Money Saving Strategies for Kids

Money Saving Strategies for Kids

Assessment

Interactive Video

English

1st - 5th Grade

Medium

CCSS
RL.5.2, RL.2.6, RI.2.2

+23

Standards-aligned

Created by

Lucas Foster

Used 12+ times

FREE Resource

Standards-aligned

CCSS.RL.5.2
,
CCSS.RL.2.6
,
CCSS.RI.2.2
CCSS.L.4.5B
,
CCSS.RL.1.5
,
CCSS.RI.1.4
,
CCSS.L.5.5B
,
CCSS.RI.4.8
,
CCSS.RI.5.8
,
CCSS.RI.2.9
,
CCSS.RL.4.5
,
CCSS.RL.1.2
,
CCSS.RI.4.2
,
CCSS.RI.5.2
,
CCSS.RL.8.3
,
CCSS.RL.2.2
,
CCSS.RI.3.2
,
CCSS.RL.3.2
,
CCSS.RI.2.1
,
CCSS.RL.1.1
,
CCSS.RL.3.1
,
CCSS.RI.1.1
,
CCSS.RL.3.6
,
CCSS.RL.5.3
,
CCSS.RL.4.3
,
CCSS.RL.1.9
,
In this video, a young girl discusses her desire to buy a popular sweater to fit in with her peers. Mr. Rose introduces the concept of 'Keeping up with the Joneses' and advises her on the importance of spending money wisely and saving for the future. He shares his personal experience of saving money as a child, emphasizing the value of financial literacy and the importance of making thoughtful purchasing decisions.

Read more

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'Keeping up with the Joneses' mean?

Learning new skills

Saving money diligently

Investing money in stocks

Buying things to match others' possessions

Tags

CCSS.L.4.5B

CCSS.L.5.5B

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why should you avoid buying things just because others do?

To impress your friends

To prevent personal regret and financial waste

To save money for education

To follow the latest fashion trends

Tags

CCSS.RL.1.5

CCSS.RI.4.8

CCSS.RI.5.8

CCSS.RI.2.9

CCSS.RL.4.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important not to follow every new trend?

Trends ensure financial stability

Trends help in social networking

Trends provide educational value

Trends can be expensive and unnecessary

Tags

CCSS.RI.4.2

CCSS.RL.5.2

CCSS.RI.2.2

CCSS.RL.1.2

CCSS.RI.5.2

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Mr. Rose suggest about spending money on fads?

It's a wise investment

It guarantees happiness

It's essential for social acceptance

It should be avoided if you don't genuinely like the item

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a wise approach to handling money according to Mr. Rose?

Spend quickly on trendy items

Balance between saving and spending wisely

Invest everything in high-risk stocks

Save all your money and never spend

Tags

CCSS.RL.2.6

CCSS.RL.8.3

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does being broke have, according to the girl's experience?

Improves creativity in spending

Has no real impact

Causes sadness and restricts activities

Leads to better budgeting

Tags

CCSS.RI.2.2

CCSS.RL.2.2

CCSS.RL.1.2

CCSS.RL.5.2

CCSS.RI.3.2

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Mr. Rose practice saving money as a child?

By hiding money from his parents

By saving a portion of his earnings

By spending everything he earned

By donating all his earnings to charity

Tags

CCSS.RL.5.2

CCSS.RL.1.2

CCSS.RL.3.2

CCSS.RI.2.2

CCSS.RI.4.2

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