Unit 6: Money Matters

ATM stands for

• Automatic teller machine

• Auto telecommunication machine

• Automated teller machine

• Automated telecommunication machine

What does it mean by 'using money wisely'?

• To buy things that we want even if they are expensive

• To buy things that we cannot afford because others have them

• To buy things with borrowed money

• To buy things that are necessary with our own money

If you were to plan your budget, how should you do it?

• Put my money aside for daily needs and save for my future.

• Put my money aside for things that I want and spend all my money

• Put my money aside for daily needs and save money for the expensive things that I want

• Put my money aside for daily wants and save money for rainy days

How can you use money to make money?

• Borrow money to start a business for a profit

• Keep my money in a safe place at home

• Learn to make things and sell them for a profit

• Keep my money in the piggy bank

Choose a word that has the same meaning as the word being underlined.

Jia Ming already has a smartphone but he still wants a new one because it is the latest model.

• coolest

• high-tech

• newest

• recently

What does it mean by using a credit card?

• Use your own money that you have saved

• Use the money you borrow from a friend

• Use the money you lend to the bank and they pay you by bills

• Use the money the bank lends you and you need to pay back later

Your sister is asking you if she can use your pen. Which of the following is NOT the correct question?

• Can I borrow your pen, please?

• Can you lend me your pen, please?

• Can you borrow me your pen, please?

• Can you lend your pen to me, please?

The things you own are also known as ___________.

• processions

• possestions

• possessions

• prosessions

Although we are not adults, we have to learn to use money carefully and ____________.

• response

• responsive

• responsible

• responsibly

If you are unable to pay for something, it means you cannot _________ it.

• owns

• repay

• afford

• borrow