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Slide 2 High School 101 Financial Simulation Game March 2010 Lessons 2,3,4,5,7 Slide 3 Round 1 Final Jeopardy Blue Group Green Group Red Group Slide 4 Finding a Job Budgeting and Saving Buying a CarChecking Accounts $100 $200 $300 $400 $500 Finding an Apartment Slide 5 $100 Acquired skills or talents Slide 6 What is APTITUDE? Slide 7 $200 Entitlements, such as health or life insurance Slide 8 What are BENEFITS? Slide 9 $300 A chosen pursuit, profession, or occupation. Slide 10 What is a CAREER? Slide 11 $400 A letter you send with your resume to provide more information about you. Slide 12 What is a COVER LETTER? Slide 13 $500 A fixed compensation paid regularly for services. Slide 14 What is SALARY? Slide 15 $100 Money received. Slide 16 What is INCOME? Slide 17 $200 An amount of money spent. Slide 18 What is an EXPENDITURE? Slide 19 $300 An expenditure that varies. Slide 20 What are FLEXIBLE EXPENSES? Slide 21 Slide 22 $400 Money received after all adjustments and deductions are made. Slide 23 What is TAKE HOME PAY? Slide 24 $500 An amount of money remaining after all expenses have been met. Slide 25 What is a SURPLUS? Slide 26 $100 The amount of money that a tenant pays to a landlord. Slide 27 What is RENT? Slide 28 $200 The company or individual that owns an apartment. Slide 29 What is a LANDLORD? Slide 30 $300 Items and services needed to make a house or apartment functional such as hot water, electricity, natural gas, phone service and cable. Slide 31 What are UTILITIES? Slide 32 $400 A sum of money usually equal to one months rent, held by the landlord to cover any damage to the apartment caused by tenant. Slide 33 What is a SECURITY DEPOSIT? Slide 34 $500 A legal document signed by both the tenant and the landlord that contains the terms of the agreement, such as the names of the tenants, the rent amount, and the responsibilities of the landlord and tenant. Slide 35 What is a LEASE? Slide 36 $100 An amount of money given to the borrower for a set period of time. After the set period of time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made monthly. Slide 37 What is a LOAN? Slide 38 $200 An agreement that gives one party the use of a commodity for a specified period of time and for a specified price. Slide 39 What is a LEASE? Slide 40 $300 This compensates an injured party up to an amount outlined in the policy statement. This type of insurance ensures you will be able to pay for any damages you cause. Slide 41 What is LIABILITY INSURANCE? Slide 42 $400 This covers the car of the insured person and pays for repairs after an accident or cash compensation if the car cant be repaired. This type of coverage is usually optional. Slide 43 What is COLLISION INSURANCE? Slide 44 $500 This stands for annual percentage rate, which is a number calculated by taking into account the total cost of the loan, including what the borrower will pay in interest: this makes it easier to compare different loan offers. Slide 45 What is APR? Slide 46 $100 Financial institution at which you can get a checking account or a savings account. Slide 47 What is a BANK? Slide 48 $200 Amounts of money withdrawn from your account beyond the money the account held. Slide 49 What is OVERDRAFTS? Slide 50 $300 Calculations that are made to determine the difference between the payments from, and the deposits to, a checking account. Slide 51 What is BALANCING A CHECKING ACCOUNT? Slide 52 $400 An automatic deposit of a paycheck without having to take a physical check to the bank. Slide 53 What is DIRECT DEPOSIT? Slide 54 $500 The book in which to keep all records of checks, deposits, debit card transactions, and ATM withdraws. Slide 55 What is a CHECK REGISTER? Slide 56 Final J**pardy The concept of saving a percentage of your money every time you get paid or receive a monetary gift. Slide 57 What is PAY YOURSELF FIRST? Slide 58 Directions: 1. Scroll through the presentation and enter the answers (which are really the questions) and the questions (which are really the answers). 2. Enter in the categories on the main game boards. 3. As you play the game, click on the TEXT DOLLAR AMOUNT that the contestant calls, not the surrounding box. 4. When they have given a question, click again anywhere on the screen to see the correct question. Keep track of which questions have already been picked by printing out the game board screen and checking off as you go. 5. Click on the Game box to return to the main scoreboard. 6. Enter the score into the black box on each players podium. 7. Continue until all clues are given. 8. When finished, DO NOT save the game. This will overwrite the program with the scores and data you enter. You MAY save it as a different name, but keep this file untouched!