Saving Money Quiz

Why do people save money?

• So they can use it in the future

• To throw it away

• To never use it

What is a need?

• Things you would want to have

• Must have to survive

• Something like a game

Wants are....

• Groceries such as fruit and veggies

• Things you need to survive

• Things people would like to have

What is the reason somebody sets a goal?

• To feel better about themselves

• In order to save as much money to buy what they want/need

• To workout

What is an emergency fund?

• A fund for visits to the Dr, car repair, projects

• This fund is used for art

How can you save money?

• Piggy bank

• Pocket

• Your parents

What is a savings account?

• An account that keeps your money forever and ever

• An account to save your money you earn

• A fake account

A bank is a place where people keep their money.

• False

• True

Interest is money that is paid to people for keeping their money in a bank account.

• True

• False

Its important to save because ________.

• It helps you to pay for a house or college in the future.

• It helps you to spend it all in one day.

• It helps you pay for toys all the time.