Transcript WiseMoney Jeopardy Game

Financial Literacy Jeopardy
Banking
and Investing
Budgeting
and Payday
Financing
and Credit
Identity
Protection
Financial
Responsibility
$100
$100
$100
$100
$100
$200
$200
$200
$200
$200
$300
$300
$300
$300
$300
$400
$400
$400
$400
$400
$500
$500
$500
$500
$500
Final Jeopardy
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Banking and Investing for $100
A document that provides details of your
bank withdrawals and deposit.
Reveal Question
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Banking and Investing for $100
What is a Bank Statement?
Game Board
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Banking and Investing for $200
Compound interest pays interest on
_________and ____________.
Reveal Question
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Banking and Investing for $200
What are principal and interest?
Game Board
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Banking and Investing for $300
Commonly referred to as an IRA.
Reveal Question
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Banking and Investing for $300
What is a retirement savings plan?
Game Board
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Banking and Investing for $400
The FDIC increased the insurance on bank
deposits to $_______________; providing
security to the consumer against loss in theft
or a fire.
Reveal Question
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Banking and Investing for $400
What is $250,000?
Game Board
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Banking and Investing for $500
These are the penalties if you cash in your
401(k) and you are younger than 55 years
old.
Reveal Question
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Banking and Investing for $500
What are taxes on the withdrawal and a
10% early-withdrawal penalty?
Game Board
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Budgeting and Payday for $100
The term used to describe total pay minus
deductions.
Reveal Question
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Budgeting and Payday for $100
What is Net Pay?
Game Board
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Budgeting and Payday for $200
Name two of the deductions taken out of
your paycheck.
Reveal Question
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Budgeting and Payday for $200
What are:
– Social Security tax(FICA),
– State tax,
– Federal tax,
– Medicare,
– Retirement Savings?
Game Board
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Budgeting and Payday for $300
Wanting to purchase something but deciding
to wait.
Reveal Question
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Budgeting and Payday for $300
What is delayed gratification?
Game Board
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Budgeting and Payday for $400
To maintain control of your budget, you
would do this.
Reveal Question
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Budgeting and Payday for $400
What is decrease spending?
Game Board
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Budgeting and Payday for $500
A budgeting strategy that means always
saving part of the money you get.
Reveal Question
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Budgeting and Payday for $500
What is “Pay yourself first”?
Game Board
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Financing and Credit for $100
Property to secure a loan is called this.
Reveal Question
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Financing and Credit for $100
What is collateral?
Game Board
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Financing and Credit for $200
The time period that lets you avoid finance
charges by paying your balance in full.
Reveal Question
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Financing and Credit for $200
What is a grace period?
Game Board
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Financing and Credit for $300
Your credit history shows whether you pay
your bill on time and this.
Reveal Question
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Financing and Credit for $300
How many credit cards you have?
Game Board
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Financing and Credit for $400
If someone uses your credit card without
your permission, you are responsible for this
much per card.
Reveal Question
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Financing and Credit for $400
What is $50?
Game Board
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Financing and Credit for $500
Lenders commonly review this to evaluate
your debt load.
Reveal Question
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Financing and Credit for $500
What is your debt-to-income ratio?
Game Board
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Daily Double!
Proceed…
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Daily Double for Bonus $$
On average, this many Americans are
victims of identity theft each year.
Reveal Question
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Daily Double for Bonus $$
What is 15 million?
Game Board
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Identity Protection for $200
Two types of identity fraud other than credit
card fraud.
Reveal Question
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Identity Protection for $200
What are:
– bank fraud,
– name identity fraud,
– tax refund fraud,
– mail fraud,
– computer fraud,
– medical identity fraud
Game Board
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Identity Protection for $300
A warning placed on your credit reports that
tells creditors to follow certain procedures
before making changes to your accounts or
opening new ones.
Reveal Question
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Identity Protection for $300
What is a fraud alert?
Game Board
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Identity Protection for $400
The practice of pretending to represent a
financial institution or company requesting
personal information via email.
Reveal Question
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Identity Protection for $400
What is Phishing?
Game Board
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Identity Protection for $500
Software that can be installed on your
computer without your consent to obtain
personal information that can lead to identity
theft.
Reveal Question
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Identity Protection for $500
What is Spyware?
Game Board
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Financial Responsibility for $100
The biggest impact on your credit score.
Reveal Question
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Financial Responsibility for $100
What is paying your bills on time?
Game Board
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Financial Responsibility for $200
Saving with this will give you the freedom to
be self-reliant and secure later in life.
Reveal Question
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Financial Responsibility for $200
What is an IRA?
Game Board
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Financial Responsibility for $300
This type of debt has higher interest rates
and can change suddenly, especially after
late payments.
Reveal Question
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Financial Responsibility for $300
What is credit card debt?
Game Board
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Financial Responsibility for $400
Financial freedom is directly tied to one’s
level of this.
Reveal Question
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Financial Responsibility for $400
What is debt?
Game Board
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Financial Responsibility for $500
Parents can teach their children money
management by giving them their allowance
using this so they can track spending.
Reveal Question
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Financial Responsibility for $500
What is a prepaid spending card?
Game Board
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Final Jeopardy
Money management teaches us to buy the
things we need before we buy the things we
want. True or False?
Reveal Question
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Final Jeopardy
True!
End Game
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