Career
A way to make money while you sleep.
a) What is put your money under your pillow for the tooth fairy?
b) What is dream about money?
c) What is invest your money?
d) What is donate your money?
Which country is the most financially literate?
a) What is China?
b) What is Belgium?
c) What is Estonia?
d) What is Australia?
e) What is United States?
a) What is 1-2%
b) What is 2-3%?
c) What is 3-4%?
d) What is 4-5%?
Sometimes the US government is known affectionately by this nickname.
a) Who is Uncle Fred?
b) Who is Aunt Sally?
c) Who is Uncle Sam?
d) Who is Cousin Kathy?
People who do not know the difference between _____________ usually struggle financially:
a) What is taxes and insurance?
b) What is needs and wants?
c) What is buying and renting?
d) What is food and shelter?
A plan for how you will spend your money.
a) What is a paycheck?
b) What is a cash journal?
c) What is a credit card?
d) What is a budget?
An average 65 year old man can expect to live, on average, for this many more years.
a) What is about 10 more years?
b) What is about 15 more years?
c) What is about 20 more years?
d) What is about 25 more years?
e) What is about 30 more years?
c) What is about 20 more years?
If you purchase a bond and interest rates rise, what will happen to the price of the bond?
a) What is rise?
b) What is stay the same?
c) What is fall?
When paying taxes in the US, the more money you make,
a) The less taxes you pay
b) The more taxes you pay
c) Doesn’t make a difference because everyone pays the same amount in taxes
d) The more you hate paying taxes
b) The more taxes you pay
One major problem with using credit cards.
a) What is people lose them a lot?
b) What is people buy things they can’t afford?
c) What is people have to pay to use them?
d) What is forget to use them?
An average career will last approximately this many hours if you work for 43 years.
a) What is 86,000 hours?
b) What is 1 million hours?
c) What is 8,600 hours?
d) What is 860 hours?
What is 86,000 hours?
One thing the most financially successful people have in common.
a) What is always kept $500 in their pocket?
b) What is started a business early in life?
c) What is worked part-time when they were teenagers?
“Consider this: Jack and Jill are twins. At the age of 20, Jack started contributing $20 per month to a savings account. After 20 years, at the age of 40, he stopped adding to his savings, but he left the money in the account. Jill didn’t start to save until she was 40. Then she saved $20 a month until she retired 20 years later. Suppose both earned 6% interest per year on their savings. When they retired, this person had more money."
a) Who is Jack?
b) Who is Jill?
c) Who had the same amount?
A health insurance program that is funded by some of your taxes and run by the federal government.
a) What is FICA?
b) What is a state tax?
c) What is an unemployment tax?
d) What is Medicare?
If you use a credit card, you should:
a) What is pay the full balance of the credit card every month?
b) What is pay the minimum payment each month?
c) What is never pay the bill?
d) What is be able to buy anything you want?
a) What is up to $15?
b) What is up to $25?
c) What is up to $75?
d) What is up to $125?
3 things you have to pay for every month if you have a car
a) What are car payment, gas, tires?
b) What are car payment, gas, insurance?
c) What are gas, insurance, oil changes?
d) What are insurance, car payment, car washes?
If you had $100 in a savings account and the interest rate was 2% per pear, after 5 years, you would have:
a) What is more than $102?
b) What is exactly $102?
c) What is less than $102?
The average Social Security payment a person receives today per month.
a) What is over $5,000?
b) What is less than $1,000?
c) What is more money than the person used to earn each month when they were working?
d) What is more than enough to cover a person’s monthly bills?
You won’t be able to move out if you have
a) What is too many friends?
b) What is pets?
c) What is protective family?
d) What is bad credit?
This is not related to borrowing money.
a) What is a credit card?
b) What is a mortgage?
c) What is a debit card?
d) What is an auto loan?
a) What is 1 million?
b) What is 11.9 million?
c) What is 31 million?
d) What is 1.5 billion?
The annual interest you would earn on a savings account from a bank:
a) What is typically less than 8%?
b) What is may vary month to month and might be a negative number?
c) What is typically more than 8%?
d) What is generates income that is never taxed?
This changes your credit score
a) What is a credit card account was opened?
b) What is a 50% loss in the stock market for a your stock?
c) What is the minimum payment of a credit card was not paid for 3 months in a row?
Retirement income paid by the Federal government.
a) What is Social Security?
b) What is 401k?
c) What is IRA?