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Team 2
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Score
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15
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Why is saving money important?
Saving helps people prepare for emergencies, reach goals, and avoid debt.
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trap
No points!
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gold
Win 50 points!
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fairy
Take points!
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25
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baam
Lose 25 points!
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15
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What is compound interest?
Compound interest is interest earned on both the original amount and the interest added over time.
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What is a bank?
A bank is a financial institution that stores money, offers savings accounts, provides loans, and helps people manage their finances.
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What does it mean to borrow money?
Borrowing means receiving money from a bank or lender with the promise to pay it back, usually with interest.
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heart
Other team wins 15 points!
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star
Double points!
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rocket
Go to first place!
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lifesaver
Give 25 points!
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What is a credit card?
A credit card allows you to borrow money for purchases, which you must repay later with interest if not paid on time.
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What is collateral?
Collateral is property (like a car or house) that a borrower offers as security for a loan.
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What is a loan?
A loan is money that a bank lends to a person, which must be repaid over time with interest.
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What is the difference between saving and investing?
Saving is storing money safely, while investing is putting money into assets that may grow but come with more risk.
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thief
Give points!
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25
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star
Double points!
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fairy
Take points!
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lifesaver
Give 20 points!
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What is a debit card?
A debit card lets you spend money directly from your checking account.
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What is an ATM?
An ATM (automated teller machine) lets you deposit or withdraw money from your account without visiting a bank teller.
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eraser
Reset score!
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seesaw
Swap points!
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rocket
Go to first place!
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banana
Go to last place!
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Why is borrowing money risky?
Borrowing is risky because if you canโt repay, you may owe extra fees, lose property, or damage your credit score.
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What is a bank statement?
A bank statement is a monthly record of all the money that has gone in and out of your account.
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