WorksheetsDay 3 FI (Y7 &Y8) HR
Total questions: 15
Worksheet time: 9mins
Which of the following is a need?
New smartphone
Jacket
Movie ticket
Branded sneaker
Why is it important to save money before spending on wants?
To buy more expensive things
To impress friends
To have money for emergencies
To avoid budgeting
Which of these is an example of an impulse buy?
Buying groceries with a list
Waiting for a sale to buy shoes
Setting a budget before shopping
Buying a candy bar while waiting in line at the checkout counter
If you don’t track your spending, what might happen?
You might save more money
You could spend more than you have
You will find more deals
You will stop buying wants
What’s the first step in the 4 tips to shop smart? Choose the correct order.
1. Plan a budget
2. Use coupons and discounts3. Make a list
4. Compare prices
1. Make a list
2. Compare prices
3. Use coupons and discounts
4. Plan a budget
1. Use coupons and discounts
2. Compare prices
3. Make a list
4. Plan a budget
1. Plan a budget
2. Make a list
3. Compare prices4. Use coupons and discounts
( ) are things you must have.
(a)
( ) are things you would like to have.
(a)
Why is it important to know the difference between needs and wants?
To buy more things
To save all your money for wants
To avoid spending money
To prioritize spending on things necessary for daily life
Which of the following are two smart tips for shopping smart? Choose the best answer.
Spend as much as you can now and save later
Always buy everything on sale and borrow money
Buy what your friends buy and avoid setting limits
Make a list and set a budget
What is one smart spending habit you can practice in your daily life?
Ignore prices and buy what you like
Save money before buying wants and compare prices
Spend all your money on things you want
Buy things on impulse when you’re at the store
Which of the following is an example of a want?
Water
Medicine
Rent payment
New video game
Which of these is a bad spending habit?
Comparing prices before buying
Setting a limit on how much to spend
Impulse buying without planning
Making a list before shopping
Why should you compare prices before buying something?
To avoid saving money
To buy the most expensive option
To spend as much as possible
To make sure you are getting the best deal
What’s one benefit of saving money regularly?
You don’t need to compare prices
You never have to make a budget
You can buy whatever you want immediately
It helps you prepare for future needs and emergencies
If you make a shopping list, you’re more likely to avoid buying things you don’t need.
True
False
