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Money Matters

Total questions: 37

Worksheet time: 26mins

Name
Class
Date
1.

Hey there, students! Nora, Liam, and James are curious about something. Can you help them figure it out? What is this?

a)

a bank

b)

a check

c)

a PIN

d)

an ATM

2.

Hey Abigail! How much money do you have in your account? Let's find out!

a)

your bank account

b)

your balance

c)

your credit union

d)

your check

3.

Hey there, Noah! What do you call a clever plan to spend and save your money wisely?

a)

a budget

b)

a bank account

c)

a savings account

d)

interest

4.

Hey there, students! It's time to test your knowledge! What do you think this is?

a)

a credit card

b)

a budget

c)

a check

d)

a paycheck

5.

Hey there, Jackson, Luna, and Liam! Can you tell me what are the 2 kinds of accounts you can have?

a)

ATM

b)

checking

c)

budget

d)

savings

6.

Hey there, Aria! You can protect and save your money in a bank or a ________________ . What do you think?

a)

check

b)

debit card

c)

interest

d)

credit union

7.

Hey Anika, Rohan, and Hannah! Have you ever wondered what your money does while it's chilling in a bank or credit union?

a)

budget

b)

interest

c)

checks

d)

ATM

8.

Mia and Mason are curious about a mysterious object they found. What do you think it is?

a)

a credit card

b)

a check

c)

a debit card

d)

an ATM

9.

Hey there, students! Benjamin, Sophia, and Luna are curious about something. Can you help them out? What is this?

a)

a statement

b)

a bill

c)

a budget

d)

a credit union

10.

When Luna ____________ money, she works hard to earn it!

a)

borrow

b)

steal

c)

lend

d)

earn

11.

Hey there, Daniel! Can you guess what my _______ is? It's just like my password, but way simpler—only 4 numbers!

a)

PIN

b)

ATM

c)

checking account

d)

savings account

12.

Hannah wants to save some cash! To do that, she needs to ________________ money.

a)

spend

b)

deposit

c)

check

d)

cash

13.

Hey Aria, did you know that a bank or credit union can _________________ your money?

a)

protect

b)

stolen

c)

spend

d)

budget

14.

Hey Mason, Aria, and Abigail! Can you guess what this is?

a)

check

b)

quarter

c)

cash

d)

debit card

15.

Hey there, Evelyn! Can you help Jackson figure this out?

What is this?

a)

cash

b)

statement

c)

receipt

d)

deposit

16.

Hey there, Anika and Jackson! Can you fill in the blanks? The opposite of ____________ money is ___________ money. Let's see if you can get it right!

a)

borrow

b)

spend

c)

save

d)

stolen

17.

Brit is feeling a bit down because her hard-earned money was ____________________ . Maybe Priya or Grace can help her figure it out!

a)

earned

b)

deposited

c)

saved

d)

stolen

18.

Hey there, Daniel! Have you ever thought about how going to work at a job can be a way to....

a)

get fired

b)

earn money

c)

make new friends

d)

buy a motorcycle

19.

Hey there, students! Let's help Arjun figure out what money earned or received is all about. Can you guess?

a)

Expenses

b)

Income

c)

Deductions

d)

Check

20.

Hey there, students! Let's talk about budgets. What do you think a budget is?

a)

a way to spend your money

b)

a plan for spending your money

c)

creating ways to save your money

d)

all of the above

21.

Hey there, students! Let's see if you can help Isla figure this out: What do we call the percentage rate (APR) charged on purchases?

a)

annual fee

b)

interest

c)

balance

22.

Hey there, future credit card holder! Before you dive into the world of credit cards, just like James and Michael did, you'll want to find out...

a)

if there is an annual fee.

b)

what the interest rate is on purchases.

c)

what types of late fees could be charged.

d)

all of these are correct.

23.

Hey there, Charlotte! Did you know that using a credit card can be a smart way to manage your purchases? Imagine this: you can...

a)

put money into a savings account.

b)

purchase something now and pay for it later, just like Ethan does!

c)

take money directly from your checking account.

24.

Hey there, students! Did you know that Financial Literacy is all about having the knowledge, understanding, and skills necessary to become an effective consumer? Let's see if you can spot the truth!

a)

True

b)

False

25.

Hey there, Mia and Samuel! Let's talk about something important: What is emergency savings?

a)

Transferring money into your savings before you pay your bills

b)

Original amount of money saved or invested

c)

Cash set aside to cover the cost of unexpected events

d)

Maximizing your return by selling stocks at a higher price than what you paid for

26.

Hey there, Aria! Let's dive into the world of finance. What do you think saving really means?

a)

Accumulation of excess funds by intentionally spending less than you make

b)

Cash set aside to cover the cost of unexpected events

c)

A monetary asset that contributes to your net worth

d)

Money available today that is worth more if received in the future

27.

Hey there, Sophia! Let's talk about the awesome benefits of credit cards. Can you guess which of these is true?

a)

They're safe and super convenient, plus you can earn bonuses!

b)

They help you build a positive credit report, just like Ethan did!

c)

They're essential for making reservations and shopping online, just ask Ava!

d)

All of these benefits are true!

28.

Hey there, students! Imagine Samuel and Noah are trying to manage their money. What do they need to do to put money into their account?

a)

Deposit

b)

Withdraw

c)

Savings for a chicken

d)

Interest for a cow

29.

Hey there, students! Grace, Abigail, and Noah are on a quest to understand a special type of payment method. Can you guess what it is? It's a plastic payment card linked to a financial account and is used for transactions!

a)

Debit Card

b)

Credit Card

c)

Checking Account

d)

Savings Account

30.

Hey Maya! If you were to walk into a bank, which of these cool services do you think they would offer?

a)

net deposit and balance

b)

online banking and savings accounts

c)

check writing and car wash

d)

credit card and Tootsie Rolls

31.

Hey there, students! Avery, Henry, and Maya are curious about the world of finance. Can you help them figure out which of the following are financial institutions?

a)

bank and credit union

b)

library and hospital

c)

school and museum

d)

Starbucks and Wal-Mart

32.

Grace is on a mission to make the best hot dogs in town! She spends $8.00 on all the ingredients she needs. If she sells 20 delicious hot dogs for $1.00 each, how much profit does she make?

a)

$20.00

b)

$12.00

c)

$10.00

d)

$11.00

33.

Avery is on a creative mission to sell beautiful bracelets!  She spends $2.00 on colorful beads and $2.50 on shiny string.  If she sells 10 of her stunning bracelets for $1.00 each, can you figure out how much she spent in total?

a)

$2.00

b)

$2.50

c)

$4.50

d)

$5.50

34.

Hey there, students! Abigail, Sophia, and Emma are discussing their finances. They wonder, what do we call the money that we make?

a)

income

b)

variable expense

c)

property taxes

d)

fixed expense

35.

Hey there, Scarlett! If you were to go shopping with Arjun and Harper, what do you think is something that you would pay for?

a)

income

b)

an expense

c)

a profit

d)

savings

36.

Hey Emma, William, and Hannah! Which of the following is an advantage of using a credit card?

a)

Interest is charged for the use of a credit card.

b)

Consumers can purchase things now, and pay for them later in the event of an emergency.

c)

You could be a victim of identity theft.

37.

Hey there, Mia! Which of the following is considered an advantage to using a debit card for your shopping adventures?

a)

Debit cards are super convenient and easy to carry around.

b)

Purchases can be made quickly and easily, just like Anika loves!

c)

You can use many ATMs to get cash whenever you need it.

d)

All of the above, just like Ava would say!