Pre Assess Words: Save, Spend and Invest

1. What does it mean to save money?

• A) Using money to buy something right away

• B) Keeping money aside for future use

• C) Giving money to someone else to use

2. Which of the following is an example of spending money?

• A) Putting €50 in a piggy bank.

• B) Buying a new phone for €600

• C) Depositing €100 into a savings account

3. What is the primary purpose of investing money?

• A) To keep it safe for emergencies

• B) To grow its value over time

• C) To use it immediately for daily needs

4. If you earn €500 and put €100 in a savings account, what have you done?

• A) Saved money

• B) Spent money

• C) Invested money

5. Which of the following is the riskiest financial action?

• A) Saving €200 in a bank account

• B) Spending €1,000 on a vacation

• C) Investing €500 in the stock market

6. If you spend all the money you earn and don’t save or invest, what might happen?

• A) You will always have enough money

• B) You might struggle financially in the future

• C) You will become rich quickly