Financially Secure.
Give Me a Little Credit
100
Buying something (physical like a toy or digital like a game) using the internet and a card.
What is an online purchase
100
You sell lemonade for $1 per cup. A customer gives you this coin. How much change do you owe?
What is $0?
100
Money you keep somewhere safe in case something suddenly comes up.
What is an emergency fund?
100
If a friend gives you a Kit Kat on the promise that you will get them 2 later, they are ______ you.
What is trusting?
200
It's okay to share the passwords to your bank account with a few people in case you forget it. (TRUE or FALSE)
What is FALSE?
200
You sold 10 bracelets for $2 each. How much money did you make?
What is 20$
200
"Your family saves $350/month for surprises. After 7 months, their car needs new tires worth $1,800 in total. Can they cover it?"
What is Yes?
200
"Banks lend money to adults using special cards. These cards let you buy now and pay later."
What are credit cards?
300
"Fake emails pretending to be Amazon asking for your parents' credit card"
What are (Phising) Scams?
300
Your dog-walking business earns $100/month. You spend $30 on treats and leashes. Your revenue is ___.
What is $100?
300
"I need to make a plan for how to spend my money so I don't overspend on this trip!"
What is a budget?
300
Name different examples of how credit can be used. ($300 per correct answer)
To buy any of the following:
House (Mortgage), Education (Loan), Business Growth (Loan), Car (Loan), Buy Something you lack the money for right now.
400
Websites and apps that allow you to manage your bank account at almost any time.
What is online banking?
400
You sell 3D-printed phone cases for $20 each. Materials cost $8/case, and your printer lease is $100/month. Calculate your monthly profit if you sell 20 cases/month.
What is $240?
400
The name given to larger purchases that tend to keep their value or get more valuable over time. (Hint: Cars, Buildings, Stocks)
What are assets?
400
"A three-digit number (300–850) that predicts if you’ll repay loans. Hint: It’s not your age."
What is a credit score?
500
Buy now, pay later apps like Klarna and Afterpay are better and safer than a credit card. (TRUE or FALSE)
What is FALSE?
500
You verbally agree to rent a cart for $200/month. A month later the person says there is no proof of the agreement and refuses to pay. To avoid this, you could have signed a...
What is a (written) contract?
500
Diversifying investments across stocks, bonds, and real estate reduces this.
What is financial risk?
500
"Paying only the minimum on a $5,000 debt at 5% APR means you'll pay this much extra over a year."
What is $250?