How to Save Money

11. What is the first step to saving money?

• A) Getting a job

• B) Making a budget

• C) Buying cheap things

• D) Borrowing money

12. What does making a budget involve?
A) Guessing expenses
B) Asking friends for advice
C) Writing down income and expenses
D) Paying all your bills early

• A) Guessing expenses

• B) Asking friends for advice

• C) Writing down income and expenses

• D) Paying all your bills early

13. What should you avoid to save more money?
A) Using cash
B) Buying things you don’t need
C) Carrying a wallet
D) Going to the bank

• A) Using cash

• B) Buying things you don’t need

• C) Carrying a wallet

• D) Going to the bank

14. Why is it helpful to make a shopping list?

• A) It helps you buy more

• B) It makes shopping longer

• C) It prevents unnecessary purchases

• D) It gives you free items

15. How can small daily savings help?

• A) They don’t make a difference

• B) They build up over time

• C) They are easy to forget

• D) They cost more

16. What is a good reason to save money?

• A) To spend more later

• B) To avoid work

• C) To reach a personal goal

• D) To make friends

17. How can savings grow?

• A) By putting them in your wallet

• B) By spending often

• C) By using a savings account

• D) By hiding money at home

18. What does saving money require?
A) Discipline
B) Luck
C) Intelligence
D) Education

• A) Discipline

• B) Luck

• C) Intelligence

• D) Education

19. What kind of purchases should you reduce?
A) Necessary items
B) Unplanned and frequent snacks or drinks
C) Bills and rent
D) Emergency supplies

• A) Necessary items

• B) Unplanned and frequent snacks or drinks

• C) Bills and rent

• D) Emergency supplies

20. What is one result of saving money?
A) You’ll have fewer friends
B) You can spend more on hobbies
C) You’ll feel more secure
D) You’ll work longer hours

• A) You’ll have fewer friends

• B) You can spend more on hobbies

• C) You’ll feel more secure

• D) You’ll work longer hours