2. $100
$300
$100
$400
$100
$300
$200
$100
$100
$200
$500
$200
$500
$200
$300
$200
$500
$300
$500
$300
$400
$400
$400
$500
$400

3. Savings

4. Investing

5. Credit

6. Random

7. Credit Score/Report

8. Credit Score/ Report
Savings
Investing
Credit
Random
$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

9. These are two example of Savings Vehicles.
CATEGORY 1 - $100
These are two example of Savings Vehicles.

10. This Savings Vehicle is most liquid of all the Savings options.
CATEGORY 1 - $200
This Savings Vehicle is most liquid of all the Savings options.

11. CATEGORY 1 - $300
This Savings Vehicle is an insured account offered at banks, usually requiring a higher deposit.

12. CATEGORY 1 - $400
This rule can help you calculate either the number of years or the interest rate needed to double your money.

13. What is the difference between saving and investing?
CATEGORY 1 - $500
What is the difference between saving and investing?
Why choose either?

14. This term refers to how quickly your asset can be turned into cash.
CATEGORY 2 - $100
This term refers to how quickly your asset can be turned into cash.

15. CATEGORY 2 - $200
This is the term used when you invest your money into several different types of accounts with different levels of risk.

16. When we talk about a “return on investment”, what does that mean?
CATEGORY 2 - $300
When we talk about a “return on investment”, what does that mean?

17. What is the relationship between risk and return?
CATEGORY 2 - $400
What is the relationship between risk and return?

18. CATEGORY 2 - $500
Give an example of an investment at each level on the Financial Pyramid…

19. This term is used to describe what you must pay to borrow money.
CATEGORY 3 - $100
This term is used to describe what you must pay to borrow money.
(It is also used to describe what you make when you invest in a savings account/cd/bond)

20. CATEGORY 3 - $200
This term is used to describe the maximum amount of charges allowed to an account. .

21. CATEGORY 3 - $300
What is APR stand for?
How does it work?

22. What are 2 advantages of credit? What are 2 disadvantages of credit?
CATEGORY 3 - $400
What are 2 advantages of credit?
What are 2 disadvantages of credit?

23. What are the 5 C’s of credit?
CATEGORY 3 - $500
What are the 5 C’s of credit?

24. How often may a person view/his her credit report for free?
CATEGORY 4 - $100
How often may a person view/his her credit report for free?

25. Most risk-free investment is?
CATEGORY 4 - $200
Most risk-free investment is?

26. Earning interest on interest is the definition for?
CATEGORY 4 - $300
Earning interest on interest is the definition for?

27. CATEGORY 4 - $400
Suppose you decided to pay off a loan in 24 months instead of 60 months. What would happen to the monthly payment and to the total amount you would pay?

28. These investments carry the largest risk?
CATEGORY 4 - $500
These investments carry the largest risk?

29. What term does this define?
CATEGORY 5 - $100
What term does this define?
Numerical Value that represents a persons ability to repay a loan.

30. What things can affect your credit score?
CATEGORY 5 - $200
What things can affect your credit score?

31. What are at least 3 things it shows?
CATEGORY 5 - $300
What is a credit report?
What are at least 3 things it shows?

32. What are two things that will affect your credit score Negatively?
CATEGORY 5 - $400
What are two things that will affect your credit score Negatively?
Positively?

33. How does your credit score effect loans and interest rate?
CATEGORY 5 - $500
How does your credit score effect loans and interest rate?

34. Certificate of Deposit Money Market Deposit Account
CATEGORY 1 - $100
Savings Account
Certificate of Deposit
Money Market Deposit Account

35. CATEGORY 1 - $200
Savings Account

36. Money Market Deposit Account
CATEGORY 1 - $300
Money Market Deposit Account

37. CATEGORY 1 - $400
The Rule of 72

38. Savings – Financial Security
CATEGORY 1 - $500
Savings – Financial Security
Investing – To Build Wealth (Long-term Goals)
Savings – Lower risk
Investing – Higher chance for potential profit

39. CATEGORY 2 - $100
Liquidity

40. CATEGORY 2 - $200
Diversify

41. How much profit you make
CATEGORY 2 - $300
How much profit you make

42. Higher Risk = Higher Potential Return Lower Risk = Lower Return
CATEGORY 2 - $400
Higher Risk = Higher Potential Return
Lower Risk = Lower Return

43. Basic Financial Planning (Protection)
CATEGORY 2 - $500
Speculative
Real Estate
Commodities
Capital Growth
Mutual Funds
Stocks
Bonds
Financial Growth
Savings Account
Retirement
Certificate of Deposit
Income
Will
Insurance
Emergency
Basic Financial Planning (Protection)

44. CATEGORY 3 - $100
Interest

45. CATEGORY 3 - $200
Credit Limit

46. Annual Percentage Rate 16% APR = $16 per for every $100 charged
CATEGORY 3 - $300
Annual Percentage Rate
16% APR =
$16 per for every $100 charged

47. Safer than cash, spread payments over time & Build Credit
CATEGORY 3 - $400
Advantages:
Safer than cash, spread payments over time & Build Credit
Disadvantages:
Interest charges, Potential for Fraud, May over spend & Bad Debt

48. Collateral Character Capital Capacity to Pay Conditions
CATEGORY 3 - $500
Collateral
Character
Capital
Capacity to Pay
Conditions

49. Once a year from each agency
CATEGORY 4 - $100
Once a year from each agency

50. Insured account in a bank
CATEGORY 4 - $200
Insured account in a bank

51. CATEGORY 4 - $300
Compound Interest

52. Monthly payment would increase; Total payment would decrease
CATEGORY 4 - $400
Monthly payment would increase; Total payment would decrease

53. Speculative Investments
CATEGORY 4 - $500
Speculative Investments

54. CATEGORY 5 - $100
Credit Score

55. Late Payments/On time Payments Number of Credit Cards Amount of debt
CATEGORY 5 - $200
Late Payments/On time Payments
Number of Credit Cards
Amount of debt
Number of inquiries

56. Payments (on time or late) All loans/credit Balances Credit Limit
CATEGORY 5 - $300
Shows:
Payments (on time or late)
All loans/credit
Balances
Credit Limit
Accounts in Collection
Hard and Soft Credit Checks

57. Positive: Negative: Maintain reasonable number of CC
CATEGORY 5 - $400
Positive:
Maintain reasonable number of CC
Check Credit report yearly
Negative:
Late Payments
Lots of credit applications in a short time frame

58. Lower Interest Rates on Loans
CATEGORY 5 - $500
Higher Credit Score =
Lower Interest Rates on Loans

60. Investing

61. FINAL CATEGORY
If Susie invests $600 at age 20 into an account earning 6% interest, how many times will Susie’s investment double before she turns 56? What will her investment be worth?

62. It will take 12 years to double
FINAL CATEGORY
It will take 12 years to double
It will double 3 times
Total Value: $4,800

63. Daily Doubles and usage notes follow...
END OF GAME
Daily Doubles and
usage notes follow...