Vocab
Drawing
Death
Working
Random
100
This document bequeaths inheritance to the specified beneficiaries.
What is a will.
100
Step up to the board
You will select a word or note at random, you must draw whatever the card says while your team attempts to guess it. You will have 60 seconds.
Vocab, slide names, games.
100
Provide 8 examples of items that may be included in an inheritance. You can not say house, car, or cash.
Anything else.
100
3 examples of side-hustles may include.
What are grub hub, Esty shops, uber, lyft, ghost writing, ect...
100
These are the only 2 certainties in life.
What are death and taxes.
200
This is part of the judicial system tasks with overseeing wills and executors of estates
What is a probate court.
200
Got to the board
Visually demonstrate 3 examples of lottery.
Bingo, scratch offs, power ball or mega millions cards, raffles, cards for card games, horses.
200
This planning process establishes asset distribution.
Estate
200
We saw a list of over 40 ways to make passive income, what are 3 of them?
200
Go to the board
In at least 3 complete sentences, describe what we have learned this unit.
Responses will vary.
300
Scholarships can be used to pay for a plethora of expenses, 6 of which include:
What is room and board, food, transportation, books, moving expenses, tuition, school supplies, etc...
300
Go to the board
You need to visually demonstrate 3 random vocabulary words. You may not speak or look at your team as they must correctly guess what you are drawing. You have 30 seconds.
Scholarships, will, inheritance, income, passive income, side-gig, lottery
300
Describe the 5 step process of making a will.
1. Identify assets
2. Appoint Executor
3. Choose beneficiaries
4. Sign
5. Store the will
300
Go to the board
In at least 5 complete sentences, describe the different types of ways there are to make money that we have described in class.
Answers will vary.
300
There are 5 types of gamblers, provide an explanation for 3 of them
Problem: Have an urge to gamble no matter their monetary or personal situation.
Pathological: Have an impulse control disorder and have an urge to gamble no matter what.
Organized Crime: Usually victimize and take advantage of players and cheat the game.
Professional: Depend on their practiced skill, in control of their time and money.
Social: Plays for recreational entertainment, in control of their time and money.