Short/Medium/Long-Term Goals
Financial Terms
True or False
Random Sumner Trivia
St. Louis Trivia
100

Saving money for a video game or a ticket to travel to a state in the United States.

Short Term Goal

100

Management of my (your) money

Personal Finance

100

Medium term goals take less than 1 year to complete.

FALSE


Medium term goals take 1 to 5 years to complete.

100

Everybody's favorite teacher A.K.A. the G.O.A.T.E.D. Teacher. 

Mr. Burton AKA Mr. B

100

American professional baseball team based in St. Louis.

Cardinals

200

Paying of a mortgage to buy a house.

Long Term 

200

A financial target set for 1 to 5 years in the future, such as saving for a used car or a laptop for college.

Medium-term Goal

200

An example of a short-term goal would be buying snacks for the weekend.

TRUE

200

The principal of the school.

Dr. Wallace

200

Legendary, cult-favorite spicy potato chip made by the Old Vienna Snack Food Co. as a staple of St. Louis, Missouri.

Red Hot Riplets 

300

Saving money to buy a USED car.

Medium Term

300

A financial target you want to achieve in less than one year, such as buying a new video game or a concert ticket.

Short-term Goal.

300

Paying rent for an apartment is an example of a long-term goal.

FALSE


Paying off a mortgage is an example of a long-term goal.

300

The gym coach/sports athletic director

Coach Roby

300

This famous St. Louis building was made in the 1960s and has a museum underground.

The Gateway Arch

400

Buying a ticket for a concert

Short-Term

400

DAILY DOUBLE

Giving up one thing to get another; the act of balancing different choices when you have a limited budget.

Opportunity Costs

400
Wearing expensive clothing and flaunting money is an example of being financially stable.

FALSE


Financial Stability isn't about the appearance. Its about how well you save your money.

400

Former AIC & Current Assistant Principal

Dr. Sumner

400

This musical artist is from St. Louis. Her real name is Solana Imani Rowe. What is her stage name?

SZA

500

Buying a good laptop for college

Medium-term

500

A financial target that will take 5 or more years to reach, such as saving for college degree or starting a business.

Long-Term Goal

500

Opportunity Cost is the value of the next best alternative that you give up when you make a choice; what you didn't get with your money.

TRUE

500

ROTC teacher

Staff Sergeant O'Dell

500

This famous singer graduated from Sumner High School in 1958, where she would be eventually "Rollin On The River"

Tina Turner

600

Saving for a retirement plan.

Long Term

600

The concept that resources (like money and time) are limited, meaning we cannot have everything we want at once.

Scarcity

600

Scarcity is when there is an abundance (a lot) of resources, such as money and time. This means we can have what we want when we want.

FALSE


Scarcity is the concept that describes resources, like time and money, are limited, meaning we cannot have everything we want at once.

600

DAILY DOUBLE


Who is the school named after? First and last name.

Charles Sumner

600

Sumner High School Was founded in what year?

1875