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Financial Literacy PD session Flashcards | StudBud

Explore/Financial Literacy PD session

Financial Literacy PD session

10 terms·StudBud Administration

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Questions 10

Answers

1
If you want to buy a toy that costs $15 and you have $10, how much more money do you need?
$10
$5
$15
$25
2
What is the primary purpose of money?
To buy toys only
To collect for fun
To make noise
To trade goods and services
3
If you are saving money to buy a bicycle, what should you do first?
Spend all your money on candy
Ask someone to buy the bicycle for you
Make a plan to save and set a goal
Ignore how much it costs
4
Which of these is a basic need?
A warm coat
A new phone
A video game
A candy bar
5
What does the word "budget" mean?
A place where you keep your coins
A plan to save and spend money wisely
A list of all the money you owe
A way to keep track of your favorite toys
6
If you have $20 and you buy a toy for $8, how much money will you have left?
$10
$15
$18
$12
7
What does "earn" mean when talking about money?
To give money to others
To hide your money
To make money by doing work or tasks
To spend all your money
8
Which of the following is an example of saving money?
Putting money in a piggy bank
Buying a new video game
Spending all your allowance
Giving money to a friend
9
What is an example of a good habit for managing money?
Never using money
Ignoring how much you have spent
Spending all your money as soon as you get it
Saving some money for later
10
Who is featured on the Canadian $10 bill?
Viola Desmond
Sir John A. Macdonald
Laura Secord
Terry Fox