Money Review

What is bartering?

• A type of investment

• Saving money for the future

• Trading goods without money

• Using money to buy goods

Where did the first paper money originate?

• Rome

• China

• Lydia

• Greece

What is one way students can earn money?

• By trading animals

• By doing extra chores

• By borrowing from friends

• By spending their allowance

What can money not buy?

List down the benefits of saving money!

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Eko wants to raise money for a local animal shelter. What is the first step he should take to raise money ?

• Sell items online

• Create a budget

• Brainstorm ideas

• Ask your friends

What is the role of money in daily life?

• To buy only luxury items

• To avoid working

• To meet basic needs

• To trade for services

What is a medium of exchange?

• A way to barter

• A form of savings

• Something used to buy and sell

• A type of investment

What does it mean to spend money wisely?

• Creating and sticking to a budget

• Ignoring your needs

• Borrowing money from friends

• Buying everything you want

What is the purpose of a budget?

• To spend all your money

• To track your spending and saving

• To trade goods

• To borrow money