For Android: 4.4 and up | Guide: Give-Get Financial Board Game cheats tutorial |
When updated: 2020-11-29 | Star Rating: 0 |
Name: Give-Get Financial Board Game hack for android | Extension: Apk |
Author: Finance411 | File Name: com.DefaultCompany.GiveGetIlijaTest |
Current Version: 1.0.2 | User Rating: Everyone |
Downloads: 10-10 | Version: mod, apk, unlock |
System: Android | Type: Education |
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Give-Get is a financial literacy mini game used to teach budgeting, saving, and borrowing. Students compete, play and learn outside of the classroom. Students move around the board making decisions to Give cash to potentially Receive money. In order to successfully move around the board, a student must understand their essential expenses and plan for unexpected expenses by establishing an emergency fund. Once a student has their essential expenses and emergency fund covered, then any extra cash can be used for discretionary spending, saving or investing. A student has two choices to use their discretionary dollars. They can do nothing (the equivalent of keeping their cash under the mattress) or they can Give cash to potentially Receive cash depending on where they land on the board. The Four Corners are the most necessary places on the board and represent Budgeting. Establishing a weekly, monthly or annual budget is the first step to getting a handle on your finances. You have to figure out how much cash is coming in and how much cash is going out to calculate how much is left for saving and investing. The Piggy represents a guaranteed savings acc which is the foundation of an overall retirement planning tactic. Examples of guaranteed saving cars that can also provide guaranteed income are pensions and annuities. In addition, checking accounts, savings accounts, certificate of deposits and cash shop funds are relatively secure investments and pay varying degrees of interest on your cash so they are also considered a Piggy. The Chart represents a non-guaranteed investment acc. If you are saving for longer-term goals (10+ years), investing in the stock shop can be a awesome method to make wealth. Some examples used to invest in the stock shop are individual stocks, passive index funds and active mutual funds. The Ticket represents speculation or gambling. Examples are playing the lottery, betting on a sporting happening or playing a slot machine. With gambling, once the happening is over or the slot machine’s reels stop spinning, your possibility to victory cash is over. It is an all or nothing proposition. You either victory or lose. The House represents asset ownership. It illustrates how an asset appreciates in value over time, but may lose value if you have to sell it in a fire sale. Owning an asset can be very rewarding and financially beneficial. Examples of owning an asset are a basic residence, an investment property, a business venture, a personal investment, commercial true estate or a piece of art or jewelry. The Pillars represent Borrowing. Borrowing can be a positive financial transaction if you have a plan to repay the loan and a plan for the use of the proceeds. Examples of borrowing are a home loan, a line of credit, credit cards, or student loans. A student wins if their enemy goes bankrupt or if they are the first user to have a net worth of at least $100. Sponsors can use the apk for a national tournament with scholarship opportunities.
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