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WorksheetsMoney and Me
Total questions: 15
Worksheet time: 10mins
What is the name of a bank account where your salary is paid in, and you use the money to pay for everyday things?
Savings account
Interest account
Current account
If you want to put money into an account for emergencies, or to buy things in the future, what is the name of that type of account?
Current account
Savings account
Future account
What is it called when you borrow money, or go overdrawn, and when you repay the money you have to pay a bit more than you borrowed?
Payments
Interest
Borrowings
When interest rates are high, who is that good for?
People who save
People who borrow money
When interest rates are low, who is that good for?
People who have borrowed money
People who save money
If you use your bank card, which is sometimes called a debit card, where does the money come from?
Your current account
Your savings account
From Mum and Dad
If you use a credit card to pay for something, where is the money coming from?
Your current account
The credit card company
The shop where you are buying something
If you pay for something using a credit card, what happens if you don't pay it all back the following month?
You get told off
You have to pay interest
Nothing
On a payslip, which of the following will you be able to see? There may be more than one answer.
Your National Insurance number
Your account number
Your bank's sort code
Your photo
What is the correct name for the money you get paid each month by your employer?
Net pay
Total pay
Gross pay
Which of the following is taken away from your Gross pay before the money is paid into your bank account? There could be more than one answer.
Income Tax
Pension
National Insurance
Money you owe your parents
What is the name of the money you actually receive each month from your employer once Income Tax, National Insurance and your pension has been taken away?
Gross pay
Net pay
Salary
Which of the following is often a clue that an email or text is a scam? There may be more than one correct answer.
Bad spelling and grammar
An unknown phone number
The message tells you to act quickly
They ask you for your personal details
If you receive a text which you think is a scam, who should you report it to first?
Your service provider
The police
A friend
If you can't find your bank card or credit card, what should you do?
Call the police
Tell your friends
Call your bank and freeze your card
