MoneyWeek2025

1. What is the main purpose of Money Week?

• To help students understand money and finance

• To teach students about history

• To encourage students to spend more money

2. What is a budget?

• A special kind of coin

• A type of bank account

• A plan for how to use your money

Which of the following is an example of saving money?

• Keeping some money aside for the future

• Buying a new phone immediately

• Spending all your money on snacks

What is interest in a bank account?

• The amount of money you take out of your account

• A fee you pay to the bank

• Extra money the bank gives you for keeping your savings there

What is an important rule when using a credit card?

• Pay back the money on time to avoid extra costs

• Never check your balance

• Always spend as much as possible

What does 'income' mean?

• The money you borrow

• The money you earn or receive

• The money you spend

Why is it important to compare prices before buying something?

• Because it takes a lot of time

• So you can spend more money

• To find the best deal and save money

What should you do if you want to save money?

• Set a goal and put aside money regularly

• Borrow money from friends often

• Spend all your money immediately

What is a safe way to keep your money?

• Giving it to a stranger

• Under your pillow

• In a bank account

Why is financial education important?

• It is only useful for rich people.

• It helps people make smart money decisions.

• It teaches you how to spend all your money.