Financial Literacy

If I overspend my allowance, I can expect my parents to give me more money.

• True

• False

It is easier to return an item to the store if I have the sales receipt.

• True

• False

Writing down my expenses helps me know my spending balance.

• True

• False

It is OK to buy everything I want.

• True

• False

Which of the following is a responsible spending practice?

• Spending money more than I have planned.

• Buying an item that looks good to me, even if I do not need it.

• Buying an item that is included in my spending plan.

• Always shopping at the most expensive stores.

Keeping records:

• Helps me know what I spend.

• Helps me stay within my spending plan.

• Makes me more responsible.