Budgeting and Financial Literacy Game

What percentage of people have at least one error on their Credit Report?

• 5

• 25

• 50

• 37

If you do not pay your credit card what is the average daily interest?

• 0.05%

• 10%

• 20%

• 5%

What is the average Net Worth of someone who is 30 years old?

• 6,000

• 12,000

• 4,000

• 9,000

What is the average Net Worth of someone who is 40 years old?

• 6,000

• 5,200

• 25,000

• 52,000

What is the average Net Worth of someone who is 50 years old?

• 5,000

• 10,000

• 25,000

• 100,000

What is a healthy emergency fund on the budgeting game?

• 100

• 1000

• 800

• 500

How many months of emergency fund in the budgeting game?

• 3

• 6

• 1

• 9

• In 2019, 41% of U.S. households use a budget.

• True

• False

• The US Government’s budget for 2020 is almost $5 trillion.

• True

• False

In the Budget Game, the biggest spending shock you’ll encounter is $800.

• True

• False