Budgetball A Fiscal Sport A Big Game About the Nations Fiscal Future

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• Budgetball -- A Fiscal SportA Big Game About
  the Nations Fiscal Future
• www.budgetball.org

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Budgetball The Game

• A team-based sport designed to..
• .. help participants experience
• managing debt and savings.
• .at the personal and national
  levels

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Budgetball Goals

• Raise Awareness call attention to the federal
  debt as an important issue, prompt dialogue and
  discussion, and link to parallel issues of
  personal financial management
• Fiscal Literacy present information in a form
  and context that avoids the tune out effect
• Collaborative Problem-Solving encourage and
  reward cooperation, compromise and making tough
  choices
• Social Responsibility As students are involved
  in the game and surrounding activities, they are
  empowered to recognize their value and
  contribution to their community and their nation.
  

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Budgetball Game Concepts

• Both debt and savings are important financial
  tools.
• Debt should be used responsibly.
• A decision to incur debt should take into
  consideration both the costs and benefits that it
  will generate in the short-term and the
  long-term.
• Unpaid debt will cost more and more over time
  (compound interest).
• There should be a realistic plan to pay back
  debt.
• The level of debt incurred should be related to
  currently available resources and anticipated
  future resources.
• Savings/surpluses preserve future choices.
• Saving money may require sacrifices in the
  short-term.
• Savings/surpluses can be used to meet future
  needs, both planned and unplanned, and to pay off
  debts.
• Budgetball uses these concepts as part of the
  sport and creates a disposition to learn more

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Budgetball Basics

• A physical game for 2 teams of 610 players each.
• An active game of quick passes, tough defense,
  and bold comebacks.
• Played on any basketball court (or outdoors) on a
  field of similar dimensions), and requiring only
  a standard volleyball and a few other pieces of
  equipment.
• The ball is moved around the court by being
  passed from player to player, and players cannot
  run with the ball once they possess it.
• Players can only move within one half of the
  court according to their position.
• Teams score by catching the ball in the end zone
• Teams have to buy strategies during Budget
  Sessions held throughout the game, which require
  teams to manage debt and savings in order to win.

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Budgetball Basics
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Budget Sessions

• Budget Sessions take place at the beginning of
  EACH period
• Teams have to buy their strategy for the next
  period of play by selecting combination of 3
  power ups and/or sacrifices
• Power-Ups special advantages that a team can
  take to help them in the game (Cost Budgetbucks)
  
• Sacrifices limitations that restrict your
  play (Earn Budgetbucks)
• A teams Budget Buck Balance carries with them
  throughout the game (or tournament)
• Teams accrue 10 interest on their Budget Buck
  Balance at the beginning of each Budget Session
• Teams must pay off half their debt at the start
  of every budget session by taking Sacrifices
• At the end of the game (or tournament), Teams
  gain 1 point for every five Budgetbucks of
  surplus and lose 1 point for every five
  Budgetbucks of debt.
• In order to win, a team must use debt and savings
  creatively, strategically, and responsibly

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BUDGET SHEETS
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Building on Budgetball

• Rich educational materials and companion
  activities on
• campus will put the underlying principles into
• real-world context
• Marketing efforts on campus leading up to the
  game and game week
• Campus events -- speakers, panels, student
  exhibits, IOUSA The Movie
• Educational materials, games and tools on the
  game registration website for faculty, students,
  and campus organizations covering issues such as
• Drivers of and myths about the long-term federal
  fiscal crisis
• Personal money management and the responsible use
  of credit
• Media coverage of the game and related events
  will draw attention to the issue and convey
  substantive information

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