TODAY | June 24, 2013
>>> all right. time to put our money where our mouths are in a game we're calling funny money .
>> it's where pop culture meets finances. the questions are dealers choice.
>> who will come out on top.
>> not me. i'm terrible at games but jean is our host and judge and i think my friend will help me win.
>> i'll do my best. no cheeth. here's how this goes. i'm going to give you a category, you each have $1,000 there. 1,$0 1,000 today show dollars. whoever gets the closest gets a prize.
>> first category is tabloid father. place your bet.
>> i got three on that.
>> i got five on that.
>> here's the question, mike tyson , and dion and gary all filed bankruptcy. how many years does it take a chapter 13 bankruptcy to fall off your credit record .
>> 10 years, 20.
>> al gets the money.
>> you should know that. al you should have firsthand knowledge of that.
>> by the way, you might --
>> i listened to jean's segments.
>> category number two, shopping cents, place your bets.
>> i'm going to go 500.
>> here's the question, in the song thrift shop , he suggests $50 is too much to pay for a t-shirt. what is the average percentage of their income that americans spend on clothing. average percentage.
>> average% of income americans spend on clothing.
>> i say 25%.
>> and carson gets it. it's actually 3% but at 5% you came close. that number is going down.
>> i like to shop.
>> not as much as tamron likes to shop.
>> category number three, is savings strategy. place your bet.
>> i'm going big. i'm going to put 500.
>>> all right. here's the question, in season 3 of downtown abbey all the money is gone because robert made one of the most basic investing mistakes. what did he do.
>> i've never seen that show.
>> what did he not do.
>> i know.
>> he invested in the recalled meat.
>> i got it.
>> i got it.
>> i need a buzzer.
>> where's my buzzer.
>> here we go.
>> he didn't save.
>> he cashed out.
>> no he didn't diversify. he put all his money in the railroad that went bust. it's category facts and figures in the episode the calzone, he gets kicked out of a restaurant when trying to pay with pennies. how much does it cost to make a penny.
>> it's a losing deal.
>> it's very controversial.
>> how much does it cost to make a penny is the question.
>> i'm going to say 10 cents .
>> 1 penny.
>> 2.41 cents. carson you're closest. you get the money.
>> all right.
>> and you just took all of al's money.
>> i know.
>> here we go. is that it?
>> we're out of money. no more dollars left.
>> no more time. we'll have to play this game again. carson would you like the box. behind the curtain you have to choose. one or the other.
>> take the box. take the box. go with the box.
>> i'll take the box.
>> what is that.
>> karoke machine.
>> i'm going home with that one.
>> that's pretty good.
>> this is great. thank you jean.
>> thank you jean. this is awesome.
>> thank you. thank you for playing.
>> all right. thank you. good information there.
>> this is "today" on nbc.