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Money & Financial Literacy Basics

Middle/high school personal finance · Easy · 15-20 min

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About This Board

This board helps players review Life Skills · Financial Literacy through a Jeopardy-style game format on Kleveroo. It includes categories such as Earning, Saving, Banking, Taxes, Cost of Living. It is useful for classroom review, team trivia, family game night, test prep, and group play.

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Questions in this game

A peek at what's on the board — 5 categories and one sample clue from each. Answers stay hidden until you open them, so the game still works.

  • Earning

    Money you earn from a job before deductions.

    Show answer

    Gross income (or gross pay)

    +4 more clues in this category

  • Saving

    Money set aside for unexpected expenses.

    Show answer

    Emergency fund

    +4 more clues in this category

  • Banking

    Account used for everyday spending.

    Show answer

    Checking account

    +4 more clues in this category

  • Taxes

    U.S. agency that collects federal taxes.

    Show answer

    IRS

    +4 more clues in this category

  • Cost of Living

    Monthly payment to live in a rental.

    Show answer

    Rent

    +4 more clues in this category

Board content

Earning

$100 — Money you earn from a job before deductions.
Gross income (or gross pay)
$200 — Pay after taxes and deductions.
Net pay (take-home)
$300 — Money paid per hour worked.
Wage
$400 — Fixed yearly pay regardless of hours.
Salary
$500 — Extra pay for working over 40 hours/week.
Overtime

Saving

$100 — Money set aside for unexpected expenses.
Emergency fund
$200 — Interest earned on interest.
Compound interest
$300 — Recommended emergency fund size.
3-6 months of expenses
$400 — The 'pay yourself first' rule means save before this.
Spending
$500 — A common high-yield account at a bank.
High-yield savings account

Banking

$100 — Account used for everyday spending.
Checking account
$200 — Account used to grow money over time.
Savings account
$300 — Card linked directly to your bank account.
Debit card
$400 — U.S. agency insuring deposits up to $250k.
FDIC
$500 — A small electronic transfer of paychecks into your account.
Direct deposit

Taxes

$100 — U.S. agency that collects federal taxes.
IRS
$200 — Date federal taxes are usually due.
April 15
$300 — Tax taken out of your paycheck.
Withholding (FICA / federal/state)
$400 — The form you file each year.
1040
$500 — The form an employer gives you summarizing wages.
W-2

Cost of Living

$100 — Monthly payment to live in a rental.
Rent
$200 — Cost of electricity, water, gas, internet.
Utilities
$300 — Insurance everyone must have if they drive in most states.
Auto insurance
$400 — Rising prices over time.
Inflation
$500 — Recommended max rent percentage of take-home pay.
About 30%

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