Budget Game

What is the minimum amount you should save to earn extra points in the Budget Game?

• $200

• $500

• $1,000

• $1,500

What should you do if you have more cash than needed in your Checking Account?

• Spend it on luxury items

• Transfer it to Savings

• Keep it in Checking

• Donate it

Which of the following is NOT listed on the Dashboard in the Budget Game?

• Net Worth

• Credit Score

• Investment Portfolio

• Quality of Life

What happens when you roll a bigger number on the dice?

• You move fewer days forward

• You go farther days without unexpected expenses

• You have more expenses

• You lose points

What is an event card in the Budget Game?

• A card that gives you extra points

• A card that may add extra money or expenses

• A card that ends the game

• A card that resets your score

What is the purpose of your savings account in the game?

• To buy luxury items

• To serve as an emergency fund

• To pay off debts

• To invest in stocks

What is the effect of choosing the most expensive options in the game?

• Improves quality of life but makes budgeting harder

• Saves more money

• Reduces quality of life

• Increases game score

What should you do to earn quality of life points?

• Avoid all expenses

• Make payments on rent and set realistic savings objectives

• Spend all your money

• Ignore savings

What should you do with your paychecks to find your gross monthly income?

• Add them together

• Subtract expenses

• Multiply by two

• Divide by the number of weeks

What is the benefit of depositing paychecks directly into your checking account?

• It helps track expenses

• It earns interest

• It avoids carrying cash

• It increases credit score