Thanksgiving Trivia
On average, how many people attend the Macy's Thanksgiving Day Parade each year?
About 3.5 million
Ingredients:
Turkey.
What is Turkey?
Enough money to live on for 3-6 months if you are unable to earn your usual income.
What is an Emergency Fund?
A financial institution owned by its members.
What is a Credit Union?
Tax paid on the purchase of certain “unnecessary” goods, such as alcohol and tobacco.
What is an Excise Tax?
What year did the first Macy's Thanksgiving Day Parade start?
1924
Ingredients:
Butter, mashed sweet potatoes, milk, brown sugar, vanilla, salt and eggs in a large bowl, optional: marshmallows
What is sweet potato casserole?
Expenses that are the same from month to month, like rent and car payments
A financial institution that is for profit.
What is a Bank?
Determined by Congress and the President, and involves taxes and government spending.
What is Fiscal Policy?
Who was the first President to pardon a turkey?
Ingredients:
Chicken and beef stock cubes, butter and flour.
What is gravy?
When income and expenses are equal.
What is a balanced budget?
A fee that is incurred when you spend money you don’t have.
What is an Overdraft Fee?
The form you fill out when you get hired, telling your employer how much you want them to withhold from each paycheck for income tax.
What is a W4?
How long was the first Thanksgiving celebration?
3 days
Ingredients:
Pie shell, pumpkin, eggs, condensed milk, sugar, cinnamon, ginger, nutmeg, cloves, allspice.
What is Pumpkin Pie?
Money that is backed by the faith in the US government.
What is Fiat Money?
A federal law states you can withdraw or transfer money from your savings account _______ times per month.
What is 6 times?
Tax paid based on assets you SOLD and made money on, like a car, house, or stocks.
What is a Capital Gains Tax?
Name two of the four types of meats served at the first Thanksgiving celebration?
Venison, swan, duck and goose
Ingredients:
Oven toasted bread cubes, onion, celery, dried seasonings, butter, and warm chicken broth.
What is Stuffing?
Samantha makes $400 per month working at Cold Stone. In the month of August, she spent $100 on clothes, $100 on gas for her car, $100 for her phone bill, $100 for car insurance, and $95 for a trip to the beach with her friends. Samantha has a ___________ budget for August.
What is a Deficit?
A loan that is NOT backed by an asset.
What is a Non-Collateralized Loan?
In January of each year, your employer provides you with a summary of earnings and tax withholding that tells you how much you made and how much tax you paid for that year. This is called a ______ Form.
What is a W2?