Financial Literacy Pre-Quiz

What is an allowance?

• money you get for selling something
• money you earn for doing chores
• something you are allowed to do
• money you spend to buy something

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

When I ____________ money, I work to get money.

• borrow

• steal

• lend

• earn

Tags

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.3.2E

CCSS.L.5.6

CCSS.RF.K.3C

What does it mean to spend less money and put some aside?

• save

• afford

• lend

• borrow

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

To use money to pay for something.

• spend

• cost

• deposit

• finance

Tags

CCSS.4.MD.B.4

What is money earned or received regularly for work?

• Income

• Interest

• Credit

• Savings plan

The price or amount you pay for something that you want or need.

• saving

• cost

• needs

• wants

Tags

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.1.6

CCSS.L.K.5A

Something you make to help you spend or save money wisely

• finance

• budget

• withdrawal

• wants

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

To use or take from someone if you do not have it yourself.

• finance

• budget

• borrow

• withdrawal

Tags

CCSS.RF.2.3D

CCSS.RF.2.4

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

Why do people need jobs?

• because they are bored
• to earn money for needs and wants
• because kids are in school all day
• to volunteer

Tags

CCSS.RI.2.1

CCSS.RI.3.1

CCSS.RL.2.1

CCSS.RL.3.1

CCSS.RI.1.4

What is one way Ryland can earn money?

• He can open a lemonade stand.
• He can donate to a charity.
• He can read a book about jobs.
• He can volunteer at the library.

Tags

CCSS.RI.2.1

CCSS.RI.3.1

CCSS.RL.2.1

CCSS.RL.3.1

CCSS.RI.1.1