WorksheetsLesson 1 Pre Quizz
Total questions: 10
Worksheet time: 5mins
What is money mainly used for?
Playing games
Buying and selling goods and services
Making friends
Drawing pictures
Which of the following is a good reason to save money?
To buy everything right now
To prepare for future needs or emergencies
To give it all away
To lose it
Which of these is an example of a short-term savings goal?
Buying a house in 10 years
Saving for college
Saving for a new toy next month
Retiring at age 65
What does it mean to “budget” your money?
Hide your money from your parents
Spend it all at once
Plan how to spend and save your money wisely
Keep money in your backpack
Which of the following is a realistic saving goal?
Saving $1,000 overnight
Saving $20 each week to buy a bike in three months
Buying a car without money
Expecting free money to appear
What is the difference between a need and a want?
Wants help you survive, needs are for fun
Needs are important for survival, wants are nice but not necessary
If you earn 10andsave 4, how much are you spending?
$6
$14
$10
$4
Why is it smart to set saving goals?
To waste time
To help you stay focused and motivated to save
So you never spend money
Because someone told you to
What is one way to keep your money safe?
Put it under your pillow
Bury it in the backyard
Keep it in a savings account
Give it to a friend
Which of the following is an example of income?
A gift card
Money earned from chores or a job
A toy
A coupon
