Presentation on theme: "High School 101 Financial Simulation Game March 2010 Lessons 2,3,4,5,7."— Presentation transcript:
High School 101 Financial Simulation Game March 2010 Lessons 2,3,4,5,7
Round 1 Final Jeopardy Blue Group Green Group Red Group
Finding a Job Budgeting and Saving Buying a CarChecking Accounts $100 $200 $300 $400 $500 Finding an Apartment
$100 Acquired skills or talents
What is APTITUDE?
$200 Entitlements, such as health or life insurance
What are BENEFITS?
$300 A chosen pursuit, profession, or occupation.
What is a CAREER?
$400 A letter you send with your resume to provide more information about you.
What is a COVER LETTER?
$500 A fixed compensation paid regularly for services.
What is SALARY?
$100 Money received.
What is INCOME?
$200 An amount of money spent.
What is an EXPENDITURE?
$300 An expenditure that varies.
What are FLEXIBLE EXPENSES?
$400 Money received after all adjustments and deductions are made.
What is TAKE HOME PAY?
$500 An amount of money remaining after all expenses have been met.
What is a SURPLUS?
$100 The amount of money that a tenant pays to a landlord.
What is RENT?
$200 The company or individual that owns an apartment.
What is a LANDLORD?
$300 Items and services needed to make a house or apartment functional such as hot water, electricity, natural gas, phone service and cable.
What are UTILITIES?
$400 A sum of money usually equal to one month’s rent, held by the landlord to cover any damage to the apartment caused by tenant.
What is a SECURITY DEPOSIT?
$500 A legal document signed by both the tenant and the landlord that contains the terms of the agreement, such as the names of the tenants, the rent amount, and the responsibilities of the landlord and tenant.
What is a LEASE?
$100 An amount of money given to the borrower for a set period of time. After the set period of time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made monthly.
What is a LOAN?
$200 An agreement that gives one party the use of a commodity for a specified period of time and for a specified price.
What is a LEASE?
$300 This compensates an injured party up to an amount outlined in the policy statement. This type of insurance ensures you will be able to pay for any damages you cause.
What is LIABILITY INSURANCE?
$400 This covers the car of the insured person and pays for repairs after an accident or cash compensation if the car can’t be repaired. This type of coverage is usually optional.
What is COLLISION INSURANCE?
$500 This stands for annual percentage rate, which is a number calculated by taking into account the total cost of the loan, including what the borrower will pay in interest: this makes it easier to compare different loan offers.
What is APR?
$100 Financial institution at which you can get a checking account or a savings account.
What is a BANK?
$200 Amounts of money withdrawn from your account beyond the money the account held.
What is OVERDRAFTS?
$300 Calculations that are made to determine the difference between the payments from, and the deposits to, a checking account.
What is BALANCING A CHECKING ACCOUNT?
$400 An automatic deposit of a paycheck without having to take a physical check to the bank.
What is DIRECT DEPOSIT?
$500 The book in which to keep all records of checks, deposits, debit card transactions, and ATM withdraws.
What is a CHECK REGISTER?
Final J**pardy The concept of saving a percentage of your money every time you get paid or receive a monetary gift.
What is PAY YOURSELF FIRST?
Directions: 1. Scroll through the presentation and enter the answers (which are really the questions) and the questions (which are really the answers). 2. Enter in the categories on the main game boards. 3. As you play the game, click on the TEXT DOLLAR AMOUNT that the contestant calls, not the surrounding box. 4. When they have given a question, click again anywhere on the screen to see the correct question. Keep track of which questions have already been picked by printing out the game board screen and checking off as you go. 5. Click on the “Game” box to return to the main scoreboard. 6. Enter the score into the black box on each players podium. 7. Continue until all clues are given. 8. When finished, DO NOT save the game. This will overwrite the program with the scores and data you enter. You MAY save it as a different name, but keep this file untouched!