Saving Money Quiz

What is the first step to take if you want to save money for something specific according to the text?

• Buy a piggy bank

• Set a specific goal

• Buy what you want immediately

• Spend all your money

Tags

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.5

According to the text, where is one place you can keep your money safe?

• In a piggy bank

• At a friend's house

• In a refrigerator

• Under your bed

Tags

CCSS.RI.3.3

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

What should you do to help remember where you put your money?

• Write it down

• Tell a friend

• Keep it in the same place every time

• Spend it quickly

Tags

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

What should you do when you add money to your savings according to the text?

• Spend it immediately

• Color part of the savings chart

• Tell your friends about it

• Put it in a separate jar for spending

Tags

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

What can you decorate your savings chart with to show what you are saving for?

• Pictures of what you are saving for

• Letters from friends

• Random colors

• Stickers of celebrities

Tags

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.5

According to the text, why is it beneficial to save money in separate jars or containers?

• To spend it on games

• To make it easier to spend

• To save for more than one thing

• To show it to friends

Tags

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

CCSS.RI.5.5

What does the text suggest you do with money as soon as you get it to spend less?

• Spend it on video games

• Put it into savings quickly

• Divide it among friends

• Hide it from your parents

Tags

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.5

What is the purpose of asking yourself if you really want something before buying it?

• To make sure you have enough money

• To decide if it's worth spending your savings

• To check if it's available in the store

• To see if it matches your clothes

Tags

CCSS.RI.1.4

CCSS.RI.2.1

CCSS.RI.3.1

CCSS.RL.2.1

CCSS.RL.3.1

What can you do instead of spending money on costly activities for fun?

• Go to the movies

• Buy snacks from the store

• Play a game in the park with friends

• Stay at home and do nothing

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.RL.1.4

What does "accountability" mean in the context of saving money?

• Keeping a record of all expenses

• Having someone to help you stay on track with saving

• Saving a fixed amount every month

• Never spending money on entertainment

Tags

CCSS.RI.4.2

CCSS.RL.3.1

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.5.2