5 Foundations
1st Foundation
What is Save a $500 emergency fund?
Your greatest tool to building wealth is _____
What is your income?
A security that represents part ownership of a company is called a(n) _____.
What is a stock?
The portion of an employee’s pay held back to cover taxes and other deductions
What are withholdings?
How old is Mr. Sands.
What is 25?
2nd Foundation
What is Get out of debt?
The amount you earn before taxes and other payroll deductions
What is gross income?
A written plan for giving, saving, and spending
What is a budget?
Set aside $ for medical expenses, before taxes
What is an HSA?
How many offspring does Mr. Sands have?
What is 3?
3rd Foundation
What is Pay cash for your car?
The purpose of life insurance is to replace your _____ when you die.
What is income?
The deadline for filing your income tax return usually falls on _____.
What is April 15?
A legal document listing how a person wants their assets distributed after their death
What is a will?
What four extra curricular activities did Mr. Sands participate in at Fairfield?
Tennis, basketball, baseball and marching band.
4th Foundation
What is Pay cash for college?
Money received for work, as a gift, or through investments
What is income?
Insurance helps you transfer the _____ from your bank account to the insurance company.
What is risk?
The practice of dividing the money a person invests among different types of investments in order to lower risk
What is diversification?
What is Mr. Sands best known for?
Nothing
Your parents have six sons including you and each son has one sister. How many people are in the family?
What is 9?
A man was walking in the rain. He was in the middle of nowhere. He had nothing and nowhere to hide. He came home all wet, but not a single hair on his head was wet. Why is that?
What is the man was bald?
Paul’s height is six feet, he’s an assistant at a butcher’s shop, and wears size 9 shoes. What does he weigh?
What is meat?
A red house is made from red bricks. A blue house is made from blue bricks. A yellow house is made from yellow bricks. What is a green house made from?
What is glass?
What can you put in a bucket to make it weigh less.
What is a hole?