Welcome COUNTRY Financial proudly provides financial literacy education

Welcome COUNTRY Financial® proudly provides financial literacy education to your classroom. Financial literacy is important, no matter how old you are and no matter your goals. Understanding money allows you to make more informed choices and to be better able to pursue your dreams. Congratulations on taking this first step in becoming more financially savvy. Sponsored by

Click Here to Begin the Game Copyright © 2014 Financial Beginnings, all rights reserved.

Banking Money & Budgeting Definition Math 100 100 200 200 300 300 400 400 500 500

What is “Money” What do we use today to buy the things we need and want? Row 1, Col 1

What is “Need” Is Water a Need or a Want? 1, 2

What is “Income” What term we use for money that we earn? 1, 3

What is “$3” Ashli receives $10 allowance every week, she pays her weekly bus pass ($2) and lunch ($5). How much does she have after all expenses? ! 1, 4

What is “Bank or Credit Union” What institution provides a safe place to store money and borrow money for cars or homes. 2, 1

What is “Income and Expense” What are the two components of a Budget? 2, 2

What is “Taxes” What is a way for government to raise money to pay for public needs. Such as roads & Schools. 2, 3

What is “ 8 weeks” Fernando wants to buy a PSP($75) He received weekly allowance of $10. How many weeks he will need to be able to buy a PSP? ! 2, 4

What is “Interest” You earn _______ on the money you keep in your savings account. 3, 1

What is a “Credit Card” You use this to make purchases and should pay it off each month. 3, 2

What is a “Deposit Slip” To put money in your bank account, you fill out… 3, 3

What is “$330” Suzie borrows $300 from a bank at 10% APR (annual percentage rate), how much does she owe after one year? 3, 4

What is “FDIC” _ _ insures bank accounts up to $250, 000. 4, 1

What is “Trade or Barter” Before money, people used this technique to buy and sell. . . 4, 2

What is “Federal Deposit Insurance Corporation” What does FDIC stand for? 4, 3

What is “$282. 29” Aja goes to grocery store and wants to buy 40 carrots ($2 each), 50 apples ($4 each), a bag of hot cheetos ($1. 50), and some candy ($. 79). How much does Aja need to pay? 4, 4

What is “Credit Union” You can have an account at a Bank or a ______? 5, 1

What is “Expenses” In a budget what do we call the money we spend each Month? 5, 2

What is “Cotton & Linen” What is money made of? 5, 3

What is “$120” If Sam invests $100 at 10%, how much does he have after 2 years? 5, 4

What are four things you learned in this class?

Congratulations, you are well on your way to being more financially savvy. Want to learn more? Visit countryfinancial. com/Fin. Ed Sponsored by