Financial Education for Kids: Buying a Video Game

A child wants to buy a new video game but lacks enough money. The mother suggests checking online for better prices. They find the game cheaper online but with interest on installment payments. The mother explains interest and suggests saving more money to avoid extra costs. The child decides to save for four months to buy the game without interest, learning the value of patience and financial planning.

How much money does the child have saved for the video game?

• 1,000 reais

• 1,500 reais

• 2,000 reais

• 2,500 reais

What is the price of the video game according to the TV commercial?

• 2,000 reais

• 2,200 reais

• 1,500 reais

• 1,800 reais

What suggestion does the mother give to find a cheaper price for the video game?

• Wait for a sale

• Check other stores

• Buy a used one

• Search online

What is the total cost of the video game if bought in 10 installments of 199 reais each?

• 1,899 reais

• 1,999 reais

• 2,199 reais

• 2,000 reais

What does the term 'installment' mean?

• A discount on the product

• A fee for late payment

• A one-time payment

• A monthly payment until the total is paid

Why is the total cost higher when paying in installments?

• Because of handling charges

• Because of shipping fees

• Because of taxes

• Because of interest

How much more does the video game cost when bought in installments compared to paying upfront?

• 100 reais

• 150 reais

• 200 reais

• 50 reais

How long will it take for the child to save enough money to buy the video game without paying interest?

• 4 months

• 3 months

• 5 months

• 2 months

What is the child's monthly allowance?

• 50 reais

• 75 reais

• 100 reais

• 150 reais

What is the potential benefit of waiting to buy the video game?

• The game might get outdated

• The game might become unavailable

• The price might decrease

• The price might increase