WorksheetsPSHE Money Matters Lesson 1-4
Total questions: 14
Worksheet time: 8mins
This form of payment links your bank account to your phone and allows you to pay by tapping your phone onto the contactless reader.
credit card
Debit card
Smartphone
Online payment
This is a card that is linked to an account where you keep your money. It allows you to spend your own money.
Credit card
Debit card
Bank account
Contactless payment
Wiley owns a credit card, a debit card, and some cash in his wallet. He has savings that less than RM 3,000 in his current account. He wants to buy a sofa set which costs RM 2,500. Which payment method he should choose?
Credit card
Debit card
Cash
Bob is an engineer. He wants to buy a house after rented a room for so many years. What payment method that he should use?
Credit card
Debit card
Cash
Take a bank loan
What is a credit card?
a card which gives you access to a line of credit issued by a bank
a card which deducts money directly from your bank account
a card that you send to someone on their birthday, with a picture on the front and greetings
a card that entitles the holder to buy goods from a seller at a discount
What does interest mean?
the amount of money a bank or financial institution pays a depositor for holding their money with the bank
the feeling of wanting to know or learn about something or someone.
credit card companies charge you for the privilege of borrowing money
Why do we save money in banks?
To avoid being stolen by people
To avoid lost
Not to be destroyed
To earn an interest
Which of the following account allows us to issue cheques?
Current/checking account
Savings account
Which of the following account allows us to earn some interests if we put money into that account?
Current/checking account
Savings account
What does "late payment charge" mean?
the smallest amount of money that you have to pay each month to keep your account in good standing
a charge imposed on a consumer who fails to make the payment on a debt or other financial obligation by the due date
a summary of how you've used your credit card for a billing period
Femi needed to pay a library fine as his books were overdue. He borrowed £10 from his sister and she now needs it back to buy her school dinners for the week.
What would you feel if you were Femi?
Happy
Worried
Excited
Stressed
Sophia’s Aunt has given her £2 to put in her money box and save up for something.
How would you feel if you were Sophia?
Happy
Excited
Worried
Stressed
What could happen if people borrow money and cannot repay what is needed?
Nothing happens.
He would fall in debt.
He can wait until he has money to pay.
Bank will loan him a sum of money.
If we couldn't afford, we should only buy things that we ________.
need
want
wish
hope
