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Worksheets

Money

Total questions: 20

Worksheet time: 29mins

Name
Class
Date
1.

Answer the question in a full sentence.

What do you spend money on?

4 lines
2.

Choose the correct words(sky-high, high-tech, hard-to-resist, overnight, must-have, worldwide

to complete the text.

We see new 1____ gadgets almost every day: TVs, smartphones, and dozens of other 2___ items. When the Apple iPhone launched in 2007, it was a(n) 3___ sensation. Soon, smartphones were a(n) 4___ phenomenon. But some consumers are unhappy about the 5___ price of a new iPhone, complaining that while many gadgets become cheaper over time, the price of the 6___ iPhone has steadily increased.

4 lines
3.

A specific type of loan that is used to buy real estate is...

a)

currency

b)

loan

c)

mortgage

d)

transaction

4.

Is barter = exchange goods without involving money?

a)

yes

b)

no

5.

Answer the question.

Which payment methods can you name? List as many as possible.

4 lines
6.

A business that keeps and lends money is a...

a)

clerk

b)

cash machine

c)

bank

d)

bank account

7.

A piece of paper money is called...

a)

note

b)

cheque

c)

coin

d)

EURO

8.

A small case for carrying money, usually carried in a pocket or bag is ...(there is more than one answer)

a)

mini bag

b)

wallet

c)

note bag

d)

purse

9.

Which words describe a thing or place to keep your money?(there is more than one answer)

a)

cash machine

b)

piggy bank

c)

wallet

d)

bank

e)

purse

10.

What can you pay with?(There is more than one answer)

a)

cheque

b)

bill

c)

wallet

d)

credit card

e)

note

11.

You are hard up. What does it mean and how do you feel?

4 lines
12.

All the words fine, fare, fee are related to paying. How do they differ? Please explain each.

4 lines
13.

Which of the following doesn't fit the description: An amount of money paid to an employee isn't...

a)

salary

b)

wage

c)

profit

d)

reward

14.

Which word doesn't mean poor?

a)

penyless

b)

hard up

c)

broke

d)

affluent

15.

English tuitions cost £8 and take place twice a week. How much does it make a month?

a)

16

b)

24

c)

32

d)

64

e)

None of the answers is correct.

16.

How much does Adam and Sara spend on food and travelling in a month?

Adam works as a postal delivery worker and gets £1,266 take home pay per month. He gets the bus to work which costs him £25 per week and he eats lunch in his work canteen which costs £15 per week. Sara works as a teaching assistant in a school and gets £742 take home pay per month. As the school is near her house, she walks to work and on the way home, she buys some take-away food for her lunch. This costs £20 per week.

4 lines
17.

Which of the listed words is income?(tick all the correct answers)

a)

salary

b)

state benefits

c)

jobseekers allowance

d)

wage

e)

All the previous answers are correct

18.

Answer the question. Try to expand your answer.

Have you ever felt like being ripped off? When?/How?

4 lines
19.

Which of the organizations would you prefer to raise money for? Try to provide arguments/Explain.

1.Say NO to Polio

2.Baskets for schools

3.Sundance

4.New start

4 lines
20.

Why is it important to have savings?

4 lines