Money Matters

What is the name of the currency used in your country?

• JPY (Japanese Yen)

• USD (United States Dollar)

• GBP (British Pound)

• EUR (Euro)

How many cents make a dollar?

• 50

• 200

• 75

• 100

What is the value of a dime?

• 5 cents

• 25 cents

• 1 dollar

• 10 cents

If you have 3 quarters, how much money do you have?

• 1 dollar

• 75 cents

• $1.50

• 30 cents

What is the difference between a debit card and a credit card?

• The main difference is that a debit card uses the money you already have, while a credit card allows you to borrow money up to a certain limit.

• A debit card requires a credit check, while a credit card does not.

• A debit card has a higher interest rate than a credit card.

• A debit card is used for online purchases only, while a credit card is used for in-store purchases.

What is the purpose of a piggy bank?

• To play music

• To keep track of time

• To store food

• To store and save money, especially loose change.

Name three things you can do to save money.

• Spend more on luxury items

• Ignore sales and promotions

• 1. Create a budget and stick to it, 2. Cut unnecessary expenses, 3. Look for deals and discounts when shopping

• Avoid comparing prices before making a purchase

What is the meaning of 'budget'?

• A type of fruit

• A type of bird

• A financial plan for a defined period that includes estimated revenues and expenses.

• A type of car

Why is it important to earn and save money?

• To spend it all on unnecessary items

• It is important to earn and save money for financial security, future investments, and achieving long-term goals.

• To have a large debt

• To rely on others for financial support

What are some ways you can earn money as a kid?

• Doing chores, starting a small business, offering to help with tasks

• Playing video games

• Asking for an allowance increase

• Selling personal belongings