🪙 Financial Literacy practice questions

Try 5 sample questions

1. What is money mainly used for?

   Decorating your room Trading it for things people need and want Keeping score in board games Making paper airplanes

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

   A video game A candy bar Clean water A skateboard

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

   Water A warm place to sleep Healthy food A new toy robot

4. What does it mean to save money?

   Spending it as fast as you can Giving it all away Hiding it and forgetting where it is Keeping money now so you can use it later

5. What is a piggy bank for?

   Feeding pet pigs Cooking breakfast Storing coins you are saving Playing music