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Questions -The Grinch Financial

Total questions: 20

Worksheet time: 15mins

Name
Class
Date
1.

When the Grinch steals all the presents, what concept does this show?

a)

Scarcity

b)

Needs vs. Wants

c)

Inflation

d)

Interest Rates

2.

The Grinch tries to 'save money.' What habit is he practicing?

a)

Budgeting

b)

Saving

c)

Borrowing

d)

Investing

3.

The Whos celebrating without gifts shows what lesson?

a)

Emotional spending

b)

Opportunity cost

c)

Financial independence

d)

Impulse buying

4.

Borrowing tools would be an example of:

a)

A. A loan

b)

B. Income

c)

C. Expense tracking

d)

D. Net worth

5.

Cindy Lou Who saving money is an example of:

a)

Budgeting

b)

Saving

c)

Borrowing

d)

Investing

6.

Spending more than you earn is called:

a)

Surplus

b)

Balanced budget

c)

Deficit

d)

Revenue

7.

Paying for damages would be a:

a)

Asset

b)

Liability

c)

Dividend

d)

Credit score

8.

Sharing costs lowers what?

a)

Fixed expenses

b)

Variable expenses

c)

Total expenses

d)

Income

9.

Money earned from working is:

a)

Expense

b)

Income

c)

Loan

d)

Budget

10.

Planning expenses would be making a:

a)

Budget

b)

Credit report

c)

Savings account

d)

Tax return

11.

Replacing gifts is an example of:

a)

Income

b)

Expenses

12.

Borrowing to fix the sled means paying:

a)

Tax

b)

Fee

c)

Interest

d)

Income

13.

Valuing relationships relates to:

a)

Investing in stocks

b)

Investing in human capital

c)

Creating debt

d)

Overspending

14.

The value of everything someone owns is:

a)

Income

b)

Net worth

c)

Loan

d)

Interest

15.

Saving money at home is:

a)

Inflation

b)

Saving without interest

c)

Earning dividends

d)

Borrowing

16.

Whos donating food shows:

a)

Taxes

b)

Opportunity cost

c)

Charity

d)

Investing

17.

Returning everything reduces:

a)

Future liabilities

b)

Assets

c)

Income

d)

Surplus

18.

A long-term holiday savings goal is:

a)

Saving for retirement

b)

Building an emergency fund

c)

Saving for next year’s holiday

d)

Paying interest

19.

Money earned from sled rides is:

a)

Expense

b)

Loan

c)

Income

d)

Debt

20.

Choosing one thing over another is:

a)

Opportunity cost

b)

Liability

c)

Asset

d)

Income