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Series B - Evaluation Homework

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Why is it important to save money?

a)

To buy everything you want immediately.

b)

To spend it all on candy.

c)

To have money for future needs and emergencies.

d)

To give it all away.

2.

What is the best place to keep your savings safe?

a)

In your piggy bank.

b)

In a bank account.

c)

Under your bed.

d)

With a friend.

3.

What is a good reason to save your allowance?

a)

To have money to buy snacks every day.

b)

To spend it all on the weekend.

c)

To buy a new toy or game later.

d)

To lose it.

4.

What is the first step in making a smart spending decision?

a)

Buy what looks cool.

b)

Flip a coin.

c)

Ask your friends what they would buy.

d)

Check how much money you have.

5.

What is a good way to compare prices before buying something?

a)

Look at different stores or online shops.

b)

Choose the first one you see.

c)

Ask your friends where they bought theirs.

d)

Pick the one with the most advertisements.

6.

How can you decide if something is a "need" or a "want"?

a)

If you like it, it’s a need.

b)

If you need it for daily life, it’s a need; if it’s just for fun, it’s a want.

c)

If it’s on sale, it’s a need.

d)

If your friend has it, it’s a need.

7.

Why is it helpful to set a budget before going shopping?

a)

To know how much you can spend without running out of money.

b)

So you can buy more things.

c)

To impress your friends.

d)

To avoid having to make decisions.

8.

What is a bank account?

a)

A place where you store toys.

b)

A place to buy video games.

c)

A place where you save your money safely.

d)

A place where you go for fun.

9.

Why should kids have a bank account?

a)

To get free candy.

b)

To play games.

c)

To save money for the future.

d)

To watch movies.

10.

Why is it important to save money?

a)

To buy things you want right away.

b)

To forget about it.

c)

To show off to friends.

d)

To have money for future needs or emergencies.