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9. 15 20 25 510 Growing Money Making $ Work for You Investing Income Investments Growth Investments 5 5 5 5 10 15 20 25 20 Team One Team Two Team Three Team Four Team Five Team Six

10. Growing Money Question for 5 Points What is the relationship among time, money, and rate of return? Show Answer

11. Growing Money Answer for 5 Points Time Value of Money. Back to Board

12. Growing Money Question for 10 Points What is the rise in the cost of goods and services over time, decreasing the spending power of the dollar? Show Answer

13. Growing Money Answer for 10 Points Inflation. Back to Board

14. Growing Money Question for 15 Points What is it called when you earn interest on interest? Show Answer

15. Growing Money Answer for 15 Points Compounding or compound interest. Back to Board

16. Growing Money Question for 20 Points What is the formula to figure out how long it will take to double your money? Show Answer

17. Rule of 72. Growing Money Answer for 20 Points Back to Board

18. Growing Money Question for 25 Points What are the three elements of the ‘Time Value of Money’? Show Answer

19. Growing Money Answer for 25 Points Time, money and rate of return. Back to Board

20. Making $ Work for You Question for 5 Points What do most people do to meet short term goals? Show Answer

21. Making $ Work for You Answer for 5 Points Save. Back to Board

22. Making $ Work for You Question for 10 Points What is it called when you set money aside for longer-term goals? Show Answer

23. Making $ Work for You Answer for 10 Points Investing. Back to Board

24. Making $ Work for You Question for 15 Points How do you reduce investment risk by putting money in several different types of investments? Show Answer

25. Making $ Work for You Answer for 15 Points Diversify investments. Back to Board

26. Making $ Work for You Question for 20 Points What is the practice of investing a fixed amount of money in the same investment at regular intervals, regardless of what the market is doing? Show Answer

27. Making $ Work for You Answer for 20 Points Dollar cost averaging. Back to Board

28. Making $ Work for You Question for 25 Points Name two reasons why saving and investing are important to your financial plan. Show Answer

29. Making $ Work for You Answer for 25 Points (Answers will vary) To achieve goals To be less tempted to spend To have money make money Etc. Back to Board

30. Investing Question for 5 Points What is the uncertainty that the anticipated return in an investment will occur? Show Answer

31. Investing Answer for 5 Points Risk. Back to Board

32. Investing Question for 10 Points What is the portion of the profits paid to the shareholders of a company? Show Answer

33. Investing Answer for 10 Points Dividends. Back to Board

34. Investing Question for 15 Points What is the difference between the purchase price and selling price when an investor buys a stock and sells it later at a higher price? Show Answer

35. Investing Answer for 15 Points Capital gains. Back to Board

36. Investing Question for 20 Points What is the percentage of gain or loss on an investment over a period of time? Show Answer

37. Investing Answer for 20 Points Rate of return. Back to Board

38. Investing Question for 25 Points What is the difference when an investor ends up selling a stock at a lower price than the purchase price? Show Answer

39. Investing Answer for 25 Points Capital loss. Back to Board

40. Income Investments Question for 5 Points What type of an account at a financial institution helps you accumulate and save money and earn a small amount of interest at the same time? Show Answer

41. Income Investments Answer for 5 Points A savings account. Back to Board

42. Investing Question for 10 Points A formal agreement where you lend money to the federal government who uses the money for a set period of time. In exchange, you, as the lender, get paid a specific amount of interest. Show Answer

43. Income Investments Answer for 10 Points A U.S. savings bond. Back to Board

44. Income Investments Question for 15 Points What is a bank or credit unions’ version of a savings bond? Show Answer

45. Income Investments Answer for 15 Points Certificate of Deposit (CD). Back to Board

46. Income Investments Question for 20 Points This type of asset can be converted into cash quickly and with minimum impact to the price received. Show Answer

47. Income Investments Answer for 20 Points A liquid asset. Back to Board

48. Income Investments Question for 25 Points What is the profit from an investment? Show Answer

49. Income Investments Answer for 25 Points Yield. Back to Board

50. Growth Investments Question for 5 Points What type of investment makes the investor a part owner of a company? Show Answer

51. Growth Investments Answer for 5 Points A stock. Back to Board

52. Growth Investments Question for 10 Points This type of investment involves items that are relatively rare in number, such as paintings, sculptures, other art, baseball cards, antiques, etc. Show Answer

53. Growth Investments Answer for 10 Points Collectibles. Back to Board

54. Growth Investments Question for 15 Points This type of investment involves buying property, such as land or buildings, and hoping to generate a profit. Show Answer

55. Growth Investments Answer for 15 Points Real estate. Back to Board

56. Growth Investments Question for 20 Points This investment security is a diversified portfolio of equities, bonds, or other securities. Investors purchase shares and can sell them at any time. Show Answer

57. Growth Investments Answer for 20 Points Mutual funds. Back to Board

58. Growth Investments Question for 25 Points The investments at the top of the Financial Planning Pyramid have what type of risk and what type of earning potential? Show Answer

59. Growth Investments Answer for 25 Points High risk and high earning potential. Back to Board

60. Show Question

61. “Big Points” Question Using the Rule of 72 – how many years would it take to double your money if you earned 9% interest? Show Answer 302928272625242322212019181716151413121110987654321

62. Big Points Answer 8 years. Back to Board

63. Big Board Facts © 2010 Jeff Ertzberger All rights reserved. All Clipart copyright GraphicsFactory.com – All Rights Reserved.GraphicsFactory.com Some images have been modified from original version. This presentation may not be sold, or redistributed in any form without written permission of the author. For even more template games and great resources, visit: uncw.edu/EdGames By using this game, you are agreeing to uncw.edu/EdGames’s terms of use.terms of use This presentation was adapted February 2014 by Lori Hendrickson, Extension Educator – Family Resources Management (lhend@umn.edu).lhend@umn.edu It is used by permission. End