Kids Quiz About Money
| BOSTON
1. A quarter is worth:
(A) 10 cents (B) 5 cents (C) 25 cents
2. Pick which one is a need, not a want:
(A) ice cream (B) food (C) bicycle
3. Choose an example of sharing:
(A) giving money at church
(B) buying a candy bar
(C) putting money in a piggy bank
4. Name three ways to get money:
1.
2.
3.
5. Sue forgot her lunch money and promises to pay it back tomorrow. Sue is:
(A) spending (B) saving (C) borrowing
6. Name three places to keep your money:
1.
2.
3.
7. Which doesn't belong? I can buy things with:
(A) a check (B) a credit card (C) marbles (D) money
8. Name three things you want to save your money to buy:
1.
2.
3.
9. Pick which one is a long-term goal. Buying:
(A) gum (B) bicycle (C) stickers
10. If you put your money in a bank, you get extra money for keeping it there. It is called: (A) interest (B) a gift (C) change.
Source: Jump$tart Coalition
Answers
1. C, 2. B, 3. A, 4. Allowance, gift, doing chores, other, 5. C, 6. Bank, parents, sock, envelope, other, 7. C (Paying with marbles is possible if other person agrees to the exchange. That's called barter.), 8. No wrong answers, 9. B, 10. A (See "The Basics" on Page B2 to learn how interest works.)
