Prep 6 - Economic Wellbeing

Which of the following is a good way to safeguard your money in a digital environment?

• Sharing your bank password with friends

• Using strong, unique passwords and not sharing them

• Writing your PIN on your bank card

• Posting your bank details on social media

What is one change you might experience with money when moving to secondary school?

• You will never need to buy lunch

• You may have to manage your own lunch money or travel expenses

• You will get paid a salary

• You will not need to think about money at all

Which of the following is a risk associated with gambling?

• Guaranteed to win money

• Losing more money than you can afford

• Saving all your money

• Learning new skills

What is one way to safeguard your valuables in a physical environment?

• Leaving your wallet on a park bench

• Keeping your money in a secure place, like a locked drawer

• Telling everyone where you hide your money

• Carrying all your money with you at all times

Which of the following is usually required for certain careers?

• Educational qualifications

• Owning a car

• Being a certain height

• Having a pet

What is an example of a responsibility in the workplace?

• Arriving late every day

• Completing tasks you are given

• Ignoring your manager

• Playing games during work hours

Which of the following is a possible expense for a university student?

• Buying a new car every week

• Paying for textbooks and accommodation

• Getting free meals every day

• Not paying for anything

What does the term "earnings" mean?

• The amount of money you spend

• The amount of money you receive for work or services

• The number of friends you have

• The amount of homework you do

Which of the following is a risk of not safeguarding your money?

• Your money will grow faster

• Your money could be stolen or lost

• You will always have more money

• You will get a reward

What does it mean to budget?

• To guess how much money you have

• To spend as much as you want

• To plan how to spend and save your money

• To borrow money from friends