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QR Challenge: Personal Finance and Investing

Created using the ClassTools QR Treasure Hunt Generator

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Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.

B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!

C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.

Questions / Answers (teacher reference)

Question

Answer

1. How much should you save for emergencies?$500
2. What is the first rule in personal finance?pay yourself
3. Is investing in the stock market risky?yes
4. Which type of interest earns interest on your interest?Compound
5. You can use what rule to estimate time to double your principle?rule of 72
6. Protection that is purchased just in case?insurance
7. Loan that is used to purchase a home?mortgage
8. Money that is passed along to the government?tax
9. Amount before deductions?Gross pay
10. Amount after deductions?Net pay
11. This score tells a lender how reliable you will be with paying back a loan?credit
12. Starting amount in an account or amount borrowed?principle
13. Amount you pay for insurance each month?premium
14. Additional amount paid to a lender on top of principle?interest
15. Specified amount paid at the doctor's office?co-pay
16. An account that is used to save for retirement?401k
17. Form of interest that uses I=prt?simple
18. Amount that has to be met before insurance will pay?deductible

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=How-much-should-you-save-for-emergencies?

Question 1 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=What-is-the-first-rule-in-personal-finance?

Question 2 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Is-investing-in-the-stock-market-risky?

Question 3 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Which-type-of-interest-earns-interest-on-your-interest?

Question 4 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=You-can-use-what-rule-to-estimate-time-to-double-your-principle?

Question 5 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Protection-that-is-purchased-just-in-case?

Question 6 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Loan-that-is-used-to-purchase-a-home?

Question 7 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Money-that-is-passed-along-to-the-government?

Question 8 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Amount-before-deductions?

Question 9 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Amount-after-deductions?

Question 10 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=This-score-tells-a-lender-how-reliable-you-will-be-with-paying-back-a-loan?

Question 11 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Starting-amount-in-an-account-or-amount-borrowed?

Question 12 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Amount-you-pay-for-insurance-each-month?

Question 13 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Additional-amount-paid-to-a-lender-on-top-of-principle?

Question 14 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Specified-amount-paid-at-the-doctor's-office?

Question 15 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=An-account-that-is-used-to-save-for-retirement?

Question 16 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Form-of-interest-that-uses-I=prt?

Question 17 (of 18)

 


Personal Finance and Investing: QR Challenge

https://www.classtools.net/QR/decode.php?text=Amount-that-has-to-be-met-before-insurance-will-pay?

Question 18 (of 18)