WorksheetsMoney & Our Lives Unit 1 Lesson Assessment 1-2
Total questions: 23
Worksheet time: 34mins
In the history of money, we learned of some items used to trade. Which were some of the items?
Bones, sand, and dirt
Shells, feathers, and whale teeth
Hair, human teeth and skin
no particular items
The ability to understand and effectively utilize money is
(a)
Something that is essential or very important for survival.
(a)
Goals and objects ranked in order of importance.
(a)
Select all that apply; Name outside factors that influence financial decisions.
Familiy
Culture
Peers or Friends
Location
All of the Above
Name the Types of Spenders
(a)
Spending that is not necessary for everyday life.
(a)
Essential ways to have healthy finances:
Educate Yourself
Be clear about your goals and values.
This type of spender puts off making money decisions.
(a)
This type of Spender likes to see their money make money.
(a)
This person saves every penny and does not want to or are afraid of spending.
(a)
This type person over spends and thinks very about paying off purchases.
(a)
The emotion you experience attached to your financial decisions.
Emotional Trade-off
Define Short- Term goal and long- term goal. Should they compliment each other?
Please provide e example(s) supporting you place here.
What is a Budget?
Spending your money
A plan for your money
Going to the bank
A form of currency that people use to buy things.
When learning about the history of money we learned they needed money to be...
Select all that Applies
Durable & Portable
Divisible & Hard to Forage
Metal
To have Universal Value
If you got to re-invent money, draw what is might look like! Don't forget to assign it a monetary value.
Why is it important to pay for needs before wants?
How could confusing wants for need cause problems with money?
How would your spending change if you had $50 compared to $150?
What does it mean to prioritize your money?
Why might it be wise to set money aside for savings before spending?
