THIS POWERPOINT WAS BROUGHT TO YOU IN PART BY: TYCE NGUYEN PATRICK FREEMAN PHILIP HENDERSON EVAN MELCHER …AND PBS KIDS

Jeopardy Consumer Rights and Responsibilities Financial Statements Paychecks and Insurance Choosing to Save Misc. Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy

$100 Question Define: Consumer protection laws are designed to ensure fair competition and the free flow of truthful information in the marketplace

$100 Answer What are Consumer Rights?

$200 Question Something a customer should practice in order to be a safe and savvy shopper.

$200 Answer What is a consumer responsibility?

$300 Question What is the right to choose?

$300 Answer What is One can choose from a wide variety of services and businesses?

$400 Question What does it mean to be honest?

$400 Answer What is to refrain from taking advantage of business policies?

$500 Question Which one is a responsibility: To report unethical practices or to have problems corrected?

$500 Answer What is To report unethical practices?

$100 Question Formula for net worth

$100 Answer What is (Assets)-(Liabilities)?

$200 Question Monetary Assets

$200 Answer What is something that can be quickly and easily converted in cash?

$300 Question Liabilities

$300 Answer What is something owed to others?

$400 Question Tangible assets

$400 Answer What is Personal Property that was purchased to create a lifestyle or improve one’s level of living?

$500 Question What is Net worth?

$500 Answer What is The objective measure of one’s financial wealth

$100 Question The most secure way to be paid

$100 Answer What is Direct Deposit?

$200 Question The schedule by which employers pay their employees

$200 Answer What is a pay period?

$300 Question What form must one complete when they begin a new job?

$300 Answer What is a W-4 Form?

$400 Question The U.S. Government Agency that collects taxes

$400 Answer What is the IRS?

$500 Question What is the difference between property and liability insurance?

$500 Answer What is property pays for the loss of the insured and liability pays for other people?

$100 Question Wealth

$100 Answer What is how much a person is worth post-debt?

$200 Question Trade-off

$200 Answer What is having to choose between one thing or another?

$300 Question What is the difference between saving and investing?

$300 Answer What is: Saving puts money away for safekeeping, and investing puts money towards earning a profit?

$400 Question Which is less liquid: a Bond or a Stock?

$400 Answer What is a bond

$500 Question Wealth accumulation goes towards paying for a particular ______.

$500 Answer What is a Level of Living?

$100 Question What is the Rule of 72?

$100 Answer What is a way to gauge how many years and at what % it will take to double an investment.

$200 Question What is a S.M.A.R.T. Goal? (define each word)

$200 Answer What is Specific, Measurable, Attainable, Realistic, and Timebound?

$300 Question True or False: Everybody in the U.S.A. pays taxes.

$300 Answer What is FALSE.

$400 Question What is Risk?

$400 Answer What is uncertainty of the outcome of an event?

$500 Question Bjorn deposits $3,000 into a savings account, and plans to leave it there for 18 years. At what interest rate will it double?

$500 Answer What is 4%

Final Jeopardy What is a community?

Final Jeopardy Answer What is A group of people working together towards a common good?