$200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 Budget, Yeah I am going to need that I am going to make a statement Show me the money They took WHAT?
Budget, Yeah I am going to need that I am going to make a statement Federal OMG These are hard Questions They took WHAT? $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $400 $600 $800 $1000 $200 $600 $800 $400 $1000
Category 1 $200 _____ expenses occur regularly and are for the same amount; ______ expenses differ each time.
Category 1 $400 The money you have available to spend as a result of working or from other income is an example of a cash ______
Category 1 $600 Amounts spent for food, clothing, and other living costs is an example of a cash _______
Category 1 $800 The ______ ______ ____is the best place to look when developing your budget categories.
Category 1 $1000 An ______ is the amount of money you plan to use for a certain budget category.
Category 1 $200-Answer Fixed, Variable
Category 1 $400-Answer Cash inflows
Category 1 $600-Answer Cash Outflows
Category 1 $800-Answer Cash flow statement
Category 1 $1000-Answer Allowance
Category 2 $200 A ______ _______ _______ reports net wages and other income along with spending for a period
Category 2 $400 A _______ report summarizes your current financial condition and sets a direction for further financial activities
Category 2 $600 This form shows assets, liabilities and net worth
Category 2 $800 A good first step in financial planning is to create a ________ and a _______
Category 2 $1000 ________ _________ Includes evaluating your financial position and setting goals.
Category 2 $200-Answer Cash flow statement
Category 2 $400-Answer Financial plan
Category 2 $600-Answer Personal Balance sheet
Category 2 $800-Answer Create a balance sheet and cash flow statement
Category 2 $1000-Answer Financial planning
Category 3 $200 _____ ______ refers to the day- to-day financial activities associated with using limited income to satisfy needs and wants.
Category 3 $400 A financial planner should have the heart of a _________.
Category 3 $600 Occurs when actual spending is less than budgeted spending
Category 3 $800 A series of regular payments made to a retired worker under an organized plan.
Category 3 $1000 The amount of a paycheck after taxes and other payroll deductions
Category 3 $200-Answer Money Management
Category 3 $400-Answer Teacher
Category 3 $600-Answer Surplus
Category 3 $800-Answer Pension
Category 3 $1000-Answer Net pay, net income, or take- home pay
Category 4 $200 Occurs when actual spending is greater than budgeted spending
Category 4 $400 Items of value, such as bank accounts, jewelry, and cars
Category 4 $600 Amount of money an insurance company pays to a person who has previously deposited money with the company
Category 4 $800 The amount owed to others, such as credit card balances or student loans
Category 4 $1000 The two most common causes of loss income is ________ & ________.
Category 4 $200-Answer Deficit
Category 4 $400-Answer Personal Assets
Category 4 $600-Answer Annuity
Category 4 $800-Answer Liabilities
Category 4 $1000-Answer Disability and unemployment
Final Jeopardy It cost how much
Final Jeopardy You have 1 minute to consult… Give 2 examples of fixed expenses and give 2 examples of variable expenses
Final Jeopardy You have 30 seconds to consult… Give 2 examples of fixed expenses and give 2 examples of variable expenses
Final Jeopardy You have 15 seconds to consult… Give 2 examples of fixed expenses and give 2 examples of variable expenses
Final Jeopardy Time Is Up Give 2 examples of fixed expenses and give 2 examples of variable expenses
Final Jeopardy - Answer Answers will vary
Jeopardy Thank you for playing another fine round of America’s favorite question and answer game.