Cha Ching

In the music video "Big Big Waste of Money", each member regrets wasting money on unnecessary purchases and gives advice on how to spend money wisely. Which of the following is not one of them?

• Be yourself

• Don't be fooled by ads

• Earn your own money through hard work

• Try before you buy

Identify which of the following is NOT a "Spend" activity.

• Prudence paying for lunch

• Bobby buying a magazine

• The manager renting a speaker for the show

• Pepper giving money for Give 4 Grain

Identify which of the following is NOT an "Earn" activity.

• Justin getting a new guitar string

• Justin selling a lemonade

• Pepper's Dad selling a book

• The driver delivering a grain

In the first lesson called, "Earn, Save, Spend, Donate" the ________ activities best help children identify the four key activities that can be done with money: earn, save, spend, donate.

• Money earning

• Money flow

• Personal budget planning worksheet

• Scenario worksheet

By encouraging Bobby to resist the immediate reward of buying candy to save for a drum set, Prudence taught him the importance of:

• Delayed gratification

• Social responsibility

• Financial projection

• Interest rates

The Cha-Ching curriculum explains ________ as having enough money to pay for something.

• Spend

• Compare

• Want

• Afford

Financial literacy is a critical life skill that only adults can learn through personal life experiences.

• True

• False

The video "Spend Your Money Wisely, My Friend" encourages children to analyze their available resources and always prioritize what they want over what they need.

• True

• False

Companies today are developing programs for corporate ________ where people are encouraged to patronize their products and services and in return, these companies share part of the income as donation to deserving charitable beneficiaries.

• Social responsibility

• Marketing purpose

• Operational purpose

• Research and Development purpose

If you have $100 in your savings account and the interest rate was 3% per year. After 5 years, How much do you think you would have in the account if you left the money to grow?

• More than $103

• Exactly $103

• Less that $103

• None of the above