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WorksheetsScenario of Savings
Total questions: 10
Worksheet time: 3mins
Vera is a kpop fan. She is saving her allowance to buy the album of her favorite kpop group. What type of saving is this?
A. Saving for her needs.
B. Saving for emergency.
C. Saving for important fees.
D. Saving for her wants.
Sheila can save 1000 pesos each month by cutting back on her costs, and after a year, she has saved 12,000 pesos, which is enough to open a savings account; however, she is eyeing the new Android tablet that has recently been released on the market. In this case, Sheila should:
A. Buy the newly released tablet.
B. Open a savings account.
C. Treat her friends out on a snack.
D. Buy another gadget other than tablet
Mary wants to buy a new pair of 2,000 shoes but does not have enough money. She decided to save money in her piggy bank and set a one-month savings goal. Mary saved her money through a piggy bank because ___________________
A. Mary can get some money incase of emergency.
B. She can easily determine whether she is close to her goal or not.
C. All of the above
D. Mary knows how to save money.
Ana is a junior high school student and she was saving for her textbooks because she wants to help her parents having financial difficulties. Not until she went to the mall and saw a beautiful and trendy dress costs P1, 800. Her savings is enough to buy 3 textbooks, if you are Ana what will you do?
A. Buy the dress using her savings.
B. Ask for her parents money to buy that dress.
C. She decides not to buy the dress and decide to use the money for her textbooks.
D. Lie to her parents that she needs more money for the textbooks but will later on use it for the dress.
Shane wants to buy his dream phone, the iPhone Pro Max, which costs P 65,000, but he lacks the necessary money. He believes he can save money and sets a 5-month savings goal. Shane's uncle visited them and gave them P5,000. Shane's mother wants to borrow money from him since his younger brother is sick and they need to buy medicine, promising to pay for it the next day. What is Shane going to do with his money?
A. Let his mom borrow the money for his brother.
B. He would not let his mother borrow the money.
C. He would save the money to buy his dream phone.
D. Both B and C
Bea is saving money because she needs to buy an important book for her major subject. While scrolling through her social media, she came across a Shopee advertisement for a bag on sale. This is the bag she had been wanting for a long time. What would she do?
A. Buy the bag next time and continue saving for important the book she needs.
B. Don’t mind it.
C. Spend money on other things.
D. Spend her money on the bag because it is sale.
My mom gave me 200 pesos, what should I do with it?
A. Spend it all.
B. Give it to my friends and classmates.
C. Refuse to accept it.
D. Spend it on some of my needs and save a portion of it.
Clara has saved an ample amount of money in her piggy bank, however, she noticed that she cannot control her impulsive shopping habits because she has easy access to getting money from it. What should she do to prevent this from happening?
A. Open a bank account.
B. Leave it in the piggy bank.
C. Let her mom handle her finances.
D. Spend it all on her wants.
Anna is fond of accessories. One day, she passed by a jewelry store and spotted a pearl necklace, which happened to be one thousand pesos. Anna really wanted to buy that necklace, but her savings account only contained five hundred pesos. What should Anna do?
A. Return home and beg her mother for money.
B. Save enough money to purchase the necklace.
C. Steal the necklace.
D. None of the choices.
ONE WORD that describes the most significant thing you learned about
"Savings and Its Benefits"
