Welcome to Who Wants to be a Millionaire 50:50 15 $1 Million 14 $500,000 Welcome to Who Wants to be a Millionaire 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

Another Presentation © 2000 - All rights Reserved Mark E. Damon markedamon@hotmail.com

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million Susan thinks about what she needs that is essential and what she desires, this is an example of __________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 B: needs and wants 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: a budget B: needs and wants C: a spending diary D: credit

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million 14 $500,000 A record of how money is used over a long period of time is called______. 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 C: a spending diary 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: earnings B: planning C: a spending diary D: costs

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

The money that you get for doing a job is called your ____________. 15 $1 Million The money that you get for doing a job is called your ____________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 A. earnings 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: earnings B: spending C: budget D: interest

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

People invest money in order to _________. 15 $1 Million 14 $500,000 13 $250,000 12 $125,000 People invest money in order to _________. 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 A: earn more money 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: earn more money B: to find a job C: to help a friend D: to lose money

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million Families create a _______ to balance their income, savings goals, and spending 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 B: budget 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 B: budget A: cost C: salary D: certificate

You’ve Reached the $1,000 Milestone! Congratulations! Congratulations!

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million 14 $500,000 The money people set aside for vacations or large purchases is called _________. 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 D: savings 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: investment B: budget C: sacrifice D: savings

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million Real estate investments, stocks, and bonds are used by families to __________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 A. earn more money 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: earn more money B: save money C: spend money D: make a budget

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

When there are not enough goods to go around it is called __________. 15 $1 Million When there are not enough goods to go around it is called __________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 D: Scarcity 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: resources B: inflation C: spending plan D: Scarcity

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million When people give up something to buy something else the item they gave up is called an __________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 C: Opportunity Cost 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 B: Spending A: Savings C: Opportunity Cost D: a costly benefit

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million Sometimes you have more than one option for spending money. When you can’t choose all of the items, they are called ____________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 D: trade offs 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: spending B: budget D: Trade offs C: advantages

You’ve Reached the $32,000 Milestone! Congratulations!

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

If you use a credit card to pay for something, you are __________. 15 $1 Million 14 $500,000 If you use a credit card to pay for something, you are __________. 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 C: Borrowing money from the bank that issued the card 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: loaning money to the bank B: saving money C: Borrowing money from The bank that issued the card D: taming money from your bank account

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million 14 The longer it takes to pay back a loan from the bank the more money it will cost you for the item because __________. $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 B: you will pay interest 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 B: you will pay interest to the bank A: it costs a lot C: minimum monthly payment will increase D: the bank will pay you interest

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million When you put your money in the bank, the bank will pay you _________ on your money. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 B: Interest 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: cash B: Interest C: money D: savings

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

15 $1 Million When someone uses a credit card to pay for a home repair, they are promising to ________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 A: pay the bank back with interest 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: pay the bank back with interest B: monthly payment will increase C: not pay back the money D: purchase the item in cash

15 $1 Million 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 1 $100

A spending plan is called a ______________. 15 $1 Million A spending plan is called a ______________. 14 $500,000 13 $250,000 12 $125,000 11 $64,000 10 $32,000 9 $16,000 8 $8,000 7 $4,000 C: budget 6 $2,000 5 $1,000 4 $500 3 $300 2 $200 50:50 1 $100 A: income B: spending C: budget D: earnings

YOU WIN $1 MILLION DOLLARS!