Team 1
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Team 2
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Teams
Name
Score
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trap
No points!
Oops!
×
gift
Win 10 points!
Okay!
×
gift
Win 10 points!
Okay!
×
lifesaver
Give 25 points!
Oops!
15
×
True or False: You earn interest in a checking account
false
Oops!
Check
Okay!
Check
15
×
True or false: Once you put money in a savings account, it has to stay there for at least a year
false
Oops!
Check
Okay!
Check
×
trap
No points!
Oops!
×
magnet
Take 10 points!
Okay!
×
gift
Win 25 points!
Okay!
×
thief
Give points!
5
10
15
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25
15
×
Give an example of an OPPORTUNITY COST of going to college
Not being able to work full time.
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Check
Okay!
Check
15
×
Is Cheerios a brand or a company?
It is a brand. The parent company is General Mills
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Okay!
Check
15
×
Give and example of needs vs. wants
Answers vary
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Okay!
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15
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When you borrow money, would you rather have an interest rate of 4% or 6%?
4%! The higher the interest rate, the more money you will have to pay back on TOP of what you borrowed!
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Check
Okay!
Check
15
×
What is the Ticker Symbol for Netflix?
NFLX
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Check
Okay!
Check
15
×
You need a loan for $10,000. Is it better to pay $120/mo. for 10 years or $202/mo. for 5 years?
Ideally, $202 for 5 years. You pay over $2000 extra interest for the additional 5 years.
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Check
Okay!
Check
15
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Which product is the better deal?
The larger size because it has a lower UNIT PRICE (although sometimes it makes sense to get the smaller size anyway!)
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Check
Okay!
Check
15
×
True or false: Net income is the same as take-home pay
True
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Okay!
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15
×
Name a kind of DEDUCTION that might be taken out of your paycheck
Answers will vary (taxes, Social Security, Medicare, health/dental insurance, contributions to retirement savings account)
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Check
Okay!
Check
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seesaw
Swap points!
Oops!
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fairy
Take points!
5
10
15
20
25
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shark
Other team loses 25 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
Is Starbucks a Brand or a Company?
It is a company.
Oops!
Check
Okay!
Check
15
×
What is one difference between a credit union and a bank?
(Answers vary) - credit unions are non-profit; you have to be a member of a credit union to have an account
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Check
Okay!
Check
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