Money Management Quiz

What are some ways people can earn money?

• By asking friends for money

• By winning the lottery

• Through a job or allowance

• By finding money on the street

What does it mean to save money?

• Spending it all at once

• Keeping it for later use

• Losing it

• Giving it away

What did Lucy buy even though she already had enough?

• Books

• Shoes

• Toys

• Clothes

What is a good way to spend a lot of money quickly?

• Investing in stocks

• Saving it in a bank

• Donating to charity

• Shopping online for unnecessary items

Where did Lucy mistakenly keep her money?

• In a drawer

• Under her bed

• In a piggy bank

• In the fridge

What does Milo do to save money at the grocery store?

• Avoids shopping

• Buys only expensive items

• Uses coupons

• Buys everything he sees

What did Milo save up to buy?

• A car

• A vacation

• A house

• A computer

Why is it important to save money for emergencies?

• To be prepared for unexpected expenses

• To lend money to friends

• To buy more toys

• To spend it all at once

What is a budget?

• A plan for spending and saving money

• A list of things to buy

• A type of bank account

• A way to earn money

What can you do if you want to change how you spend or save money?

• Make a new budget

• Ask friends for advice

• Spend all your money

• Ignore it