SUPPLEMENT FOR LESSON 4:
BACK TO SCHOOL
FINANCIAL TRIVIA
FINANCIAL TRIVIA
Here We
Can’t Touch
Grow Again
This
Invest in
Yourself
Easy Come,
Easy Go
My
Money
$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
FINANCIAL TRIVIA
This is the knowledge, talent, and skills
that people possess.
Category: Invest in Yourself
Answer
Value: $100
FINANCIAL TRIVIA
ANSWER
HUMAN CAPITAL
Back to Game
Board
Category: Invest in Yourself
Value: $100
FINANCIAL TRIVIA
Going to school, pursuing additional training,
and developing skills are examples of this.
Category: Invest in Yourself
Answer
Value: $200
FINANCIAL TRIVIA
ANSWER
WAYS TO GROW HUMAN CAPITAL
Back to Game
Board
Category: Invest in Yourself
Value: $200
FINANCIAL TRIVIA
Typically, as you gain more education, your
income will do this.
Category: Invest in Yourself
Answer
Value: $300
FINANCIAL TRIVIA
ANSWER
INCREASE
Back to Game
Board
Category: Invest in Yourself
Value: $300
FINANCIAL TRIVIA
Statistics show that the higher your level
of education, the less likely you are
to experience this.
Category: Invest in Yourself
Answer
Value: $400
FINANCIAL TRIVIA
ANSWER
UNEMPLOYMENT
Back to Game
Board
Category: Invest in Yourself
Value: $400
FINANCIAL TRIVIA
This is the name of the form you should
fill out when planning how you will
finance post-secondary education.
Category: Invest in Yourself
Answer
Value: $500
FINANCIAL TRIVIA
ANSWER
FAFSA
(FREE APPLICATION FOR FEDERAL STUDENT AID)
Back to Game
Board
Category: Invest in Yourself
Value: $500
FINANCIAL TRIVIA
These are the payments people receive for
providing labor in the marketplace.
Category: Easy Come, Easy Go
Answer
Value: $100
FINANCIAL TRIVIA
ANSWER
WAGES OR SALARIES
Back to Game
Board
Category: Easy Come, Easy Go
Value: $100
FINANCIAL TRIVIA
This is the money an institution pays you
for use of your funds.
Category: Easy Come, Easy Go
Answer
Value: $200
FINANCIAL TRIVIA
ANSWER
INTEREST
Back to Game
Board
Category: Easy Come, Easy Go
Value: $200
FINANCIAL TRIVIA
These are a required payment
to the government on income.
Category: Easy Come, Easy Go
Answer
Value: $300
FINANCIAL TRIVIA
ANSWER
TAXES
Back to Game
Board
Category: Easy Come, Easy Go
Value: $300
FINANCIAL TRIVIA
Cash, check, debit card,
credit card, and automatic payment
are examples of this.
Category: Easy Come, Easy Go
Answer
Value: $400
FINANCIAL TRIVIA
ANSWER
METHODS OF PAYMENT
Back to Game
Board
Category: Easy Come, Easy Go
Value: $400
FINANCIAL TRIVIA
This is the type of income that reflects
what you earn after taxes.
Category: Easy Come, Easy Go
Answer
Value: $500
FINANCIAL TRIVIA
ANSWER
NET INCOME
Back to Game
Board
Category: Easy Come, Easy Go
Value: $500
FINANCIAL TRIVIA
This is an itemized summary of probable income
and expenses for a given period.
Category: My Money
Answer
Value: $100
FINANCIAL TRIVIA
ANSWER
BUDGET
Back to Game
Board
Category: My Money
Value: $100
FINANCIAL TRIVIA
This is a term for the outgoing cash flow
from your budget.
Category: My Money
Answer
Value: $200
FINANCIAL TRIVIA
ANSWER
EXPENSES
Back to Game
Board
Category: My Money
Value: $200
FINANCIAL TRIVIA
These are the two categories of expenses.
Category: My Money
Answer
Value: $300
FINANCIAL TRIVIA
ANSWER
FIXED AND VARIABLE
Back to Game
Board
Category: My Money
Value: $300
FINANCIAL TRIVIA
These are the tools you would
use for saving money.
Category: My Money
Answer
Value: $400
FINANCIAL TRIVIA
ANSWER
SAVINGS ACCOUNT, MONEY
MARKET DEPOSIT ACCOUNT,
CERTIFICATE OF DEPOSIT, SAVINGS BONDS
Back to Game
Board
Category: My Money
Value: $400
FINANCIAL TRIVIA
This is the formula used to find the length of time,
in years, it takes an amount of money saved to
double when it receives compound interest.
Category: My Money
Answer
Value: $500
FINANCIAL TRIVIA
ANSWER
RULE OF 72
Back to Game
Board
Category: My Money
Value: $500
FINANCIAL TRIVIA
This is disposable income minus consumption.
Category: Here We Grow Again
Answer
Value: $100
FINANCIAL TRIVIA
ANSWER
SAVINGS
Back to Game
Board
Category: Here We Grow Again
Value: $100
FINANCIAL TRIVIA
These are reasons for saving.
Category: Here We Grow Again
Answer
Value: $200
FINANCIAL TRIVIA
ANSWER
EMERGENCIES, FUTURE NEEDS, ACHIEVE LONGTERM FINANCIAL GOALS, GROWTH OF FUNDS
Back to Game
Board
Category: Here We Grow Again
Value: $200
FINANCIAL TRIVIA
This is the original amount of money deposited.
Category: Here We Grow Again
Answer
Value: $300
FINANCIAL TRIVIA
ANSWER
PRINCIPAL
Back to Game
Board
Category: Here We Grow Again
Value: $300
FINANCIAL TRIVIA
This is the kind of interest paid only on the
principal amount deposited into the account.
Category: Here We Grow Again
Answer
Value: $400
FINANCIAL TRIVIA
ANSWER
SIMPLE INTEREST
Back to Game
Board
Category: Here We Grow Again
Value: $400
FINANCIAL TRIVIA
This is what an account will earn
if funds are kept on deposit
for an agreed-upon term.
Category: Here We Grow Again
Answer
Value: $500
FINANCIAL TRIVIA
ANSWER
INTEREST
Back to Game
Board
Category: Here We Grow Again
Value: $500
FINANCIAL TRIVIA
This involves making a long-term commitment
to put money away and let it grow.
Category: Can’t Touch This
Answer
Value: $100
FINANCIAL TRIVIA
ANSWER
INVESTING
Back to Game
Board
Category: Can’t Touch This
Value: $100
FINANCIAL TRIVIA
Typically, if you would like to earn
a higher rate of return on an investment,
you will need to take on more of this.
Category: Can’t Touch This
Answer
Value: $200
FINANCIAL TRIVIA
ANSWER
RISK
Back to Game
Board
Category: Can’t Touch This
Value: $200
FINANCIAL TRIVIA
This is the method of computing interest where
the interest rate is applied to the principal
and any earned interest (often referred to as
“interest on interest”).
Category: Can’t Touch This
Answer
Value: $300
FINANCIAL TRIVIA
ANSWER
COMPOUND INTEREST
Back to Game
Board
Category: Can’t Touch This
Value: $300
FINANCIAL TRIVIA
This is one of the primary differences
between a savings account and an
investment vehicle.
Category: Can’t Touch This
Answer
Value: $400
FINANCIAL TRIVIA
ANSWER
SAVINGS ACCOUNTS ARE FDIC- OR NCUAINSURED.
Back to Game
Board
Category: Can’t Touch This
Value: $400
FINANCIAL TRIVIA
The funds in an account will grow more quickly if
they do this more frequently.
Category: Can’t Touch This
Answer
Value: $500
FINANCIAL TRIVIA
ANSWER
COMPOUND
Back to Game
Board
Category: Can’t Touch This
Value: $500
Katrina’s Classroom was developed by a team of
Senior Economic and Financial Education Specialists at the Federal Reserve Bank of Atlanta.
Claire Loup, New Orleans Branch  Julie Kornegay, Birmingham Branch  Jackie Morgan, Nashville Branch
For additional classroom resources and professional development opportunities,
please visit www. frbatlanta.org/edresources
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