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Saving and Investing

Total questions: 6

Worksheet time: 3mins

Name
Class
Date
1.

Alex wants to buy a new bicycle that costs AED 1,200 in six months. Alex earns AED 200 per month from doing chores.

a)
  1. Save AED 200 every month in a savings account.

b)

Invest the AED 200 monthly in the stock market hoping for a high return.

2.

Maria wants to save AED 3,000 as an emergency fund in case she has unexpected expenses.

a)
  1. Save AED 100 every month in a savings account.

b)

Use the AED 100 monthly to buy lottery tickets hoping for a big win

3.

Jamal wants to save for university, which he will attend in 5 years. He has AED 5,000 saved and can save AED 300 per month.

a)
  1. Keep all the money in a savings account with low interest.

b)

Invest in a diversified portfolio of stocks and bonds.

4.

Sara receives AED 100 as a birthday gift. She wants to buy a game that costs AED 80 but is also considering saving the money for a school trip next month.

a)
  1. Spend AED 80 on the game immediately.

b)

Save the AED 100 for the school trip.

5.

Daniel is considering investing AED 1,000. He can choose between a high-risk stock and a low-risk government bond.

a)
  1. Invest AED 1,000 in a high-risk stock for potentially higher returns.

b)

Invest AED 1,000 in a low-risk government bond for steady, guaranteed returns.

6.

Layla wants to buy a laptop in a year, which costs AED 3,600. She plans to save AED 300 per month.

a)
  1. Save AED 300 per month in a savings account.

b)

Use the AED 300 monthly to invest in a friend's new business idea.