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WorksheetsCash Cows Lesson 10
Total questions: 10
Worksheet time: 5mins
1. What does the idiom "Gravy Train" mean?
A) Getting something easily and without much effort
B) Riding a train that serves delicious gravy
C) Working hard and earning your own success
D) Saving money is not important
2. How does the idiom encourage people to be careful with their spending?
A) By teaching them to save money instead of earning money
B) By emphasizing the importance of being frugal
C) By discouraging them from saving money
D) By encouraging them to waste money on unnecessary things
3. What does Lily want to save up for?
A) A new car
B) A vacation
C) An emergency fund
D) A shopping spree
4) What does the word "emergency fund" mean?
a) Money set aside for unexpected expenses
b) Money saved for a vacation
c) Money used for buying toys
D) Money for everyday use
5. What does their grandmother suggest as a better option for saving money?
A) Putting it in a piggy bank
B) Spending it on unnecessary things
C) Putting it in a savings account at the bank
D) Giving it to their parents
6. Why does their grandmother think putting money in a savings account is better?
A) It allows the money to earn interest and grow faster
B) It is more fun to watch the money grow in a piggy bank
C) It helps them spend their money on unnecessary things
D) It is more convenient than having an emergency fund
7. What is the main lesson from the story?
A) Saving money is not important
B) It is better to spend money than save it
C) Saving money in a piggy bank is the best option
D) Putting money in a savings account can help reach financial goals faster
8. How does the idiom relate to Lily’s goal of saving for an emergency fund?
A) It encourages her to spend the money instead of saving it
B) It emphasizes the importance of having money set aside for unexpected expenses
C) It suggests that saving money is not as valuable as earning money
D) It discourages her from saving money in a piggy bank
9. Why do Lily and David realize that putting money in a savings account is a better option?
A) They want to earn interest on their savings
B) They want to impress their grandmother
C) They want to see their money grow faster
D) They want to waste their money on unnecessary things
10. What is the benefit of saving money according to the idiom?
A) It allows you to earn more money
B) It helps you reach your financial goals faster
C) It encourages you to spend your money wisely
D) It teaches you the importance of being frugal
