Pocket Money Quiz

What is the main opinion of the author about pocket money?

• Children should have pocket money.

• Only wealthy children should have pocket money.

• Children should not have pocket money.

• Pocket money is a waste of money.

What is one benefit of having pocket money according to the text?

• It teaches children how to spend money wisely.

• It encourages children to waste money.

• It makes children dependent on their parents.

• It allows children to buy everything they want.

What do children learn when they buy things themselves?

• How to ask for more money.

• How much things cost.

• How to borrow money from friends.

• How to avoid spending money.

What do children need to do if they want to buy something big?

• Wait for a sale.

• Save up for it.

• Ask their parents for more money.

• Steal it from a store.

What do some parents believe about pocket money?

• All children should do chores for money.

• Pocket money is essential for learning.

• Children already have everything they need.

• Children need more pocket money.

What happens if children do not buy anything themselves?

• They appreciate the cost of things.

• They learn to save money.

• They do not appreciate the cost of things.

• They become rich quickly.

What did the author buy with their saved pocket money?

• A bicycle.

• A video game.

• A book.

• A toy.

What lesson does the author think is important for adults?

• How to avoid paying bills.

• How to borrow money from others.

• How to manage money themselves.

• How to spend money carelessly.

Why might children not appreciate the cost of things?

• They do not care about money.

• They always get what they want.

• They do not buy things themselves.

• They do not have any money.

What is one way children learn to buy things more cheaply?

• By comparing prices.

• By asking their friends.

• By using credit cards.

• By waiting for gifts.