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Team 2
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Teams
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15
×
What is the purpose of recording income ?
To track and plan future spending.
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15
×
Define the term dividend.
Share of company profits paid to shareholders.
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15
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Give one example of regular income
Weekly wages or monthly salary.
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15
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True or false: A grant must be repaid
False
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thief
Give points!
5
10
15
20
25
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fairy
Take points!
5
10
15
20
25
×
gift
Win 15 points!
Okay!
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banana
Go to last place!
Oops!
15
×
What is Income?
Money received by an individual or a household
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baam
Lose 20 points!
Oops!
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gold
Win 50 points!
Okay!
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gift
Win 25 points!
Okay!
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lifesaver
Give 15 points!
Oops!
15
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Give one example of a need
Food or Water
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15
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Give one example of irregular income.
Bonus, overtime, or gift.
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15
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What does BIK stand for
Benefit in Kind
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15
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What is the difference between a wage and a salary?
A wage is paid hourly/weekly; a salary is a fixed yearly amount.
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15
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What is the main difference between a need and a want?
Needs are essential, wants are not
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heart
Other team wins 25 points!
Oops!
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magnet
Take 25 points!
Okay!
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fairy
Take points!
5
10
15
20
25
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thief
Give points!
5
10
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25
15
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Give one example of a want
Phones or holiday
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15
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Give one example of government income support.
Jobseekerโs Allowance or Child Benefit
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baam
Lose 10 points!
Oops!
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gift
Win 20 points!
Okay!
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shark
Other team loses 10 points!
Okay!
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thief
Give points!
5
10
15
20
25
×
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