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15
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What is risk pooling?
When insurance companies combine the amount paid by customers to help pay for the few people who need to use the services
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15
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How much unearned income is required to file taxes?
$1,100
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thief
Give points!
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25
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shark
Other team loses 25 points!
Okay!
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rocket
Go to first place!
Okay!
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banana
Go to last place!
Oops!
15
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What is the difference between saving and investing
Investing is when you spend money in hopes it makes a return, saving is storing money for later use
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15
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What is a stock?
A small part ownership of a company
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15
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What is the difference between gross pay and net pay?
Gross pay is the amount earned before taxes and net pay is the amount earned after taxes
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thief
Give points!
5
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25
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magnet
Take 20 points!
Okay!
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shark
Other team loses 5 points!
Okay!
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lifesaver
Give 20 points!
Oops!
15
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What two types of investments are considered "high risk"?
Real estate and speculative investments
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baam
Lose 20 points!
Oops!
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shark
Other team loses 25 points!
Okay!
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shark
Other team loses 20 points!
Okay!
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thief
Give points!
5
10
15
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25
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monster
Reset all scores!
Oops!
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magnet
Take 20 points!
Okay!
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gift
Win 10 points!
Okay!
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baam
Lose 15 points!
Oops!
15
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Why is it important to have auto insurance?
To protect yourself from other uninsured driver and to help pay for expenses related to an accident
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15
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What is a 1040
A tax form that is filled out to determine if taxes are owned or will be refunded by the government
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15
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When is tax day?
April 15th
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15
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What are ways to protect your identity online?
Be careful what websites you visit, do not share personal information online, be wary of clicking unknown links, use strong, unique passwords
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15
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What is inflation?
The rise of the cost of goods and services over time
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15
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What is a bond?
A government or company loan that you provide to a company for a return on a specified date
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