Money & Financial Literacy Review

Front

What are the different types of coins in the U.S. currency?

Back

Penny (1 cent), Nickel (5 cents), Dime (10 cents), Quarter (25 cents)

Front

What is a producer?

Back

A producer is someone who makes or sells goods or services.

Front

What is a consumer?

Back

A consumer is someone who buys or uses goods and services.

Front

How much is 3 dimes and 5 pennies worth?

Back

35 cents

Front

If Lila spent $1 on string, $1 on beads, and $1 on bags, how much did she spend in total?

Back

$3

Front

What happens when you save money instead of spending it?

Back

You can accumulate enough money to buy something bigger or more expensive later.

Front

What is the value of 83 cents in coins?

Back

83 cents can be made with various combinations of pennies, nickels, dimes, and quarters.

Front

How much money will Myla have if she saves $8 per week for 3 weeks?

Back

$24.00

Front

What is the importance of saving money?

Back

Saving money helps you prepare for future expenses and emergencies.

Front

What is an allowance?

Back

An allowance is a set amount of money given regularly, often to children, for their personal use.