Types of Money

Which type(s) of money don't require paper?

• Check

• Cash

• Change

• Debit Card

If you need to buy something online, what is the best way to pay?

• With cash

• With change (coins)

• With a check

• With a Card

Answer explanation

You will need to ask your grown-ups for a debit card if you want to buy something online

What form of money is the oldest?

(a)  

Answer explanation

Coins have been used as money for about 7,000 years!

True or False: Checks have to be signed before you can use them to buy something

• True

• False

Answer explanation

True!

A grown up should always sign their name on a check to show that they really want to make that purchase

True or False: It is ok to take someone else's card, as long as they are your friend

• True

• False

Answer explanation

False!!!!

Taking someone's Card is the same thing as taking their money. You should never, ever take someone else's money.

What type of money is your favorite, and why?

Answer explanation

We should always be honest with our money, never take anyone else's, and never spend more than we have.

Having money is a big responsibility, no matter what it looks like.