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Lesson 2 Pre Test Needs and Wants Worksheet

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is a “need”?

a)

Something you want for fun

b)

Something important for your survival and well-being

c)

Something you see in a commercial

d)

Something a friend has

2.

Which of the following is a “want”?

a)

Water

b)

Shoes for gym class

c)

A video game

d)

Healthy food

3.

Why is it important to tell the difference between needs and wants?

a)

So you can buy everything

b)

So you know what to borrow

c)

So you can make smart choices with your money

d)

So you can copy your friends

4.

Which of these is the best example of smart spending?

a)

Spending all your money on toys

b)

Comparing prices before buying

c)

Buying something just because it’s on sale

d)

Buying snacks every day

5.

If you get $10, what’s a smart thing to do with it?

a)

Spend it all on candy

b)

Buy something right away

c)

Save some and spend some on something you need

d)

Give it away to a stranger

6.

If you always buy items that are on sale, are you always saving money?

a)

Yes, sales always mean saving

b)

Only if it’s something you need and planned to buy

c)

No, sale items are free

d)

Yes, even if you don’t need it

7.

What should you do before making a purchase?

a)

Buy it immediately

b)

Think about if it’s a need or want

c)

Spend all your money first

d)

Ask a stranger

8.

What’s the best way to avoid spending too much money?

a)

Don’t ever buy anything

b)

Spend only when you’re with friends

c)

Make a spending plan or budget

d)

Shop online a lot

9.

Why is saving money better than spending it all?

a)

It’s fun to watch money disappear

b)

You can use it for future goals or emergencies

c)

So your wallet is empty

d)

Because you have to

10.

Imagine you want to buy a new game, but it’s not on your spending plan or budget. What should you do?

a)

Buy it right away because it’s fun

b)

Wait and add it to your budget for next time

c)

Spend all your savings on it

d)

Ask a stranger for advice