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Fun with Money Basics Quiz

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

What is the best way to save money?

a)

Spend it all on toys

b)

Put it in a piggy bank

c)

Give it to a friend

2.

If you have 3 quarters, how much money do you have?

a)

$0.50

b)

$0.75

c)

$1.00

3.

Which of these is a good reason to save money?

a)

To buy candy every day

b)

To buy a gift for a friend

c)

To throw it away

4.

If you have 1andyouspend1 and you spend 0.25, how much do you have left?

a)

$0.50

b)

$0.75

c)

$1.00

5.

What is a budget?

a)

A plan for spending money

b)

A type of coin

c)

A game to play

6.

If you have 5 dimes, how much money do you have?

a)

$0.50

b)

$0.25

c)

$1.00

7.

Which is a good budgeting skill?

a)

Spending all your money at once

b)

Keeping track of what you spend

c)

Ignoring your money

8.

If you save $2 every week, how much will you have after 4 weeks?

a)

$4

b)

$6

c)

$8

9.

What is the value of a nickel?

a)

$0.01

b)

$0.05

c)

$0.10

10.

If you have 2 $1 bills and 3 quarters, how much money do you have?

a)

$2.75

b)

$3.00

c)

$3.25

11.

Why is it important to save money?

a)

To have money for emergencies

b)

To buy everything you see

c)

To give it all away

12.

If you have 4 pennies, how much money do you have?

a)

$0.01

b)

$0.04

c)

$0.10

13.

What should you do if you want to buy something expensive?

a)

Save money over time

b)

Borrow money from everyone

c)

Forget about it

14.

If you have 5andyouspend5 and you spend 2, how much do you have left?

a)

$2

b)

$3

c)

$4

15.

What is the value of a quarter?

a)

$0.10

b)

$0.25

c)

$0.50

16.

If you have 10 nickels, how much money do you have?

a)

$0.50

b)

$1.00

c)

$0.25

17.

What is a good way to keep track of your money?

a)

Write it down in a notebook

b)

Spend it without thinking

c)

Hide it and forget about it

18.

If you save $1 every day, how much will you have after a week?

a)

$5

b)

$7

c)

$10

19.

What is the value of a dollar bill?

a)

$0.50

b)

$1.00

c)

$2.00

20.

If you have 3 dimes and 2 nickels, how much money do you have?

a)

$0.30

b)

$0.40

c)

$0.50