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100 200 300 400 500 100 200 300 400 500 100 Investments/ Savings Budget Financial Planning Credit Money Jeopardy Insurance

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The Answer is: Goals that are specific, measurable, attainable, realistic and time-bound

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The Question is: What are SMART goals ?

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The Answer is: Food, clothing and a place to live

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The Question is: What are needs?

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The Answer is: Reality, Responsibility and Restraint

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The Question is: What are the 3 Rs of money?

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The Answer is: The patience to achieve and the willingness to give up something you want now in return for something better later

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The Question is: What is delayed gratification?

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The Answer is: Earning good grades, being responsible with money, telling the truth and being on time for work/school

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The Question is: What are examples of values?

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The Answer is: Someone is willing to loan you money in exchange for your promise to pay it back

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The Question is: What is credit?

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The Answer is: Equifax, Experian, and TransUnion

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The Question is: What are the three major credit reporting agencies?

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The Answer is: Access to cash in an emergency; the ability to use it now; safety and convenience

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The Question is: What are some advantages of using credit?

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The Answer is: The charge you pay once a year for the right to use a credit card

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The Question is: What is an annual fee?

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The Answer is: The amount you pay to use someone elses money

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The Question is: What is interest?

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The Answer is: A plan for managing money during a given period of time

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The Question is: What is a budget or spending plan?

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The Answer is: Fees placed on income, property, or goods to support government programs

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The Question is: What are taxes?

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The Answer is: Money coming in

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The Question is: What is income?

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The Answer is: Fixed and variable

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The Question is: What are the two types of expenses?

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The Answer is: The amounts subtracted from gross income, i.e., taxes, insurance, retirement

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The Question is: What are payroll deductions?

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The Answer is: Money set aside for short-term goals

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The Question is: What is savings?

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The Answer is: Money set aside for future income, benefit, or profit to meet long-term goals

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The Question is: What is investing?

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The Answer is: The relationship between time, money and rate of return (interest) and their effect on earnings growth

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The Question is: What is the time value of money?

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The Answer is: A quick way to find out how long it will take your money to double

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The Question is: What is the Rule of 72?

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The Answer is: Earning interest on interest

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The Question is: What is compounding?

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The Answer is: Protection against large-scale financial loss

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The Question is: What is insurance?

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The Answer is: The payment you make to an insurance company in exchange for its promise of protection and help

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The Question is: What is an insurance premium?

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The Answer is: The amount of the loss you must pay out of your own pocket before the insurance company begins to reimburse you

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The Question is: What is a deductible?

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The Answer is: Liability, medical payments, uninsured motorist, collision

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The Question is: What are types of coverage an auto insurance policy can have?

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The Answer is: Cost of repairs, mileage, location and driving record

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The Question is: What are factors that can affect your auto insurance cost?

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