© Family Economics & Financial Education – Revised December 2004 – Semester Course Review –...

Post on 22-Dec-2015

215 views 1 download

Tags:

Transcript of © Family Economics & Financial Education – Revised December 2004 – Semester Course Review –...

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Semester Course Review

Trivia

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1Semester CourseReview Trivia

Hodgepodge of

Finance

Careers, Paychecks, & Spending

Plans

Saving & Investing

Housing, Transportation, & Food

Fin. Inst., Credit, & Consumer Protection

$500

$400

$500

$400

$500

$400

$500

$400

$100

$200

$300

$100

$200

$300

$100

$200

$300

$100

$200

$300

$100

$200

$300

$500

$400

Final Trivia

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $100

Answer:

Long-term goals are longer than this time period.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $100

Question:

What is 1 year?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $200

Answer:

Most people have this type of insurance coverage as a

benefit from their employer.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $200

Question:

What is health insurance?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $300

Answer:

The five elements to a well-written

financial goal.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $300

Question:

What are specific, measurable,

attainable, realistic, and time bound?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $400

Answer:

The title for a person guaranteeing a loan for the

original borrower.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $400

Question:

Who is the cosigner?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $500

Answer:A consumer should report

his/her ATM card lost/stolen within this number of days to be liable for only $50.00.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Hodgepodge of Finance - $500

Question:

What is 2 days?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $100

Answer:

The number of steps in the spending plan process.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $100

Question:

What is 6?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $200

Answer:Form an employee should receive from an employer

by January 31st tocomplete his/her annual tax

paperwork.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $200

Question:

What is a W-2 form?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $300

Answer:

The number of stages in an individual’s financial life

cycle.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $300

Question:

What is 3?(basic wealth protection, wealth accumulation, and

wealth distribution)

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $400

Answer:

Two taxes included within the Federal

Insurance Contribution Act (FICA).

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $400

Question:

What are social security and Medicare?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $500

Answer:

This is defined as skills acquired through a process of self

investment.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Careers, Paychecks, & Spending Plans - $500

Question:

What is human capital?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $100

Answer:The recommended amount

an individual should have for emergencies in savings(given in a range of time).

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $100

Question:

What is 3–6 months of income?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $200

Answer:

This cash management tool is the most liquid.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $200

Question:

What is a checking account?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $300

Answer:

A person is considered to have this if his/her

money is invested in a variety of investment tools

to decrease risk.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $300

Question:

What is a diversified portfolio?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $400

Answer:The number of years it will

take to double one’s money at an

8% rate of return using the rule of 72.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $400

Question:

What is 9?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $500

Answer:

Type of stock associated with a

new company who has a consistent record of relatively

rapid growth and earnings.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Saving & Investing - $500

Question:

What is a growth stock?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $100

Answer:

The expenditure which is the largest portion of one’s

income according to the Bureau of Labor Statistics.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $100

Question:

What is housing?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $200

Answer:

The type of brand which is mass produced, marketed nationwide, and tends to

be more expensive.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $200

Question:

What is a name brand?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $300

Answer:

The minimum amount of insurance required by law

for automobiles.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $300

Question:

What is liability insurance?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $400

Answer:What it is called when a tenant allows someone to move in and take over the

rent payments for a specified time period.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $400

Question:

What is subleasing?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $500

Answer:

The longer the time period of a loan, the

_____ the payments.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Housing, Transportation, & Food - $500

Question:

What is smaller?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $100

Answer:

This can be defined as uncertainty about a situation’s

outcome which can be protected by insurance.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $100

Question:

What is risk?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $200

Answer:

The minimum amount of money to be paid on a

credit card bill monthly.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $200

Question:

What is the minimum payment due?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $300

Answer:The term for what a thief does when he/she steals

personal information carelessly discarded into

the trash.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $300

Question:

What is dumpster diving?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $400

Answer:

The abbreviation FDIC stands for this.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $400

Question:

What is the Federal Deposit Insurance Corporation?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $500

Answer:

According to the Truth in Lending Act, the terms and conditions of a credit card

must be stated here.

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Financial Institutions, Credit, & Consumer Protection - $500

Question:

What is in the Schumer Box?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1Semester CourseReview Trivia

Final Trivia

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Final Trivia

Answer:The percentage of total income which should be

held by debt(excluding mortgages).

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

Final Trivia

Question:

What is 25%?

© Family Economics & Financial Education – Revised December 2004 – Semester Course Review – Trivia GameFunded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona

1.0.0.G1

The End

Semester CourseReview Trivia