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Smart Money Management for Students

Authored by Fallon Parker

Financial Education

6th Grade

Smart Money Management for Students
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of having a savings account?

To spend money on entertainment

To keep money safe and earn interest

To pay off debts

To buy groceries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you save $10 every week, how much will you have saved after 4 weeks?

$20

$30

$40

$50

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a good example of a short-term financial goal?

Buying a house

Saving for a new video game

Planning for retirement

Starting a business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you want to save $100 in 10 weeks, how much should you save each week?

$5

$10

$15

$20

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to set financial goals?

To spend money quickly

To have a clear plan for saving and spending

To avoid making a budget

To borrow more money

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