5th Grade: Lunch Money Chapters 1-5

How did Greg know so much about money?

• He had just always understood it. He had a natural talent with it.
• He learned about money from his parents.
• He took a financial class at school.

Which of the following were ways Greg made money?

• He babysat his neighbors, walked dogs, and delivered newspapers.
• He cleaned his brothers' rooms, loaned money with a lender's fee, raked leaves, washed cars, and shoveled snow.
• He ran errands for his parents and sold lemonade.

Why did Greg’s dad suggest he open a bank account?

• So he could save for college.
• So he could write checks.
• So he wouldn’t lose his hidden money and could gain interest.

How much did Greg deposit in the bank?

• $5000
• $2000
• $3200

Why did Greg keep a couple hundred dollars out when he opened his account?

• He knew a good businessman needed money readily available.
• He wanted to spend it on toys.
• He didn’t trust the bank.

What were some things kids in the cafeteria were doing with quarters?

• Buying ice cream sandwiches, cupcakes, cookies, school store items, drinks, and snacks.
• Playing arcade games in the lunchroom.
• Paying for class trips.

What school did Greg attend, and what grades were there?

• Ashworth Intermediate School, 4th-6th grades.
• Lincoln Elementary School, 1st-5th grades.
• Jackson Middle School, 6th-8th grades.

What did Greg sell at school first? Why did he stop?

• He sold video games, but teachers took them away.
• He sold candy, but stopped because it was against school rules.
• He sold school supplies, but kids didn’t want them.

What did Greg decide to sell next, and what inspired him?

• He sold stickers because kids liked decorating their notebooks.
• He sold gum because it was popular.
• He sold toys because TV ads targeted kids with toys.

What was Greg’s dad’s defense when his mom worried about Greg’s focus on money?

• Greg would grow out of it soon.
• Greg was earning money for their family.
• Greg still did everything other kids did, and working hard wasn’t bad.