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Life, Money, and You. Ms. Grinde. Unit 2: Budgeting Review Jeopardy!.
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Life, Money, and You Ms. Grinde
Unit 2: Budgeting Review Jeopardy! • Today we will review the material we’ve learned in Unit 2: Budgeting by playing a game of jeopardy! You are ALLOWED to use your notes, but the more you know off hand, the better! This review will be great to assess your knowledge of the learning objectives in Unit 2. • First let’s cover the rules & then divide into teams!
Rules: • The Jeopardy board consists of 30 questions, divided into six categories. There will be TWO teams. The game starts when the first team chooses a category and question with a corresponding point value. • The higher the point value, the more difficult the question. • The ‘questions’ are actually posed as statements and you must answer the ‘questions’ in the form of a question. • When questions are asked either team can buzz in to answer. Your team will have 15 seconds to answer before your turn is loss and the opposing team can try to answer. • The team that answers correctly gains control of the board and picks next question.
Rules: • The board contains ‘double jeopardy’ questions. At this time only the team who landed on the ‘D.J.’ can answer. You will wager (maximum: your total score) what you’d like to bet on the question BEFORE seeing it. You will have 30 seconds to answer. • The final jeopardy round will be a single question posed to each team. You will see the category, and then be asked to wager (maximum: total score). You will be asked the question and have 30 seconds to WRITE down the answer (remember: In the form of a question). • The team with the highest score at the end of the final jeopardy round WINS!
THIS IS Jeopardy
Your With Host... Miss Grinde
Jeopardy Taxes Understanding Your Paycheck Receiving $ From Government Spending Plans Living Expenses Random Fun 100 100 100 100 100 100 200 200 200 200 200 200 300 300 300 300 300 300 400 400 400 400 400 400 500 500 500 500 500 500
What is 31%? A 100
These are the three ways in which an employer can pay their employees. A 300
What is gross income? A 400
The paycheck amount and this income amount are the same. A 500
What is net income? A 500
All government assistance programs are intended for use for this amount of time. B 100
An action that you can do with your fingers or a temporary government assistance program to buy food. B 200
What is S.N.A.P (Supplemental Nutrition Assistance Program)? B 200
A tax that is quite controversial and provides a small income and services to the elderly, disabled, and orphaned minors. B 300
What is social security? B 300
A worker who has been let go or laid off receives this stipend from the government. B 400
This government program provides medical care to the elderly and people with disabilities. B 500
What is medicare? B 500
A plan for managing your money during a given period of time. C 100
For those living on this ‘federal and state determined ‘least amount earnings’, budgeting is even more critical. C 200
What is minimum wage? C 200
In order to Budget, you must first determine what is the money you have coming in and out. C 300
What is cash flow? C 300
DAILY DOUBLE DAILY DOUBLE Place A Wager C 400
What are: SNAP TANF Medicare Medicad Unemployment Insurance Social Security Earned Income Tax Credit C 400
When budgeting a meal, a family can buy this instead of brand name foods to save money. C 500
This term can label every person who receives a paycheck. D 100
What is a taxpayer? D 100
What are property taxes? D 200
Responsible for collecting federal taxes, issues regulations, and enforcing tax laws written by the United States Congress. D 300
What is income tax? D 500