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Financial Literacy practice questions

In Dragon Academy, Financial Literacy is taught by Midas. Every question a kid answers correctly trains Midas to grow and evolve. Here are real questions from the game — tap an answer to check it.

On this page kids practice real financial literacy: telling needs from wants, earning and saving, coins, prices, and making change, budgets, how banks work — deposits, withdrawals, and interest — plus smart-shopper skills like comparing unit prices and spotting the tricks in advertisements. Every question comes with a short explanation and a fun fact worth repeating at dinner.

The four difficulty tiers climb steadily. Easy questions — how much change from $5 for a $3 toy? — suit 7- and 8-year-olds with no prior knowledge. Medium introduces budgets, bank interest, and why a sold-out toy's price rises, for ages 9–10; hard tackles opportunity cost, inflation, and why compound interest makes savings grow faster and faster; expert reaches the Rule of 72, credit scores, supply-and-demand shifts, and why payday loans carry triple-digit APRs — a genuine stretch for 12- and 13-year-olds and for many adults, too.

In Dragon Academy, every correct answer trains Midas, the game's economy dragon, who grows and evolves as your child's knowledge does. The five sample questions on this page are free to try — tap an answer to check it and read the explanation behind it.

Try 5 sample questions

  1. What is money mainly used for?

  2. Which of these is a need — something you must have to live?

  3. Which of these is a want — nice to have, but you can live without it?

  4. What does it mean to save money?

  5. What is a piggy bank for?

Want more than 5 questions?

The full game has 100 Financial Literacy questions across difficulty tiers — plus dragons to raise, hybrids to breed and a story library to read. Free, no ads.

Train Midas — play free