Needs, Wants, and Money Quiz

What are needs?

• Things we want

• Things we must have to live

• Things we like

• Things we can buy

What is an example of a want?

• Video games

• Shelter

• Water

• Food

What does it mean to save money?

• To keep some aside for future use

• To lose it

• To spend it all

• To give it away

What does it mean to share money?

• To save it

• To give money to help others

• To spend it on yourself

• To keep it all

What is a budget?

• A type of toy

• A kind of food

• A plan for how to use your money

• A way to spend all your money

What should you include in a budget?

• Only what you want to buy

• How much money you have

• How much candy you want

• Only how much to share

What is one of the three jars for money?

• Share

• All of the above

• Spend

• Save

What do you need to buy?

• Only food

• What you need

• Only toys

• What you want

What is an example of a need?

• Ice cream

• Toys

• Clothes

• Video games

What does it mean to spend money?

• To keep it for later

• To use it to buy something now

• To give it away

• To lose it