1. Marriage Unit Jeopardy

2. Calculations
Budgeting 101
Terms
100
200
300
400
FINAL JEOPARDY

3. What is the % taken out of your check for taxes?
Calculations - 100
What is the % taken out of your check for taxes?
Answer

4. Calculations - 100
What is Income Tax?

5. Money made before deductions and money after deductions
Calculations - 200
Money made before deductions and money after deductions
Answer

6. What is Gross Income and Net Income?
Calculations - 200
What is Gross Income and Net Income?

7. Find the Net Income of a job that makes $27.55 per hour
Calculations - 300
Find the Net Income of a job that makes $27.55 per hour
Answer

8. Calculations - 300
What is $3,085.60?

9. Defining - 400
If your gross income is $5,400 a month, calculate 25% of your monthly net income to find how much of your monthly budget can go towards rent.
Answer

10. Defining - 400
What is $945?

11. A cell phone and Netflix would be considered this.
Budgeting - 100
A cell phone and Netflix would be considered this.
Answer

12. Budgeting - 100
What is a Want?

13. If you have two children, how much does child care cost per month?
Budgeting - 200
If you have two children, how much does child care cost per month?
Answer

14. Budgeting - 200
What is $1,600?

15. Budgeting - 300 Minimum wage in Montana
How much do you need to save each month?
How much do you need to donate each month?
Answer

16. Budgeting - 300
What is $8.05, $20,$10?

17. Budgeting - 400
Calculate the monthly gas payment for a car that gets 21 MPG, holds 22 gallons, $2.35 per gal, 1,500 miles driven.
Answer

18. Budgeting - 400
What is $167.85?

19. Define the following: W/D Dep Lndry A/C Unf Gar
Terms -100
Define the following: W/D Dep Lndry A/C Unf Gar
Answer

20. Terms - 100
Washer / Dryer Laundry Unfurnished Rental Deposit Air Conditioning Garage

21. Terms - 200
Write down the education level for each number below: #1 - #2 - #3 - #4 - #5 - #6 -
Answer

22. Terms - 200
#1 – HS Dropout #2 – HS Diploma #3 – 2 Years of College (Associates Degree) #4 – 4 Years of College (Bachelors Degree) #5 – 6 Years of College (Masters Degree) #6 – 8 Years of College (Doctorate)

23. Terms - 300
These terms are used to describe your budget when you have money to spend and are in debt.
Answer

24. What is in the black and in the red
Terms - 300
What is in the black and in the red

25. DAILY DOUBLE!! Answer Husband’s Job: Mechanic Income/Wage: $40 an hour
Education:3
Wife’s Job: Nurse
Income/Wage: $100,000 yearly salary
Education: 4
Children: 3
Combined Monthly Gross Income:
Combined Income Tax:
Combined Monthly Net Income:
Answer

26. Monthly Gross Income: $14,733 Tax: $4,419 Monthly Net Income: $10,313
DAILY DOUBLE!!
Monthly Gross Income: $14,733 Tax: $4,419 Monthly Net Income: $10,313

27. FINAL JEOPARDY
Using the information from the daily double, complete the monthly budget worksheet